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Samsung Electronics confirms coronavirus case at phone factory complex in South Korea

Samsung Electronics said on Saturday that one coronavirus case had been confirmed at its mobile device factory complex in the southeastern city of Gumi, causing a shutdown of its entire facility there until Monday morning.


Saturday, February 22, 2020
Buffett defends Berkshire stock push, reassures on future as profit smashes record

Warren Buffett on Saturday forcefully defended Berkshire Hathaway Inc's decision to invest heavily in stocks of companies such as Apple Inc as he labors through a four-year drought since his last major acquisition of a company.


Saturday, February 22, 2020
Rising stocks fuel record profit for Buffett's Berkshire; operating profit disappoints

Warren Buffett's Berkshire Hathaway Inc on Saturday posted a 23% decrease in quarterly operating profit, while soaring prices in stock holdings such as Apple Inc enabled the conglomerate to smash its old record for full-year earnings.


Saturday, February 22, 2020
Buffett calls for more accountability for corporate directors

Warren Buffett on Saturday called on corporate America to make their boards of directors more accountable to shareholders and less beholden to chief executive officers, perhaps by reducing their pay and requiring that they buy more stock.


Saturday, February 22, 2020
Let's come together to tax tech giants, say G20 officials eyeing $100 billion boost

Leading world economies must show unity in dealing with aggressive "tax optimization" by global digital giants like Google , Amazon and Facebook , G20 officials said on Saturday.


Saturday, February 22, 2020
G20 sees need to coordinate coronavirus response as IMF trims growth forecasts

The world's top economies called on Saturday for a coordinated response to the coronavirus outbreak, which the IMF predicted would lower China's growth this year to 5.6% and shave 0.1 percentage points from global growth.


Saturday, February 22, 2020
Honda's Philippine unit to close auto production plant

The Philippine unit of Honda Motor Co Ltd said on Saturday its production facility will shut down next month, as the Japanese automaker struggles to shore up global automobile operations.


Saturday, February 22, 2020
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