[ad_1] (Reuters) – Charlie Munger, the longtime business partner of Warren Buffett at Berkshire Hathaway Inc, on Thursday criticized active fund managers, bankers and even Elon Musk as he urged investors to court simplicity and
Israeli software firm DriveNets raises $110 million in first funding round
[ad_1] TEL AVIV (Reuters) – Israeli networking software company DriveNets said on Thursday it raised $110 million in its first round of financing led by Bessemer Venture Partners and Israel’s Pitango Growth, with the participation
Amazon pulls plug on New York City headquarters
[ad_1] (Reuters) – Amazon.com Inc abruptly scrapped plans to build a headquarters in New York after opposition from local politicians and some of its would-be neighbours, the third most-valuable public U.S. company said on Thursday.
Gold rises as weak U.S. economic data drags dollar
[ad_1] (Reuters) – Gold prices rose on Thursday as the dollar fell on weak economic data from the United States, which bolstered expectations the Federal Reserve would stick to its dovish stance on monetary policy.
Amazon will abandon plans to build HQ2 in New York
[ad_1] FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, August 8, 2018. REUTERS/Pascal Rossignol/File Photo (Reuters) – Amazon.com Inc said Thursday it will not move forward with
Global Markets: Fall in U.S. retail sales erases world stock market rally
[ad_1] NEW YORK (Reuters) – The steepest decline in U.S. retail sales since 2009 in December erased broad gains in world stock markets on Thursday and pushed investors into the safety of government bonds. Traders
U.S., India seek to boost trade ties in energy, defence
[ad_1] NEW DELHI (Reuters) – The United States and India plan to boost bilateral trade in energy, aerospace, defence, pharmaceuticals and healthcare as part of a continuing commercial dialogue, officials from both governments said on
Asia Rice: Prices languish as top exporters harvest, demand stalls
[ad_1] (Reuters) – Rice export prices fell in top Asian hubs this week on slow demand and rising supply following a quiet start to the year, while limited interest from the Philippines failed to spur
Gold steadies as investors seek clarity on U.S.-China trade talks
[ad_1] (Reuters) – Gold was little changed on Thursday as investors awaited clarity on trade talks between Washington and Beijing and the risk of another U.S. government shutdown, with a strong dollar and stock markets
Jet Airways board approves lenders’ rescue package
[ad_1] FILE PHOTO – A Jet Airways passenger aircraft prepares to land at the airport in the western Indian city of Ahmedabad August 12, 2013. REUTERS/Amit Dave/File Photo NEW DELHI/BENGALURU (Reuters) – Jet Airways Ltd