It's somewhat ironic that protesters have arrived to complain about City greed at just the moment much of the City itself is making no money whatsoever. Even Goldman Sachs was due today to report a loss for the third quarter, and if Goldman isn't in the black, it's reasonable to guess that almost no one is.... more
Tesco chief executive Phil Clarke gets a vote of confidence from a key shareholder - Warren Buffett is upping his stake in the supermarket giant... more
If I were a tax-avoiding multimillionaire, I would look out of the Hyde Park penthouse that I was only allowed to live in 90 days a year and feel embarrassed... more
Investor Warren Buffett has donated another $1.78 billion to several charities, with the bulk going to the Bill & Melinda Gates Foundation, as part of his plan begun in 2006 to donate 99 percent of his wealth... more
A top executive of Berkshire Hathaway who was believed to be on the inside track to one day succeed billionaire Warren Buffett as CEO has resigned suddenly... more
So, Xchanging ends up with egg all over its Boat Race (geddit?) with a thumping £112 million of impairments, the departure of the chief executive and a share collapse of more than 50%... more
Swiss Re, the world’s second-biggest reinsurer, says it is confident it will be able to repay the loan it took from billionaire Warren Buffett as business improved in the first quarter... more
“We got past Pearl Harbor, we will win the war, and it's going slightly our way,” was how investment guru Warren Buffett is describing the economic fightback... more
Investment: Warren Buffett's Berkshire Hathaway has slashed its holdings in healthcare products maker Johnson & Johnson and consumer products giant Procter & Gamble... more
Warren Buffett, America's most successful investor, is a man of clear vision. I know this because I once got hopelessly lost at Bill Gates's house looking for the loo and bumped into Mr Buffett, who pointed me in the right direction... more
Finance: Billionaire investor Warren Buffett has seen the instant paper profits he made on General Electric and Goldman Sachs shredded as the market continues to slide... more
Gordon Brown is engaged in a dizzying high-wire act. He's weighing up whether to guarantee all UK bank deposits as a slew of other governments have done or he could take shares in the banks in the hope recapitalisation will provide the boost banks need... more
Goldman Sachs' top four executives will have to hold on to 90% of the shares they own in the firm as part of the deal to raise money from Warren Buffett's Berkshire Hathaway... more
People sometimes ask whether the City today is a more honest place than it was 20 years ago. The answer is probably no, but the nature of the lapses has changed... more
One is America’s richest man who still lives in the house he bought for $31,000 in 1958. The other is an investment chief who started selling clothes as a teenager. Here, we tell the story of the deal they’ve done to safeguard Goldman Sachs... more
Shares in Warren Buffett's Berkshire Hathaway have fallen almost 20% so far this year. The Standard & Poor's 500 index fell 15% in the same period... more
While Britain will be lucky to see growth of 1.5% this year, data from the European Commission's Eurostat suggests the eurozone is buzzing at about 2.2%... more
Whether or not the nationalisation of Northern Rock turns out to be a good idea or a financial disaster hinges very much on what is going to happen to house prices. If they plunge and the bank's bad debts soar, the losses will be huge. If stability returns, the current slowdown will not matter too much because Rock will be able to trade its way through, although it will have to shrink a bit... more
Exclusive: After high-profile allegations this season, Charlton's manager is pleased the issue is now being addressed but says the authorities still have plenty of work to do
Morning:
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