Berkshire Hathaway’s profit falls 28% Berkshire Hathaway reported a more than 28% decline in its third-quarter profit, with weaker performance at its insurance businesses and changes in the value of its investments weighing down the results.The conglomerate posted a profit of $22.1 billion, or $15,502 per Class A share, compared with $30.8 billion, or $21,413…
India-UK Free Trade Agreement (FTA) NEW DELHI: The British High Commission in India marked Diwali by highlighting the landmark India-UK Free Trade Agreement (FTA), saying the deal has given the two countries more reasons to celebrate and expressing optimism about the future of their partnership.In a post on X, the High Commission said this year’s…
Coca-Cola’s India bottling arm files IPO papers NEW DELHI: The Coca-Cola Company’s Indian bottling business, Hindustan Coca-Cola Holdings Ltd (HCCH), has initiated the process for a stock market listing by filing its draft IPO papers with the Securities and Exchange Board of India (Sebi).The proposed initial public offering (IPO) will involve the sale of up…
The US midterm elections could accelerate the ongoing rotation in stock markets, with healthcare emerging as a potential defensive investment amid a correction in artificial intelligence (AI)-related stocks, according to Lou Miller, global head of custom basket trading at Goldman Sachs.Speaking on Goldman Sachs’ The Markets podcast, Miller said investors had already started moving towards…
Why is Elon Musk pulling the plug on Tesla’s Cybertruck Tesla’s Cybertruck arrived with big ambitions, a futuristic design and Elon Musk‘s backing.Now, it is bidding adieu.The high-tech pickup was meant to shake up the automobile industry, but its journey is coming to an end. Musk announced on Friday that Tesla would wind down Cybertruck…
Muhurat trading 2026 – Check stocks to buy in Samvat 2083 NEW DELHI: Diwali season is a holiday for most, but Dalal Street refuses to let the festive mood go to waste!For one special hour, the trading terminals light up and investors get a shot at starting the new year with a good ‘Muhurat.’That is…
Indian equities headed into Diwali with a second straight weekly gain, powered by cheaper crude amid rising hopes of an end to the Iran war following US President Donald Trump’s midterm election setback, and renewed foreign buying, even as a sell-off in technology stocks battered several overseas markets. The Nifty and Sensex rose nearly 9%…
AI generated image, used only for representational purpose Stuck at a desk while the rest of the world is busy celebrating may not be the ideal Diwali plan. However, companies are rolling out a range of festive perks to make sure their employees don’t miss out on the celebrations.From longer weekends and work-from-home options to…
Noel Tata will step down as Voltas chairman on November 11 and take over as chairman emeritus from November 12 Voltas is set for a leadership change, with Sunil Alaric D’Souza set to take over as Chairman from November 12 following Noel N Tata’s retirement from the board upon attaining the age of 70, in…
Volkswagen is considering making its first American pickup in 40 years. Nissan is promising more rugged SUVs. And Detroit is racing to maintain its high margins in the heartland. caption The U.S. is emerging as the last true profit engine for the world’s carmakers—and the auto industry is scrambling to compete. “My top three priorities…
