Buffett’s Berkshire hit with US$3.8 billion Kraft Heinz charge

Buffett’s Berkshire hit with US.8 billion Kraft Heinz charge

WARREN Buffett’s Berkshire Hathaway took a US$3.8 billion impairment on its Kraft Heinz stake, the latest hit to a bet that’s weighed on the billionaire investor’s company in recent years. On Saturday (Aug 2), Berkshire marked down the carrying value of its Kraft Heinz investment to US$8.4 billion, down from more than US$17 billion at…

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Mixed H1 2025 performance, but hospitality S-Reits push ahead with portfolio reconstitution and diversification

Mixed H1 2025 performance, but hospitality S-Reits push ahead with portfolio reconstitution and diversification

[SINGAPORE] Three out of five Singapore-listed hospitality trusts have reported half-yearly financial results for the first half of 2025 over the past week, with two more due to report this week. CapitaLand Ascott Trust (Clas) reported a resilient performance in H1 2025, with revenue rising 3 per cent year on year to S$398.5 million and…

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Jewish Film Institute Announces 2025 Grant Recipients; SFJFF Best Documentary Short & Best Narrative Short Award Winners Revealed

Jewish Film Institute Announces 2025 Grant Recipients; SFJFF Best Documentary Short & Best Narrative Short Award Winners Revealed

EXCLUSIVE: The Jewish Film Institute has revealed the recipients for its 2025 grants. In total, JFI is honoring six narrative and documentary films this year, chosen from a record 136 applicants. The organization awarded $75,000 in grants this year. The projects were chosen by an independent panel of filmmakers and industry professionals. Since its inception…

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South-East Asian firms test Hong Kong waters amid IPO surge

South-East Asian firms test Hong Kong waters amid IPO surge

[SINGAPORE] South-east Asian companies have mostly sat out Hong Kong’s 2025 listing boom, but a cautious revival may be under way with four more initial public offerings (IPOs) from the region in the pipeline, according to the Hong Kong Stock Exchange (HKEX). Johnson Chui, HKEX’s head of issuer services, told The Business Times that four…

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