By Jonathan Stempel (Reuters) – Warren Buffett’s Berkshire Hathaway Inc <BRKa.N> on Saturday posted a 23% decrease in quarterly operating profit, while soaring prices in stock holdings such as Apple Inc <AAPL.O> enabled the conglomerate to smash its old record for full-year earnings. In his annual letter to Berkshire shareholders, Buffett defended Berkshire’s foray into […]
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FRANKFURT (Reuters) – Bank lending to euro zone companies dropped to a two-year low last month while household lending expanded to a post-financial-crisis high, suggesting a widening rift in the bloc’s economy, European Central Bank data showed on Wednesday. Many companies in the euro zone are struggling with plunging trade and a manufacturing recession, but […]
