By Jonathan Stempel OMAHA, Neb. (Reuters) -Warren Buffett said on Saturday that Berkshire Hathaway Inc has taken a 9.5% stake in Activision Blizzard Inc, and built most of that stake after Microsoft Corp agreed to buy the video game maker for $68.7 bil…
Buffett says inflation an issue for Berkshire, it ‘swindles almost everybody’
OMAHA, Neb. (Reuters) – Warren Buffett said on Saturday that inflation “swindles almost everybody” and that it was “extraordinary” how much inflation had been seen in Berkshire Hathaway Inc’s own businesses. Inflation has surged in the United States, h…
UK asks North Sea oil and gas sector to set out plan to reinvest profits
LONDON (Reuters) – Business minister Kwasi Kwarteng has written to the North Sea oil and gas industry asking it to set out a clear plan to reinvest its profits into British energy projects, his department said on Saturday. Energy prices have hit record…
Russian military propeller plane briefly enters Swedish territory
STOCKHOLM (Reuters) – A Russian military propeller plane briefly violated Swedish airspace over the Baltic Sea on Friday, the Swedish Armed Forces said in a statement on Saturday. The Russian AN-30 plane was located east of the Danish island of Bornhol…
Second bombing in two days in Kabul on eve of Eid al-Fitr holiday
KABUL (Reuters) – A bomb blast in a passenger van in Kabul on Saturday killed at least one person, officials said, in the second explosion in the Afghan capital in two days, as security concerns rise on the eve of the Muslim holiday of Eid al-Fitr. “On…
Buffett slams Wall St, extols cash, addresses nuclear risk at Berkshire meeting
By Jonathan Stempel and Carolina Mandl OMAHA, Neb. (Reuters) -Warren Buffett on Saturday used the annual meeting of Berkshire Hathaway Inc to rail against Wall Street excess and extol the virtues of cash after rapidly spending tens of billions on stock…
Russia says it hit 17 Ukrainian facilities, killed more than 200 troops
(Reuters) – Russia’s armed forces said they had hit 17 Ukrainian military facilities with high-precision missiles on Saturday and also destroyed a command post and a warehouse used to store rockets and artillery. In an online post, the defence ministry…
France gears up for May Day protests, in first test for newly reelected Macron
By Caroline Pailliez PARIS (Reuters) – Like quite a few on the left, 60-year-old nurse assistant Isabelle-Touria Boumhi says backing either Emmanuel Macron or Marine Le Pen in France’s presidential runoff last Sunday would have been choosing “between t…
UK lawmaker resigns after admitting twice watching porn in parliament
LONDON (Reuters) -A British lawmaker who had been suspended from Prime Minister Boris Johnson’s Conservative Party said on Saturday he had resigned after admitting he twice viewed pornography on his phone in the House of Commons “in a moment of madness…
France promises to increase military and humanitarian aid to Ukraine
PARIS (Reuters) – President Emmanuel Macron said France would step up military and humanitarian support to Ukraine during a phone call with Ukrainian President Volodymyr Zelenskiy on Saturday, Paris said. Macron reiterated his “strong concern” over Rus…