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Author's articles
Buffett's Berkshire Hathaway hits $1 tn market value
Warren Buffett's Berkshire Hathaway holding company briefly crossed $1 trillion in market value Wednesday, making it the first non-tech firm on Wall Street to cross the milestone. On Wednesday, Berkshire Hathaway's market capitalization briefly crossed $1 trillion in early trading, putting it in an exclusive club alongside tech titans like Apple, Nvidia and Microsoft.
PetroSaudi execs get Swiss jail terms over $1.8 bn 1MDB fraud
PetroSaudi execs get Swiss jail terms over $1.8 bn 1MDB fraud
Telegram founder ordered to French court to face possible charges
Pavel Durov, the founder and chief of Telegram, was to appear in a French court Wednesday to face possible charges of failing to curb extremist and illegal content on the popular messaging app after his arrest at the weekend.
Serbia leader plans to seal French fighter jet deal with Macron
President Aleksandar Vucic told AFP on Wednesday that Serbia expects to sign a "huge" deal for French fighter jets during a visit this week from France's leader, an agreement estimated to be worth billions of dollars.
Chinese EV giant BYD posts 24.4% rise in profit
Leading Chinese automaker BYD posted on Wednesday a 24.4 percent rise in net profit for the first half of 2024, boosted by continuing strong demand for electric cars in its home and overseas markets.
A new hope? France's Ubisoft banking on new 'Star Wars' game
Laser pistols loaded, hover bikes revved up, lizard-faced aliens in the crosshairs -- the latest "Star Wars" video game hits the shelves on Friday with its French publisher, Ubisoft, in need of a rescue mission. Ultimately, he said Assassin's Creed was the franchise that would "work better and longer" than Star Wars. kf/jxb/lth
Ethiopia says mega-dam doubles electricity output
Ethiopia said it has more than doubled electricity production from its controversial mega-dam on the Blue Nile after two more turbines started operations. "The two turbines generating 400MW each have now started operations, adding to the already functional two turbines generating 375MW each, totalling an output of 1,550MW." Ethiopia first began generating electricity at the dam in February 2022.
China's solar sector blazes trail in commitment to renewables
Hundreds of rows of gleaming panels blanket swathes of scrubby sand at sunset in a remote northern Chinese desert -- once the biggest solar farm in the world. Fishman, of the Lantau Group, said the intense competition "is good news for builders, who continue to benefit from the cheapest panels the world has ever seen".
Toyota shutters Japan factories as typhoon approaches
Auto giant Toyota is suspending production at all its factories in Japan because of an approaching typhoon, the company said Wednesday.
AFP
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