Warren Buffett’s Berkshire Hathaway loses $4.3 billion in single day on Kraft Heinz plunge
Kraft is Berkshire’s sixth-largest holding behind Apple, a few banks and Coca-Cola.
Trump to meet with Chinese Vice Premier Liu He as China-US trade talks wrap up
President Trump is scheduled to meet with Chinese Vice Premier Liu He on Friday as China and the U.S. end another week of trade talks.
Elon Musk is ‘almost unethical,’ says outgoing AutoNation CEO
Tesla CEO Elon Musk is “overpromising” on autonomous vehicles, AutoNation CEO Mike Jackson says.
BMW and Daimler invest €1bn in new car venture
The German carmakers combine to develop next-generation pay-per-use and autonomous services.
Honda: Delegation to lobby firm’s Japan HQ against closure
Swindon Borough Council and Honda workers debate idea to send delegation to Japan to lobby against factory closure.
Forget bitcoin, cannabis is the place to go, says US wealth advisor
Cannabis stocks are the next huge growth area and wont collapse like cryptocurrencies says one wealth adviser.
Daimler and BMW announce $1.1 billion partnership in a bid to take on Uber
The German auto makers want to link up urban transport around the world using autonomous cars and app-based services.
Cathedral City maker Dairy Crest to be bought by Saputo
Dairy Crest, whose brands also include Country Life, agrees to be taken over by Canadian firm Saputo.
Flybe signs Virgin deal despite criticism
Airline agrees £2.8m deal with a Virgin Atlantic-led group despite shareholder opposition.
Venezuela’s Maduro closes border with Brazil, says Colombia crossings could be next
President Nicolas Maduro has announced the closure of Venezuela’s border crossings with Brazil, as part of a sustained bid to prevent humanitarian aid flowing into the country.