Berkshire's latest purchases from July 14 to July 16 cost $112 million, and gave Buffett's conglomerate a 19.4% Occidental stake worth abou...

The Cadbury chocolate maker is joining other consumer packaged goods companies including Kraft Heinz Co and Nestle SA in stepping back from...

Kraft Heinz Co beat first-quarter revenue and profit estimates on Thursday as a year-long surge in demand for consumables including Lunchab...

Berkshire wrote off $9.8 billion of Precision’s value last August, as the COVID pandemic sapped demand for air travel and the Portland, Ore...

The company also forecast better-than-expected sales for the year, sending shares of Kraft Heinz up about 1% in afternoon trading.

Berkshire’s stake would entitle it to recognize almost $230 million in profit from Kraft Heinz’s first-half results.

Abel, who runs all of Berkshire’s non-insurance operations, is seen as the more likely CEO successor.

“The value we’re receiving from proceeds is really higher than what we could have done,” Hees told analysts at the Chicago-based food and b...

ET on October 11 had reported that Zydus Cadila is the frontrunner for the Kraft Heinz India portfolio. Zydus Cadila is the country’s fourt...

Her departure, scheduled for October, leaves the S&P 500 on track to have just 23 female CEOs, less than 5 per cent of the total.

Tata Group, India’s biggest conglomerate, and Dabur India Ltd., the $11.3 billion consumer-goods company, are among suitors selected for th...

Complan has about 8% market share in the Rs 6,000-7,000 crore market for malted food drink in the country. GSK’s Horlicks is the market lea...

Deliberations are at an early stage, and Kraft Heinz could decide to keep the business, the people said. A representative for Pittsburgh-ba...

“The trick in investing is just to sit there and watch pitch after pitch go by and wait for the one right in your sweet spot,” Buffett said...

While both companies sell food, Unilever has pursued higher-end brands, such as Ben & Jerry’s ice cream and Talenti gelato. Kraft, meanwhil...

Warren Buffett is about to get back the $8 billion — plus a little extra — that his Berkshire Hathaway Inc invested in Kraft Heinz Co.

Warren Buffett said Tuesday that an exit by Greece from the euro zone could be constructive for the region.