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February 27, 2020

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Reuters - Business

Buffett’s Berkshire buys Kroger and Biogen, reduces Wells Fargo and Goldman stakes

Reuters
by Reuters017
(Reuters) – Warren Buffett’s Berkshire Hathaway Inc on Friday said it has taken a $549.1 million stake in Kroger Co, investing in the largest U.S. supermarket chain as smaller rivals struggle. FILE PHOTO – Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from......
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Reuters - Business

Global FDI dips, hit by Hong Kong divestment, Brexit: U.N.

Reuters
by Reuters012
GENEVA (Reuters) – Global direct foreign investment (FDI) dipped slightly around the world last year, hit by massive divestment in Hong Kong and a drop in flows into Britain due to Brexit uncertainty, the United Nations said on Monday. FILE PHOTO: Euro, Hong Kong dollar, U.S. dollar, Japanese yen, pound......
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Reuters - Business

Climate change pushes investors to take their temperature

Reuters
by Reuters018
LONDON (Reuters) – Move over revenue growth and dividend payouts: it’s time to take your portfolio’s temperature. FILE PHOTO: People are silhouetted against the setting sun at “El Mirador de la Alemana” (The viewpoint of the German), as the summer’s second heatwave hits Spain, in Malaga, southern Spain July 24,......
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Reuters - Business

Toyota completes $1.3 billion modernization project at Indiana facility

Reuters
by Reuters012
FILE PHOTO: A Toyota logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Pierre Albouy/File Photo (Reuters) – Toyota Motor Corp (7203.T) said on Friday it had invested an additional $700 million and added 150 new jobs to complete a $1.3 billion modernization......
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Reuters - Business

U.S. clean energy investment hits new record despite Trump administration views

Reuters
by Reuters012
LONDON (Reuters) – Clean energy investment in the United States surged to a fresh record of $55.5 billion last year, despite the government’s attempts to roll back supportive policies, a report showed on Thursday. FILE PHOTO: File photo: A wind farm is shown in Mojave, California, U.S., Nov 8, 2019.......
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Reuters - Business

Hyundai, Kia invest $110 million in UK electric van startup Arrival Ltd

Reuters
by Reuters020
(Reuters) – Korea’s Hyundai Group is backing a UK electric vehicle startup that plans to begin selling battery-powered delivery vans in 2021, the companies said on Thursday. FILE PHOTO:Employees of Hyundai Motor Group leave after the company’s new year ceremony in Seoul, South Korea, January 2, 2020. REUTERS/Kim Hong-Ji Hyundai......
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Environment

BlackRock Will Put Climate Change at Center of Investment Strategy

@BreaknNews
by @BreaknNews014
Laurence D. Fink, the founder and chief executive of BlackRock, plans to announce Tuesday that his firm will make investment decisions with environmental sustainability as a core goal. BlackRock is the largest in its field, with nearly $7 trillion under management, and this move will fundamentally shift its investing policy......
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Property

Senior Housing Market Swells With Investment Potential – Real_Estate

@BreaknNews
by @BreaknNews018
(NewsUSA) – America’s elderly are one of the fastest-growing segments of the population. As a group, senior citizens over age 85 are expected to double between now and 2030. While people are wondering what Social Security will look like in the coming years, senior housing is another rising concern. Some......
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