Saturday, April 30, 2022

Financial Post

Financial Post


EU to Propose Phasing Out Russian Oil by the End of the Year

Posted: 30 Apr 2022 05:23 AM PDT

By Alberto Nardelli and Nikos Chrysoloras Read More

Warren Buffett’s Berkshire all-day meeting to kick off in Omaha

Posted: 30 Apr 2022 05:22 AM PDT

OMAHA -- Warren Buffett's Berkshire Hathaway Inc holds its hotly-anticipated annual shareholder meeting in person on Saturday for the first time since before the pandemic, where shareholders will have the chance to quiz the so-called 'Oracle of Omaha' on everything from corporate governance, potential new investments and Buffett's views on the economy. Read More

India’s Vedanta in talks to raise up to $3 billion debt in semiconductors push

Posted: 30 Apr 2022 04:51 AM PDT

BENGALURU -- India's Vedanta is in talks with banks to raise debt of $2.5 billion-$3 billion to bolster its semiconductor and display manufacturing plans as it races to become the country's first chipmaker, a senior company official told Reuters on Saturday. Read More

Russia Will Quit International Space Station Over Sanctions

Posted: 30 Apr 2022 04:40 AM PDT

Bloomberg News Read More

Ukraine says Russia pounding Donbas, failing to take targets

Posted: 30 Apr 2022 04:14 AM PDT

KYIV -- Russian forces pounded Ukraine's eastern Donbas region on Saturday but failed to capture three target areas, Ukraine's military said, while Moscow said Western sanctions on Russia and arms shipments to Ukraine were impeding peace negotiations. Read More

India’s Vedanta in talks to raise up to $3 bln debt in semiconductors push

Posted: 30 Apr 2022 04:04 AM PDT

BENGALURU -- India's Vedanta is in talks with banks to raise debt of $2.5-$3 billion to bolster its semiconductor and display manufacturing plans, as it races to become the country's first chipmaker, a top company official told Reuters on Saturday. Read More

India seizes $725 million in Xiaomi assets over illegal remittances

Posted: 30 Apr 2022 03:57 AM PDT

NEW DELHI -- India said on Saturday it had seized $725 million from the local bank accounts of China's Xiaomi Corp after a probe found the smartphone maker had made illegal remittances to foreign entities by passing them off as royalty payments. Read More

Shanghai marks COVID milestone, Beijing on edge

Posted: 30 Apr 2022 03:44 AM PDT

SHANGHAI/BEIJING -- Shanghai said on Saturday it had detected no new daily COVID-19 cases outside quarantine areas, marking a milestone in its battle to contain the virus, which has paralyzed the city of 25 million and put residents in the capital Beijing on edge. Read More

Almost Half of Brits Find It Hard to Pay Their Energy Bills

Posted: 30 Apr 2022 03:39 AM PDT

By Colin Keatinge Read More

India says it seizes $725 mln of Xiaomi funds over illegal remittances

Posted: 30 Apr 2022 03:33 AM PDT

NEW DELHI -- India said on Saturday it had seized $725 million from the local bank accounts of China's Xiaomi Corp after a probe found the smartphone maker had made illegal remittances to foreign entities by passing them off as royalty payments. Read More

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