Berkshire Hathaway: Berkshire Hathaway's profit falls 28% as Geico struggles: Warren Buffett's insurance giant under focus

Berkshire Hathaway: Berkshire Hathaway’s profit falls 28% as Geico struggles: Warren Buffett’s insurance giant under focus

Berkshire Hathaway’s profit falls 28% Berkshire Hathaway reported a more than 28% decline in its third-quarter profit, with weaker performance at its insurance businesses and changes in the value of its investments weighing down the results.The conglomerate posted a profit of $22.1 billion, or $15,502 per Class A share, compared with $30.8 billion, or $21,413…

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Premium Airline Offerings: Airlines bet on premium travel as rising fuel costs squeeze profits

Premium Airline Offerings: Airlines bet on premium travel as rising fuel costs squeeze profits

Airlines turn to premium cabins, upgraded lounges to boost revenue amid fuel costs Airlines are expanding their premium offerings, from luxury seats and Michelin-starred chefs to upgraded airport lounges, as they bet on growing demand for more comfortable and personalised travel experiences.The strategy could further reduce the share of economy-class seats on many flights, with…

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Goldman Sachs: As AI stocks correct, Goldman Sachs sees opportunity in healthcare and non-AI equities

Goldman Sachs: As AI stocks correct, Goldman Sachs sees opportunity in healthcare and non-AI equities

The US midterm elections could accelerate the ongoing rotation in stock markets, with healthcare emerging as a potential defensive investment amid a correction in artificial intelligence (AI)-related stocks, according to Lou Miller, global head of custom basket trading at Goldman Sachs.Speaking on Goldman Sachs’ The Markets podcast, Miller said investors had already started moving towards…

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Wipro appoints Guha as Americas 2 CEO

Wipro appoints Guha as Americas 2 CEO

Angan Guha, president and CEO ofAmericas 2 Strategic Market at Wipro BENGALURU: Wipro has appointed Angan Guha as president and CEO of its Americas 2 Strategic Market Unit, effective Dec 8. He will report to Wipro CEO Srini Pallia and join the company’s executive leadership team. Guha will focus on strengthening Wipro’s business across banking,…

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Bosch Q2 revenue rises 28%, net up 19%

Bosch Q2 revenue rises 28%, net up 19%

BENGALURU: Bosch reported a 19% year-on-year increase in consolidated net profit at Rs 840 crore for the Sept quarter of FY27, driven by strong demand across automotive segments and the inclusion of Bosch Chassis Systems India in its consolidated results for the first time. Consolidated revenue from operations rose 28.2% to Rs 7,655 crore, compared…

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Pollution drives sales of air purifiers

Pollution drives sales of air purifiers

NEW DELHI: Sales of air purifiers are witnessing a sharp jump as pollution levels worsen across the country, even as the onset of winter spurs demand for other seasonal appliances including room heaters, geysers and electric kettles. Air-purifier sales on Amazon doubled over the past week alone, while those across e-commerce platforms grew 1.4 times…

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