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 t...

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...

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...

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 pa...

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. ...

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 po...

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. ...

Japan urges G20 members with fiscal scope to boost spending

Japan called on G20 countries with fiscal space to ramp up spending to help the global economy weather risks, including the fallout from the coronavirus outbreak, Finance Minister Taro Aso said on ...

The ECB wants to talk to you about inflation. But will it listen?

For many people, the language of European Central Bank policymakers is so impenetrable, it could be beamed from another planet. ...

Encryption on Facebook, Google, others threatened by planned new bill

U.S. legislation will be introduced in the coming weeks that could hurt technology companies' ability to offer end-to-end encryption, two sources with knowledge of the matter said, and it aims to c...