Duracell a “brilliant move” for Berkshire, analyst says  Photograph: Bloomberg

Warren Buffett’s Berkshire Hathaway said it would buy Procter & Gamble’s Duracell battery unit in a stock swap, taking over a business the billion(...)

Planet Business

Image of the week: Hard Times Tavern Bitter about the budget? Water charges leaving a nasty taste in your mouth? A drink or several at the Hard(...)

Milestone Aviation prospered on the trend towards more marginal locations in exploration industries.

It looks like Richard T Santulli has done it again. Some 30 years ago the US entrepreneur pioneered the concept of time-share or “fractional” leasing(...)

Warren Buffett has admitted his Tesco investment was an error

Billionaire investor Warren Buffett said his investment in Tesco Plc was a “huge mistake,” as the supermarket leader’s share price remains close to a(...)

A policeman works in heavy smog in Harbin, in northeast China’s Heilongjiang province. Photograph: STR/AFP/Getty Images

Breakneck economic growth and widescale urbanisation of recent years has transformed China into the world’s biggest emitter of greenhouse gases, and c(...)

Wang Chuanfu, chairman of BYD, a Chinese electric-car maker partially owned by Warren Buffett’s Berkshire Hathaway, described the  recently introduced  beneficial policies for EVs as “unprecedented”. Photograph: Brent Lewin/Bloomberg

China is considering providing 100 billion yuan (€412 billion) in government funding to build electric-vehicle (EV) charging facilities and spur deman(...)

Berkshire Hathaway chief executive Warren Buffett.  Photograph: Reuters/Rick Wilking

Warren Buffett has defended his involvement in a controversial tax inversion deal that will transfer Burger King’s headquarters to Canada as part o(...)

Burger King Worldwide plans to buy Canadian coffee and doughnut chain Tim Hortons in a deal worth €8.74 billion in cash and stock. Photograph: AP Photo/The Canadian Press, Sean Kilpatrick
Burger King eyes up Tim Hortons

Burger King Worldwide plans to buy Canadian coffee and doughnut chain Tim Hortons in a C$12.64 billion (€8.74 billion) cash-and-stock deal that would (...)

Robert Shiller’s recent New York Times piece on the “mystery of lofty stock market elevations” does not impress bulls. Photograph: Jessica Hill/AP
Stocktake

US stocks are at levels that have preceded past market crashes, Nobel economist Robert Shiller is warning. Shiller famously used his cyclically(...)

Following the restructuring of the Heinz European business model, all Irish-produced goods are sold directly to a supply chain hub in the Netherlands at cost price plus an agreed margin. Photograph:  Scott Olson/Getty Images

Accounts filed by HJ Heinz Ireland, the producer of frozen ready-meals, show a substantial drop in turnover since its acquisition last year, falling b(...)