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...The planned downgrade would have taken their financial strength rating down three notches, from B++ to B-, they said....
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...Eric Platt, along with worthy collaborators Eva Xiao, Patrick Mathurin, Ian Smith and Myles McCormick, have produced a tremendous series about the future of Berkshire Hathaway without Warren Buffett....
...However, increased demand for private work could take doctors and nurses away from the state’s free-at-the-point-of-use NHS, Warren warned....
...Jain sought permission from his boss, Warren Buffett, to increase the bet....
...Warren Buffett warned Berkshire Hathaway shareholders at the weekend that his sprawling $905bn conglomerate has virtually “no possibility of eye-popping performance” in the years ahead....
...Warren Buffett series The death of vice-chair Charlie Munger has intensified questions over the future of a Berkshire Hathaway without Warren Buffett....
...Warren Buffett said Greg Abel should have the final decision on investments at Berkshire Hathaway, handing his successor responsibility for how hundreds of billions of dollars are allocated....
...Additional contributions from Tee Zhuo and Gordon Smith...
...That is in line with current market expectations given that a default at Kemble earlier this month sent the price of a second-ranking “Class B” bond plunging to little over half of its face value....
...The £1.3bn of so-called class B debt, which is still inside the ringfence but has a lower-ranking claim on the company’s cash flows, could be hit with even deeper 35-40 per cent impairments....
...MainFT’s been all over Warren B lately, but here’s Eric Platt et al. with the succession analysis....
...Traders are marking a riskier £250mn “class B” bond at little over 60 pence in the pound....
...Paul Smith cotton/silk socks, £41 Models, Adam Larkin, Alec Lermon, Boo Mehmet and Khari Madu at Xdirectn; Ayobami, Ayokunle and Ayooluwa Oyesanwo and Warren at Kids London Ltd; Bear Cox at Present; David...
...Chart of the day Warren Buffett’s Berkshire Hathaway yesterday said it sold 10mn Apple shares in the last three months of 2023....
...It’s all people Warren has known for a while, all people who have been through the trenches with Warren.”...
...No mention of the B-word, then....
...Ukraine aid bill: Democrat Senate majority leader Chuck Schumer is expected to propose a “Plan B” after the $118bn bipartisan spending bill that tied support for Kyiv to a crackdown on immigration at the...
...Tesla news: Elon Musk’s Tesla has been knocked off the top spot as the world’s best-selling electric-vehicle maker for the first time by BYD, the Chinese EV maker backed by Warren Buffett. 3....
...Warren Smith Montreal, QC, Canada...
...The state-run oil producer said the energy ministry had ordered the move which would have increased its daily output from 12mn barrels a day to 13mn b/d by 2027....
...damage than its northern neighbour . . . . . . but more than 25 per cent of its buildings have been affected so far — and the figure is rising rapidly The population of Khan Younis, with its crowded warrens...
...Porter is a progressive in the mould of Elizabeth Warren, the Massachusetts senator who is a vocal advocate for regulation....
...When their idol took the stage, the screams that greeted her would do justice to the word hysteria, yet what followed was not an evening of Taylor Swift pop or Ariana Grande R&B, but a set of bossa novas...
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