REUTERS: U.S. stocks were set to fall on Monday as a U.S.-Chinese spat about the origins of the coronavirus outbreak worsened while billionaire ...
REUTERS: U.S. stocks were set to fall on Monday as a U.S.-Chinese spat about the origins of the coronavirus outbreak worsened while billionaire Warren Buffett's admission he had dumped his airline shares crushed major U.S. carriers.
"I did not get the sense that he sees an enormous amount of opportunity out there right now, but is instead holding up a very high level of cash," he said. The S&P 500 index's 29per cent recovery from its March lows stands to be tested as investors weigh renewed U.S.-China tensions and the economic damage of the health crisis.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Warren Buffett: Berkshire has dumped its airline stocks, says 'world has changed' because of coronavirusBerkshire Hathaway has sold out of its entire interest in the airlines, worth at least US$4 billion. YFBuffett
Read more »
Australia: Shares extend losses on US-China tensions; Afterpay soars[BENGALURU] Australian shares fell nearly 1 per cent on Monday, extending the previous session's sell-off, as rising trade tensions between Washington and Beijing over the coronavirus outbreak dented sentiment. Read more at The Business Times.
Read more »
Berkshire sells entire stakes in U.S airlines: BuffettBerkshire Hathaway Inc has sold its entire stakes in the four largest U.S. airlines, Chairman Warren Buffett said Saturday at the company's ...
Read more »
Warren Buffett's Berkshire posts nearly US$50 billion loss as coronavirus causes painNEW YORK (REUTERS) - Warren Buffett's Berkshire Hathaway is being hit hard by the coronavirus pandemic, posting a record quarterly net loss of nearly US$50 billion (S$70 billion) on Saturday (May 2) and saying performance is suffering in several major operating businesses.. Read more at straitstimes.com.
Read more »
Berkshire sells entire stakes in US airlines: Warren BuffettBerkshire Hathaway has sold its entire stakes in the four largest U.S. airlines, chairman Warren Buffett said Saturday at the company's annual ...
Read more »
US airline shares tumble as Buffett stake riddance fuels investor worriesShares of the top four U.S. airlines dropped on Monday after billionaire investor Warren Buffett's Berkshire Hathaway said it offloaded its ...
Read more »