Buffett says Apple is Berkshire portfolio’s best business

[ad_1] OMAHA/NEW YORK May 6 (Reuters) – Warren Buffett said on Saturday that Apple Inc (AAPL.O) is a better business than any other in Berkshire Hathaway Inc’s (BRKa.N) portfolio. “Apple…

Exclusive: Subway comes up with debt plan to clinch $10 billion-plus sale

[ad_1] NEW YORK, April 30 (Reuters) – The bankers running the sale process for Subway have given the private equity firms vying for the sandwich chain a $5 billion acquisition…

AerCap-GECAS deal may hurt aircraft market competition – IATA

[ad_1] PARIS, March 17 (Reuters) – Aircraft leasing giant AerCap’s (AER.N) acquisition of rival GECAS will reduce competition in the aircraft market, the head of global airline industry body IATA…

3M to cut 6,000 positions globally to improve cash flow

[ad_1] April 25 (Reuters) – 3M Co (MMM.N) said on Tuesday it would cut about 6,000 positions globally as the U.S. industrial conglomerate looks to focus on high-growth businesses, including…

GE alleges Siemens Energy used stolen trade secrets to rig contract bids

[ad_1] NEW YORK, Jan 14 (Reuters) – General Electric Co (GE.N) accused a Siemens Energy AG (ENR1n.DE) subsidiary of using stolen trade secrets to rig bids for lucrative contracts supplying…

US STOCKS Wall St tumbles after J&J vaccine data, GameStop effect weighs

[ad_1] NEW YORK, Jan 29 (Reuters) – U.S. stock indexes slumped on Friday as investors gauged the efficacy data of Johnson & Johnson’s COVID-19 vaccine, while a standoff between Wall…

Sweden sends diving vessel to probe leaking Nord Stream pipelines

[ad_1] Europe investigates ruptured Russian pipelines Kremlin again suggests West responsible for damage West, Russia locked in energy standoff Britain faces risk of gas shortages STOCKHOLM/OSLO, Oct 3 (Reuters) –…

Mainstream Renewable Power and Siemens bid in ScotWind leasing round

[ad_1] LONDON, July 30 (Reuters) – Renewable energy developer Mainstream Renewable Power and Siemens Financial Services (SIEGn.DE) said on Friday they jointly bid to build offshore wind capacity in the…

India’s commerce minister faces heat for criticism of businesses including Tata

[ad_1] NEW DELHI, Aug 14 (Reuters) – India’s commerce minister faced heat on social media on Saturday for his remarks that many big domestic businesses had overlooked national interests and…

US business equipment borrowings grow 11% in February – ELFA

[ad_1] March 22 (Reuters) – U.S. companies borrowed 11% more in February than last year to finance equipment investments, industry body Equipment Leasing and Finance Association (ELFA) said on Wednesday.…