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Warren Buffett gives up on newspaper business
Business, Published on 31/01/2020
» Warren Buffett's Berkshire Hathaway Inc agreed on Wednesday to sell its newspaper business to Lee Enterprises Inc for $140 million in cash, abandoning an industry the billionaire investor had long defended even as its financial prospects deteriorated.
Virus losses put at B1.3tn
Business, Published on 31/01/2020
» Economic damage from the coronavirus outbreak is initially estimated at 300 billion yuan (1.3 trillion baht) in a month's time, putting China's annual GDP growth below the 6% baseline this year, says Kasikorn Research Centre (K-Research).