• Wed
  • Jul 23, 2014
  • Updated: 3:16pm

Berkshire Hathaway

Berkshire Hathaway is controlled by Warren Buffett, who is chairman and chief executive of the company which owns a range of companies, including GEICO and NetJets, a substantial stake in Heinz, and has stakes in American Express, Procter & Gamble and IBM. The company is noted for outperforming the stock market under the leadership of Buffett, a value investor.

Warren Buffett's Berkshire Hathaway buys US$3.5 billion of ExxonMobil shares

Warren Buffett’s Berkshire Hathaway disclosed on Thursday a new US$3.45 billion stake in ExxonMobil, after buying 40.1 million shares in the world’s largest publicly traded oil company.

Friday, 15 November, 2013, 11:51am

Buffett pays US$5.6b for Vegas utility

A Berkshire Hathaway unit will pay US$5.6 billion (HK$43.5 billion) for NV Energy, the electric utility serving Las Vegas and its power-hungry casinos, in yet another large energy deal for Warren Buffett in the western United States.

30 May 2013 - 1:28pm

China approves Warren Buffett's Heinz buy

After repeatedly criticising China's anti-monopoly regulator for its slowness in approving global M&A, I finally have to congratulate the Chinese Commerce Ministry for improving its record with the relatively fast approval of a major deal.

27 May 2013 - 11:20am

Buffettising friends is part of the star investor's brand

Given his cult-like following, critiquing Warren Buffett's investment approach takes a pinch of courage and a pound of stupidity. But that has never stopped me before … and it is a good time to look at Berkshire Hathaway, given that it held its annual general meeting earlier this month.

20 May 2013 - 3:45pm

US billionaire Warren Buffet optimistic on stocks

US billionaire Warren Buffet said the US economy is moving in the right direction and praised the policies of both president George W. Bush and Barack Obama as “the right things,” in an interview that aired late on Sunday.

6 May 2013 - 10:25am

BYD raises cash, junks traditional cars

Warren Buffett has remained faithful to Chinese car maker BYD, refusing to change his 10 per cent holdings in the company despite a rapid tumble as its bet on electric vehicles fails to take off.

22 Apr 2013 - 11:06am

Swiss Re to accept US$610m to end dispute with Warren Buffett

Swiss Re, one of the world’s biggest insurers, on Thursday said it had settled a dispute with billionaire Warren Buffett’s Berkshire Hathaway over a 2010 life retrocession deal, and would accept a settlement of US$610 million (HK$4.7 billion) from the US company.

28 Mar 2013 - 3:23pm

Warren Buffett's son Howard gets ready for lead role

Howard Buffett said following his billionaire father, Warren, as chairman of Berkshire Hathaway would require upholding practices that have been prized for decades as the company grew to US$240 billion in market value.

9 Feb 2013 - 4:51am

Boss trumpets career success

Albert Ellis, CEO of Harvey Nash, a top executive search, recruitment and outsourcing group with 40 offices worldwide, was a professional trumpet player for four years before going to the University of the Witwatersand in South Africa.

15 Aug 2012 - 11:23pm

PetroChina invests in Qatar natural gas project

PetroChina has agreed to acquire a 40 per cent interest in an oil and gas exploration project in Qatar, the latest in a string of overseas investment deals by Chinese state-backed oil and gas companies.

27 Jul 2012 - 12:00am