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Warren Buffett
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BYD to Launch World's First Pure Electric Sanitation Truck Lineup
Aug 25, 2016A grand ceremony was held at the Beijing Convention Center on August 18, 2016 to celebrate the partnership between BYD Company Ltd. and the Beijing Environmental Sanitation Engineering Group Ltd., and launch the world’s first pure ...
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3G Capital Partners Is in Talks to Acquire Kraft Foods Valued at More Than $40bn
Mar 27, 2015Brazilian private equity firm 3G Capital Partners is in talks to acquire American Food Company Kraft Foods, in a deal potentially valued at more than $40bn. According to people familiar with the matter, the private equity firm would ...
Tags: Kraft Foods, market, brands
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H.J. Heinz and Kraft Foods to Create The Kraft Heinz Company
Mar 26, 2015H.J. Heinz and Kraft Foods Group have announced that they have entered into a definitive merger agreement to create The Kraft Heinz Company. The merger will form the third largest food and beverage company in North America and the ...
Tags: Heinz, Merge, food and beverage company
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Berkshire Hathaway Has Completed The Acquisition of Van Tuyl Group
Mar 16, 2015US based multinational Berkshire Hathaway has completed the acquisition of Van Tuyl Group, a privately-held auto dealership chain. Following the deal, billionaire Warren Buffett owned company will create of Berkshire Hathaway Automotive ...
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BYD Aims to Triple Its Production of Batteries as It Takes on Tesla Motors in The Race
Mar 16, 2015Chinese automaker BYD Co, backed by Warren Buffett's Berkshire Hathaway Inc, aims to triple its production of batteries as it takes on Tesla Motors in the race to supply electric vehicles and boost energy storage. Shenzhen-based BYD plans ...
Tags: Chinese automaker, BYD, Tesla, Battery Factory
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Sensirion Entered Into a Global Distribution Agreement with Sensirion AG
Jan 15, 2015Sensirion, the Sensor Co. Mouser Electronics, Inc. announces that they have entered into a global distribution agreement with Sensirion AG. Mouser Electronics, Inc., a leading global distributor and developer’s top choice for ...
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3G Capital Partners Is Looking at Acquiring New Food and Beverage Firms
Jan 9, 2015Brazilian investment firm 3G Capital Partners is looking at acquiring new food and beverage firms, after investors pledged about $5bn to form a new takeover fund. The company is discussing the possibility of acquiring $14bn worth ...
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China Continues to Subsidize New-Energy Cars
Dec 31, 2014China will continue to subsidize new-energy cars through 2020 but plans to cut the subsidy gradually to foster market competition, according to a draft of the rules posted on the Ministry of Finance website Tuesday. The new policy is ...
Tags: New-Energy Cars, Transportation
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BYD Has Announced That Its Chairman Wang Chuanfu Has Bought Additional Shares
Dec 29, 2014Chinese carmaker BYD has announced that its chairman Wang Chuanfu has bought additional shares, raising his stake in the company to 23.1%. In a statement posted on the Shenzhen and Hong Kong stock exchanges, BYD said: "Wang Chuanfu, a ...
Tags: additional shares, Auto
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Actual Cigarette Butts Could End up Becoming Savvy Investments
Aug 15, 2014Warren Buffett popularized the notion of investing in "cigarette butt" stocks. That is, extracting one last "puff" of value out of discarded stocks trading below liquidation value. Well, get ready to put a new spin on the term. Based on ...
Tags: Electrical, Electronics, e Cigarettes, e-Cigarettes
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Warren Buffett Is Ready to Go All in on Solar and Wind
Jun 12, 2014Warren Buffett is ready to go all in on solar and wind regardless of what happens with federal subsidies. The investor guru and chairman of Berkshire Hathaway said the company will spend $15 billion on renewable energy in the United ...
Tags: Wind Power, Metallurgy, Mineral, Energy
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Two of Heinz's Manufacturing Sites in Europe Will Be Closed
Feb 28, 2014US-headquartered HJ Heinz plans to shut two of its manufacturing sites in Europe, a move which would lead to 350 job losses. Plant closures in Belgium and Germany are part of the company's efforts to improve its overall efficiency. The ...
Tags: Heinz, Manufacturing Sites
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Facebook Founder Gives Nearly $1 Billion of His Fortune to Charity
Feb 25, 2014Facebook founder and CEO Mark Zuckerberg was America's most generous donor in 2013, giving nearly $1 billion of his fortune to charity, according to a magazine report on Monday. The Chronicle of Philanthropy, which tracks charitable ...
Tags: Facebook, Zuckerberg, Donations, Warren Buffett
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HJ Heinz Plans a $28m Expansion Project at Its Frozen Food Production Facility in Masillon
Nov 21, 2013HJ Heinz, a US-based food manufacturer, plans a $28m expansion project at its frozen food production facility in Masillon, Ohio, which would add 249 jobs. The project comes on the heels of the company's announcement last week to close ...
Tags: Heinz, expansion project, Masillon, Ohio
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Benjamin Moore Announced The Appointment of Michael Searles as Chief Executive Officer
Oct 10, 2013Benjamin Moore & Co., a unit of Berkshire Hathaway, announced the appointment of Michael Searles as Chief Executive Officer. Searles brings forty years of retail leadership experience to Benjamin Moore. In his career, he has served as a ...
Tags: Benjamin Moore, Berkshire Hathaway