Reuters UK Business

By Jonathan Stempel (Reuters) – Warren Buffett left no doubt: He misses Charlie Munger, and so will Berkshire Hathaway’s shareholders. Buffett on Saturday devoted a special section of his annual shareholder letter to Munger, who died in November at age 99. The 93-year-old Buffett called his long-time business partner a key driver behind what has …

Warren Buffett mourns passing of Berkshire ‘architect’ Charlie Munger Read More »

FRANKFURT (Reuters) -German labour union Verdi on Saturday demanded Lufthansa offers a higher wage increase for thousands of the German airline’s ground crew before it agrees to a fresh round of pay talks aimed at averting further industrial action. Ground staff walked off the job at major airports on Tuesday in their second strike this …

Union demands Lufthansa makes improved offer before agreeing fresh talks Read More »

(Reuters) -U.S.-based medical devices provider Rotech Healthcare said on Friday it was reviewing a list of patients who may have been impacted due to a cybersecurity breach experienced by its partner Philips’ Respironics unit. Orlando-based Rotech said in a statement that Respironics, which sells breathing devices and ventilators to treat sleep apnea, was made aware …

Rotech says patients likely impacted by hack at partner Philips’ unit Read More »

BERLIN (Reuters) – Franco-Italian automaker Stellantis wants to stick to the European Union’s goal to effectively ban the sale of new petrol and diesel cars from 2035, CEO Carlos Tavares said in an interview with German media outlet Welt published Saturday. Tavares’s comments come as politicians and people in the auto industry had argued that …

Stellantis CEO defends EU’s 2035 ban on fossil-fuel cars Read More »

By Aditya Soni and Patturaja Murugaboopathy (Reuters) -Nvidia briefly hit $2 trillion in market value for the first time on Friday, riding on insatiable demand for its chips that made the Silicon Valley firm the pioneer of the generative artificial intelligence boom. The milestone followed another bumper revenue forecast from the chip designer that drove …

Nvidia briefly hits $2 trillion valuation as AI frenzy grips Wall Street Read More »

By Jonathan Stempel NEW YORK (Reuters) -A U.S. judge ruled on Friday that Barclays must face a proposed class action by shareholders who accused the British bank of securities fraud related to its sale of $17.7 billion more debt than regulators allowed. U.S. District Judge Katherine Polk Failla in Manhattan said shareholders adequately alleged that …

Barclays must face US shareholder lawsuit over $17.7 billion debt sale blunder Read More »