Tag: CONG08
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Factbox: Warren Buffett’s Investments in Financial Firms
NEW YORK, March 23 (Reuters) – Berkshire Hathaway’s Warren Buffett has been in talks with senior officials in the Biden administration about the banking crisis, leading some to speculate that Buffett might consider investing in the sector following the collapse of Silicon Valley Bank . Buffett is known to invest during tough times for the […]
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Wall St falls on bank stocks tumble, jobs report jitters
Investors are looking forward to Friday’s jobs report Bank shares plummet after SVB announces share sale General Electric rises after repeated forecast Indexes down: Dow 1.85%, S&P 1.66%, Nasdaq 2.05% March 9 (Reuters) – Wall Street’s three major stock indices closed lower on Thursday, with banking stocks the biggest drag, while investors also worried Friday’s […]
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Japan’s new rocket fails after an engine problem, a blow to space ambitions
Destruction signal sent to missile 14 minutes into flight Japan’s space agency is still hoping for a competing rocket Rocket to eventually supply the planned US space station on the moon TOKYO, March 7 (Reuters) – Japan’s new medium-lift rocket failed on its debut flight into space on Tuesday after the launcher’s second stage engine […]
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Japan destroys new rocket in space after second stage engine failure
TOKYO, March 7 (Reuters) – Japan said it had destroyed a new medium-lift rocket launched into space on Tuesday after the vehicle’s second stage engine failed to ignite, in a blow to its efforts to open access to expand into space and remain competitive in a launch market rocked by Elon Musk’s SpaceX. The 57-meter […]
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Adani Shares Surge After $1.87 Billion GQG Investment; more roadshows are planned
SYDNEY/BENGALURU, March 3 (Reuters) – Adani shares rose Friday after a $1.87 billion investment in the group by GQG Partners Inc allayed concerns about the group’s ability to raise funding as the conglomerate plans more roadshows organized to boost investor confidence . The stock purchases by the US investment firm were the first major investment […]
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Warren Buffett remains optimistic and preaches patience in an annual letter
Feb. 25 (Reuters) – Billionaire investor Warren Buffett indicated on Saturday that he has not yet lost his continued faith in the US economy and his company Berkshire Hathaway Inc (BRKa.N). In his annual letter to Berkshire shareholders, the 92-year-old Buffett urged investors to focus on the long-term big picture, rather than higher inflation and […]
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Japan halts launch of H3 flagship missile just before liftoff
TOKYO, Feb. 17 (Reuters) – Japan on Friday halted the launch of its first new medium-lift rocket in three decades just before the H3 vehicle was due to take off after secondary booster motors tethered to the side failed to fire. During the live-streamed event, the H3’s main engine failed after the launch countdown reached […]