Berkshire Hathaway’s Strong Performance: A Look at Q1 2024 Earnings Report
Warren Buffett’s Berkshire Hathaway Reports Strong First Quarter Earnings
Warren Buffett, the legendary investor, was seen walking the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2024.
Berkshire Hathaway recently announced a significant year-over-year increase in operating earnings for the first quarter, with cash reserves reaching record levels.
Operating Earnings Surge
The conglomerate, led by Warren Buffett, reported a 39% surge in operating profit to $11.22 billion compared to the previous year.
Insurance and Railroad Businesses
The increase in earnings was primarily driven by a remarkable 185% rise in insurance underwriting earnings to
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Berkshire Hathaway’s Strong Performance: A Look at Q1 2024 Earnings Report
50% “haircut” of fees for POS microtransactions
Legislative regulation for the reduction of fees for POS transactions, the government will submit until Friday to the Parliament, “cutting” the fees by 50%. According to information, the reduction of charges will concern small transactions up to 10 euros and specific professional sectors (KAD) such as taxis, kiosks, street markets.
As mentioned by the Minister of National Economy and Finance Kostis Hatzidakis (Sky), in the past period kiosks, taxi
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https://www.worldysnews.com/50-haircut-of-fees-for-pos-microtransactions/
Novobanco, BPI, Santander and Montepio profited more than 600 million until March
#Novobanco #BPI #Santander #Montepio #profited #million #March
The results of Portuguese banks remain “strong” in the first quarter, due to the increase in financial margin, higher commissions and the improvement in the cost of risk.
The financial margin reached its peak in the fourth quarter of 2023, but the Portuguese banks that have already presented their accounts for the 1st quarter of 2024 did not feel any negative impact on their results.
T
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Novobanco, BPI, Santander and Montepio profited more than 600 million until March
WATER AND ELECTRICITY – The CEO of Jirama faces many challenges
| The new CEO of Jirama, Ron Weiss, with some of the company’s thinking heads. |
Appointed by the council of ministers on Thursday to head the National Water and Electricity Company (Jirama), Ron Weiss, the new director general of Jirama, was quick to act. He met yesterday with the staff of this company to define the actions to be taken in order to turn the company around.
Recovery. This will surely be the leitmotif within the National Water and Electricity Company. The new general director of Jirama, Ron Weiss, indicated that the revival of this company will be focused on the energy transition. The challeng
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WATER AND ELECTRICITY – The CEO of Jirama faces many challenges
only one country has it and will sell it
In recent years, hydrogen-producing regions have raced to find new solutions that reduce high transportation costs. When all efforts seemed resigned to paying the high costs of liquid transfer of this resource, A remote country is working on a new option that optimizes the export and sale of hydrogen powder.
Which country managed to synthesize hydrogen powder to facilitate export?
As we know it to this day, Green hydrogen is one of the renewable and sustainable energies most appreciated by countries involved in the fight against climate change. However, the associated transportation difficulties were also public knowledge.
In this sense, a professor from Curtin University, belonging to a country rich in hydrogen production and extraction, has tested a new solution to reduce transport costs and maximize the yield of this energy.
The country that has hydrogen powder and will sell it most efficiently is Australia. The idea was very well received and the startup Kotai Energy approved its implementation. For this reason it is known as The Kotai Hydrogen Project.
Additionally, it has the support of a grant from Arena, the Australian Renewable Energy Agency, which has allocated approximately $5 million to the project to continue the country’s successful development of exporting hydrogen powder Australian.
Hydrogen powder background
The technology applied in this project had already been developed some time ago, during the 1940s when, through the chemical treatment reduced the hydrogen to a white powder to facilitate transportation at room temperature. Find more information about hydrogen here.
Once water was brought into contact with powdered hydrogen, the energy could be rapidly released through exp
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Starbucks Celebrates 100 Million Cups of Decaffeinated Coffee Sold with ‘1+1’ Event
Starbucks decaffeinated coffee sold 100 million cups
‘1+1’ event after 2pm on the 3rd
Photo zoom event 1+1. [사진=스타벅스코리아 제공]
There is now a reason to go to Starbucks after 2pm.
Starbucks Korea is holding a ‘1+1’ decaffeinated coffee event starting on the 3rd to celebrate cumulative sales of decaffeinated coffee exceeding 100 million cups.
The period is six days until the 8th. If a customer visiting the store after 2 pm orders a decaffeinated drink or ½ a decaffeinated drink, they will receive an additional drink of the same size.
A total of 5 drinks are eligible for
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Starbucks Celebrates 100 Million Cups of Decaffeinated Coffee Sold with ‘1+1’ Event
What CEOs can learn from emergency responders
Everything has a price, especially things that don’t cost anything.
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He buys perfume at Sanborns and accuses that he received a pirated one; that’s how he realized
The video of a girl who bought perfume in Sanborns and accused that a pirate arrived. We tell you how she found out.
A young man shared via TikTok the disappointment he had with Sanborns after his boyfriend gave him the kit Vera Wang which includes a perfume and a bottle of body mist.
This is because the fragrance he received, according to his testimony, was pirated, revealing to Sanborns that he sold said item that costs 750 pesos.
He buys perfume at Sanborns and accuses that he received a pirated one (@catalinadz98/TikT)
This is how he realized that the perfume he bought at Sanborns was pirated
Through unboxing in TikTokthe user @catalinadz98 wanted to share with her followers the Princess perfume by Vera Wang that her boyfriend bought her in Sanborns.
However, when he smelled the body mist bottle he began to be disappointed because he immediately noticed a strong smell of alcohol and it was not properly sealed.
This girl’s disappointment was worse when she looked at the bottle of perfume that came in her kit, since it did not have the aroma that she remembered when she was little.
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In a second video, the TikTok user accused Sanborns of sell you a pirate perfume.
He realized that his Sanborns perfume was a clone, mainly because of its smell, which was just alcohol.
In addition, he made a comparison with another Princess perfume by Vera Wang that he purchased on Amazon.
Proving that the spell product had a lighter, diluted tonecompared to the intense color of the original article.
“I don’t know if they gave me a very old package, from stock that they alre
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He buys perfume at Sanborns and accuses that he received a pirated one; that’s how he realized
Belize bets on the production of seaweed, a business controlled by China
Even though China is the owner of the blue economy, for several years Belize has had a plan to produce seaweed used in the manufacture of food, medicines, cosmetics, fertilizers and biofuels.
And that big bet is because Belize wants to keep a part of the seaweed business, which is valued at 15 million dollars. But it has China as the largest producer of the raw material. In this business Belize is accompanied by experts.
“The Inter-American Development Bank (IDB) has been helping the Government of Belize develop sustainable seaweed farming,” says Alex Sanchiz, project development officer for the Compete Caribbean Partnership Facility (CCPF).
The emerging seaweed industry addresses environmental, nutritional and economic challenges, but is positioned as a crucial player in the sustainable future of agriculture, energy and industry for Belize, added the Inter-American Development Bank official in Barbados.
As research and development advances, the multifaceted benefits of seaweed underscore its importance in shaping a sustainable future.
Behind the project to boost the seaweed business is the Caribbean Competition Partnership Mechanism (MCPC), The Nature Conservancy (TNC) and the Belize Trade and Investment Development Service (BELTRAIDE).
Worldwide there was a
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Belize bets on the production of seaweed, a business controlled by China
Wall Street closes in mixed territory and the Dow Jones falls 0.02%
NEW YORK, New York.—This Tuesday, the day on Wall Street closed on mixed terrain and its main indicator, the Dow Jones Industrialsfell 0.02% awaiting data from the US inflation which will be known on Wednesday.
At the closure
At the end of the session in the New York Stock Exchangehe Dow Jones It stood at 39,893.7 units.
On the other hand, the selective S&P 500 rose 0.14%, to 5,209.9 points, and the index Nasdaq It advanced 0.32%, to 16,306.6 points.
According to analysts, the market opted for caution before the publication
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Wall Street closes in mixed territory and the Dow Jones falls 0.02%