Warren Buffett spent most of 2013 amassing fortunes of over £23million a day through investments into food manufacturing giants like Heinz
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Thursday 19 May 2011
Godfrey Bloom, the economist who is now the UKIP MEP for Yorkshire, has got himself worked up over the European Parliament's backing for new corporate governance rules requiring companies to do more to promote women to top jobs. "I feel it my duty to warn all my old City colleagues that amongst other proposals, special gender discrimination is on its way to City boards," he says. "So line up your token women everyone." It's fair to say the MEP has a little form on this issue, once telling an interviewer that "no self-respecting small businessman with a brain in the right place would ever employ a lady of child-bearing age".
Thursday 12 May 2011
One for the "you couldn't make it up" collection. Staff at Lloyds Banking Group have been feeling a little blue over the past few days – last Friday, the State-owned bank revealed it had plunged back into loss during the first three months of the year, mostly because of the staggering £3.2bn it was forced to put aside for the cost of compensating victims of payment protection insurance. Still, here's something to cheer them up. Guess who was yesterday named as Bank of the Year by the CBI and the Institute of Chartered Accountants. Step forward Lloyds Banking Group.
Monday 02 May 2011
Saturday 30 April 2011
Friday 29 April 2011
Outlook A month ago tomorrow, Warren Buffett, chief executive of Berkshire Hathaway and the world's most famous investor, issued a tersely worded statement. Mr Buffett announced the resignation of one of his most trusted lieutenants, David Sokol, as well as disclosing that Mr Sokol had owned shares in Lubrizol, a company he had recommended to his boss as a takeover candidate for Berkshire Hathaway – a tip that was acted upon. The resignation and the shareholding were unconnected, Mr Buffett said, insisting Mr Sokol had done nothing unlawful and adding that he would not utter another word on the topic.
Thursday 28 April 2011
Warren Buffett, the billionaire investment guru, sent a thunderous message to his chief lieutenants last night: deceive me and bring my company into disrepute and I will fire you, humiliate you and perhaps even pursue you in the courts.
Friday 22 April 2011
Wednesday 20 April 2011
Wednesday 20 April 2011
Regulators and rivals conspired to take a chunk out of Goldman Sachs profits in the first three months of this year.
Thursday 07 April 2011
Warren Buffett's sidekick?
Saturday 02 April 2011
Friday 01 April 2011
David Sokol, the man who had been expected to succeed Warren Buffett as head of Berkshire Hathaway, insisted that he did nothing illegal or unethical by buying shares in a chemicals company before recommending that the billionaire investor make a takeover bid.
Friday 01 April 2011
Outlook For a man renowned for his plain speaking and his dislike of corporate misbehaviour, the statement made by Warren Buffett on the resignation of his lieutenant Dave Sokol is remarkably opaque. The most disappointing paragraph of all in the three-page release issued by Berkshire Hathaway after the markets closed on Wednesday evening was the penultimate one. Mr Buffet said that since he had not held anything back, anyone asking about the Sokol affair in future would simply be referred back to the release.
Thursday 31 March 2011
Warren Buffett's Berkshire Hathaway was last night plunged into a succession crisis, after the billionaire's assumed successor quit in a share-trading scandal.
The Eagle, Kevin Macdonald, 114 Mins (12A) <br/> Limitless, Neil Burger, 99 Mins (15) <br/> Wake Wood, David Keating, 90 Mins (18)
Sunday 27 March 2011
EU referendum: David Cameron's rules are a 'democratic disgrace', says French-born Scottish politician set to be denied a vote
Migrants in Kos: Photos show real tragedy after Brits abroad complain of 'awkward' holidays
British tourists complain that impoverished boat migrants are making holidays 'awkward' in Kos
A nation of inequality: How the UK is failing to feed its most vulnerable people
Australian man punched in the face for defending Muslim women from abuse on train
EU referendum: David Cameron to deny EU migrants and under-18s the chance to vote
- 1 Engineer pictured fixing plane's engine with 'duct tape' by concerned EasyJet passenger
- 2 Two-year-old says goodbye to bin man best friend
- 4 There is something wrong but very right about this Bible illustration
- 5 Remove smartphones from the hands of under-18s and maybe they will grow up to be less dumb