LEGAL

Buffett's Berkshire buys more Occidental shares, raises stake to around 16.4%

Buffett’s Berkshire buys more Occidental shares, raises stake to around 16.4%

Business / By

June 28 (Reuters) – Berkshire Hathaway Inc. (BRKa.N) Warren Buffett announced Monday that it has bought another 794,389 shares of Occidental Petroleum Corp. (OKSI.N), giving the conglomerate a nearly 16.4% stake in the Houston, Texas oil company. . The purchases were made in multiple transactions and cost about $ 44 million, Berkshire said in a …

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Credit Suisse found guilty in case of money laundering from cocaine

Business / By

Credit Suisse is the first large Swiss bank to face a criminal trial Former banker found guilty of qualified money laundering The bank plans to file an appeal BELINZONA, Switzerland, June 27 (Reuters) – The Swiss Federal Criminal Court on Monday convicted Credit Suisse (CSGN.S) of failing to prevent money laundering by a Bulgarian cocaine …

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Toyota pulls the first mass-produced EVs less than 2 months after launch

Toyota pulls the first mass-produced EVs less than 2 months after launch

Business / By

The all-electric Toyota SUV bZ4X 2023 was shown during the Los Angeles Motor Show 2021 in Los Angeles, California, USA, November 17, 2021. REUTERS / Mike Blake Register now for FREE unlimited access to Reuters.com Register TOKYO, June 23 (Reuters) – Toyota Motor Corp. (7203.T) announced on Thursday that it will withdraw 2,700 of its …

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