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MOSCOW (Sputnik) – US business tycoon Warren Buffett’s Berkshire Hathaway holding has reported a loss of $55 billion in Q1 amid COVID-19 pandemic, compared to $21 billion in profits over the same period last year, the company said in a…
According to local officials, various police units have been deployed at the scene and negotiators have begun talks with the prisoners. Inmates at a prison in the Brazilian city of Manaus took seven guards hostage during a riot, Reuters reported,…
German media reported earlier that the authorities were planning to deny the Nord Stream 2 operating company a waiver to exclude it from the regulations of the Third Energy Package. The company stated that they would appeal if, in fact,…
MOSCOW (Sputnik) – The global energy demand will fall by 6 percent in 2020 in what might be the biggest drop in 70 years, and the worldwide CO2 emissions will decrease by 8 percent over the COVID-19 pandemic, the International…
Experts say the auto industry, including producers of electric vehicles, will be among the hardest hit by the global economic slowdown triggered by the coronavirus pandemic. Nevertheless, experts say that in the long-term the e-vehicle industry has a brighter future.…
NEW YORK (Sputnik) – Wall Street’s main stock indexes rose about 2 percent or more on Wednesday morning as investors looked beyond a record US economic decline in the first quarter to focus instead on reopening of businesses shuttered by…
