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  • SEOUL, May 1- South Korean exports fell at a faster pace in April than March in annual terms as fewer working days ate into shipments already suffering from weak global demand and low global commodity prices, government data showed on Sunday. Preliminary data showed April's exports slid 11.2 percent down from a year earlier to $41.05 billion, while imports also...

  • SEOUL, May 1- Following are South Korea's preliminary export and import figures for April, released by the Ministry of Trade, Industry and Energy on Sunday:. APRIL* MARCH Balance 8.8 9.9 Exports 41.0 43.0 -11.2 -8.1 Imports 32.2 33.2 -14.9 -13.9* Revised figures released on April 15. NOTES:- Reuters poll: Exports were seen down 11.0 percent in April over a year earlier...

  • The National Federation of the Blind said Saturday that Uber will also remove a driver from the platform after a single complaint if it determines the driver knowingly denied a person with a disability a ride because the person was traveling with a service animal. "Access to reliable and effective transportation is critical to the ability of blind people to...

  • April 30- Warren Buffett nibbled on sweets during his presentation to shareholders on Saturday but he took a bite out of hedge fund managers. "There's been far, far, far more money made by people in Wall Street through salesmanship abilities than through investment abilities," Buffett said, citing a simple Vanguard Group index fund that tracks the S&P 500 index of...

  • OMAHA, Neb., April 30- Warren Buffett said on Saturday that Berkshire Hathaway Inc is poised to do well no matter who wins the White House in November, and the billionaire investor defended the performance and tactics of the conglomerate's several large investments. Buffett, a staunch supporter of Democrat Hillary Clinton for president, was asked about the...

  • NEW YORK, April 30- Warren Buffett and Charlie Munger made clear that they are no fans of embattled drugmaker Valeant Pharmaceuticals International Inc. Buffett responded to a question about whether he agreed with his right-hand man, Charlie Munger, who last year called Valeant's core strategy of buying smaller pharmacies and then raising prices of their...

  • NEW YORK, April 30- Warren Buffett and Charlie Munger made clear that they are no fans of embattled drugmaker Valeant Pharmaceuticals International Inc. Buffett responded to a question about whether he agreed with his right-hand man, Charlie Munger, who last year called Valeant's core strategy of buying smaller pharmacies and then raising prices of their...

  • OMAHA, Neb., April 30- Warren Buffett on Saturday said the odds were "extremely high" that his Berkshire Hathaway Inc would buy back "a lot" of its stock if the price fell below 1.2 times book value, a level it recently approached. Speaking at Berkshire's annual shareholder meeting in Omaha, Nebraska, Buffett also said he would consider raising the threshold "a little" if...

  • RPT-BUFFETT SAYS ODDS ARE "EXTREMELY HIGH" BERKSHIRE WILL BUY BACK A LOT OF STOCK IF PRICE FALLS BELOW 1.2 TIMES BOOK VALUE.

  • RPT-WARREN BUFFETT SAYS DOESN'T THINK BERKSHIRE HATHAWAY INC SHARE PRICE FELL LOW ENOUGH IN RECENT DROP TO WARRANT BUYBACK.

  • TRIPOLI, April 30- A tanker that Libya's rival eastern government had been using to try to export oil in defiance of the Western-backed administration in Tripoli returned to the country on Saturday, after it was blacklisted by the United Nations, the state oil company said. Two competing governments, one in Tripoli and one in the east, backed by armed factions have...

  • OMAHA, Neb.— Berkshire Hathaway's first-quarter profit grew 8 percent largely because of the way it had to account for its Duracell acquisition on paper, but profits fell at its BNSF railroad and at its insurance units. Berkshire earned $5.589 billion, or about $3,400.89 per Class A share. During the first quarter, Berkshire traded roughly $3.8 billion worth of...

  • TORONTO, April 30- The Canadian government is eager to consider joining the pension fund Caisse de depot et placement du Quebec in investing in a new public transport light rail network in Montreal, the third-largest of its kind in the world, Prime Minister Justin Trudeau said on Saturday. Speaking at a Liberal convention in Montreal, Trudeau told reporters he...

  • GIBRALTAR— Gibraltar's authorities have joined air-travel industry leaders in calling for the small British territory on Spain's southwestern tip to be included in the European Union's laws governing European aviation. Joseph Garcia, Gibraltar's Civil Aviation Minister, says Saturday that Gibraltar is legally entitled to inclusion "by virtue of our...

  • OMAHA, Neb., April 30- Warren Buffett on Saturday defended several of Berkshire Hathaway Inc's larger or struggling investments, including Coca-Cola and the BNSF railroad. Speaking at Berkshire's annual shareholder meeting in Omaha, Nebraska, Buffett also said overall first-quarter operating profit probably fell 12 percent to $3.73 billion from $4.24...

  • April 29- A U.S. federal jury found former Immunosyn Corp Chief Executive Stephen Ferrone liable on Friday on charges of fraudulently misleading investors, U.S. securities regulators said. "We are pleased with the jury's finding that Stephen Ferrone defrauded Immunosyn's investors with misleading statements in the company's filings and press releases and...

  • OMAHA, Neb., April 30- Warren Buffett on Saturday vigorously defended Berkshire Hathaway Inc's large, long-standing investment in Coca-Cola Co, rejecting critics who say the company's sugary drinks harm people's health. Speaking at Berkshire's annual shareholder meeting in Omaha, Nebraska, Buffett said it seemed "spurious" to argue that calories from Coke...

  • NEW YORK— Nearly 4 million Nissan cars are being recalled due to major safety problems where passenger air bags or seat belts could fail in a crash, leading to serious injuries or fatalities. The Nissan problems are unrelated to the other air bag issues. Nissan will notify owners of the problem and offer to fix it for free, however no schedule has yet been provided...

  • OMAHA, Neb., April 30- Warren Buffett on Saturday said preliminary first-quarter profit at his Berkshire Hathaway Inc fell about 12 percent, hurt by weaker performance in its railroad and insurance operations. Quarterly operating profit for the Omaha, Nebraska- based insurance and investment conglomerate probably fell to $3.73 billion from $4.24 billion.

  • OMAHA, Neb.— The Latest on Berkshire Hathaway's annual shareholders meeting, where tens of thousands of people have listened to CEO Warren Buffett and Vice Chairman Charlie Munger talk business for several hours:. Berkshire Hathaway shareholders have overwhelmingly rejected a resolution calling for the company to write a report about the risks climate...