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OPEC+ to further speed up oil output hikes, three sources say

LONDON (Reuters) -OPEC+ plans to further accelerate oil output hikes and possibly unwind 2.2 million barrel per day of voluntary cuts through October 2025 if members of the group don’t improve compliance with their production quotas, three OPEC+ sources said.(Reporting by Ahmad Ghaddar ...
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Arizona communities bank on Trump’s push for coal to ensure they’re not forgotten

JOSEPH CITY, Ariz. (AP) — Brantley Baird never misses a chance to talk history, from how his great-grandmother helped settle the town of Snowflake long before Arizona was granted statehood to tales of riding to school bareback and tethering his horse outside the one-room ...
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Warren Buffett’s best and worst investments in his 60 years leading Berkshire Hathaway

OMAHA, Neb. (AP) — Billionaire investor Warren Buffett said Saturday that he wants to step down as chief executive of Berkshire Hathaway at the end of the year. The revelation came as a surprise because the 94-year-old had previously said he did not plan ...
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Shell is studying merits of buying BP, Bloomberg News reports

(Reuters) -Shell Plc is working with advisers to evaluate a potential acquisition of rival BP Plc, though it is waiting for further stock and oil price declines before deciding whether to pursue a bid, Bloomberg News reported on Saturday citing people familiar with the ...
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Warren Buffett’s successor Greg Abel seen preserving Berkshire’s culture

By Koh Gui Qing and Jonathan Stempel OMAHA, Nebraska (Reuters) -When Greg Abel succeeds Warren Buffett at the helm of Berkshire Hathaway at the end of this year, he is expected to preserve the culture at the behemoth even if he does not match the ...
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Warren Buffett’s best and worst investments in his 60 years as Berkshire Hathaway CEO

OMAHA, Neb. (AP) — Billionaire investor Warren Buffett said Saturday that he wants to step down as chief executive of Berkshire Hathaway at the end of the year. The revelation came as a surprise because the 94-year-old had previously said he did not plan ...
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Reaction to Buffett plan to step down as Berkshire CEO, new CEO Abel

(Reuters) – Warren Buffett, 94, announced Saturday he will step down as chief executive of Berkshire Hathaway at the end of 2025, and hand over the reins to Vice Chairman Greg Abel. Here are reactions: JPMorgan Chase & Co CEO Jamie ...
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Buffett defends trade amid tariff pressures, as Berkshire cash sets record

By Jonathan Stempel and Suzanne McGee OMAHA, Nebraska (Reuters) -Before announcing his plan to step down as Berkshire Hathaway chief executive at the end of the year, Warren Buffett offered a fervent defense of trade on Saturday, saying tariffs should not be a “weapon” and ...
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Berkshire shareholders reject diversity, AI proposals

By Jonathan Stempel OMAHA, Nebraska (Reuters) -Berkshire Hathaway shareholders on Saturday rejected a resolution requiring the company to report on risks from its subsidiaries’ race-based initiatives, one of seven proposals tied to diversity, artificial intelligence and other issues that were voted down. Shareholders also voted against ...
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Who is Greg Abel, the executive picked to be successor to Warren Buffett?

OMAHA, Neb. (AP) — When Warren Buffett announced at his annual shareholder meeting Saturday that he is stepping down as CEO of Berkshire Hathaway at the end of the year, he elevated a low-key 62-year-old Canadian executive named Greg Abel who has long been ...
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Buffett’s quotes from Berkshire meeting: Stepping aside as CEO, trade, opportunities, United States

(Reuters) -Warren Buffett announced he would pass the reins as CEO to Vice Chairman Greg Abel, as he presided over his 60th Berkshire Hathaway shareholder meeting on Saturday, giving views on everything from trade to investment opportunities for the conglomerate. The meeting comes against ...
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Buffett says Greg Abel should become Berkshire’s CEO at year-end

NEW YORK (Reuters) – Warren Buffet said on Saturday that Vice Chairman Greg Abel should become Berkshire Hathaway’s chief executive officer at the end of this year. Buffett’s announcement was made during Berkshire’s annual meeting in Omaha.(Reporting by Carolina ...
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