News about investment

Kerry unveils $4 bn Palestinian investment plan

US Secretary of State John Kerry unveiled Sunday a plan to boost the Palestinian economy by attracting $4 billion in private investment, saying it could transform the lives of the people.
27 May 2013 13:55

China car maker BYD reports profit plunge

Chinese electric car producer BYD, which is partly backed by US investment titan Warren Buffett, said its net profit plunged more than 94 percent year-on-year in 2012, hit by slowing growth in the country.
25 March 2013 14:22

Berkshire, 3G buy ketchup maker Heinz in $28bn deal

Billionaire Warren Buffett's investment powerhouse Berkshire Hathaway and Brazilian-led 3G Capital announced Thursday they would take over venerable US ketchup maker Heinz in a deal worth $28 billion.
15 February 2013 11:28

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