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| Buffett’s Berkshire posts US$35.5bil profit, buys back more stock |
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Posted by: superadmin - 05-07-2023, 07:06 AM - Forum: Business, Economy and Investment
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OMAHA: Warren Buffett’s Berkshire Hathaway Inc posted a US$35.5 billion first quarter profit today, reflecting gains from stocks such as Apple Inc, while higher investment income and a rebound at car insurer Geico bolstered operating results.
Berkshire also sped up repurchases of its own stock, buying back US$4.4 billion, while paring its investments in other stocks such as Chevron Corp, which is still a major holding.
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| COVID no longer a global health emergency: WHO |
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Posted by: superadmin - 05-06-2023, 03:02 PM - Forum: Covid-19 Pandemic
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The World Health Organization on Friday announced that COVID-19 is no longer a global emergency, marking a symbolic end to the pandemic, which has taken 7 million lives around the world. The move is deemed a natural one given the current stable situation.
"It's with great hope that I declare COVID-19 over as a global health emergency," WHO Director-General Tedros Adhanom Ghebreyesus said on Friday while noting that this "does not mean COVID-19 is over as a global health threat," as some regions, including Southeast Asia and the Middle East are seeing spikes in cases.
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| Proton sells 9,415 vehicles in April |
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Posted by: superadmin - 05-06-2023, 10:40 AM - Forum: Business. Economy and Investment
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PETALING JAYA: Proton Holdings Bhd sold 9,415 units of vehicles in April 2023, up 6.5% over the same month a year before, despite a shortened sales and production month owing to the Hari Raya Aidilfitri holiday period.
In a statement today, the national carmaker said it is the only top-five-ranked brand to grow sales in April, thus, bringing its total sales for the first four months to 49,702 units or a growth of 39.8% over the same period last year.
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| Rumours abound over sacking of PMO’s media director Wan Nurzila |
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Posted by: superadmin - 05-05-2023, 08:24 AM - Forum: Politics
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SPECULATIONS are rife that Prime Minister (PM) Datuk Seri Anwar Ibrahim may have to reshuffle his communications machinery ahead of the upcoming state polls following “a 24-hour termination notice” served on the PM’s Media and Strategic Communications Division director Datuk Wan Nurzila Abd Rahman on Wednesday (May 3).
According to sources cited by Malay news portal Suara TV, Wan Nurzila was ‘dismissed’ following a crisis between several communication factions within the PM’s machinery which led “to the ineffectiveness of the Malaysia Madani campaign”.
“PM Anwar is now facing criticism from the people following the confusion of policies and an unconvincing approach in implementing policies for the country,” reported SuaraTV.
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![[Image: Warren-Buffet-Berkshire-Hathaway-020520-AP.jpg]](https://media.freemalaysiatoday.com/wp-content/uploads/2020/05/Warren-Buffet-Berkshire-Hathaway-020520-AP.jpg)
![[Image: feb0f285-34fe-486e-88db-32cfe0adbb0a.jpeg]](https://www.globaltimes.cn/Portals/0/attachment/2022/2022-09-13/feb0f285-34fe-486e-88db-32cfe0adbb0a.jpeg)
![[Image: c4feeb1e-proton-x50-bernama-new-050523.jpg]](https://media.freemalaysiatoday.com/wp-content/uploads/2023/05/c4feeb1e-proton-x50-bernama-new-050523.jpg)
![[Image: PMO-2.png]](https://focusmalaysia.my/wp-content/uploads/PMO-2.png)
