BUSINESS

COVID, War And Fed Push World Stocks Down For 4th Day

A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying Japan's Nikkei index and various countries' stock market index prices outside a brokerage in Tokyo, Japan, February 22, 2022.
World stocks fell for a fourth consecutive session on Tuesday as a combination of rising COVID-19 cases in China, the war in Ukraine and worries about the Federal Reserve raising interest rates this week for the first time since 2018 hit confidence.
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Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc's annual shareholder meeting in Omaha, Nebraska, U.S., May 4, 2019.

Berkshire Hathaway Stock Price Reaches $500,000

The share price of Warren Buffett's Berkshire Hathaway Inc reached $500,000 for the first time on Monday, reflecting the company's status as a defensive stock in a market unsettled by events in Ukraine and rising inflation.
A Bay Street sign, the main street in the financial district is seen in Toronto, January 28, 2013.

Canada's Top Stock Index Shines As Investors Seek Inflation Hedge

As Russia's invasion of Ukraine disrupts the global economy and drives up oil, gold and industrial metal prices, investors are embracing Canada's commodity-linked stock market to protect their portfolios from the impact of supply shortages and soaring inflation.
A branch of Barclays Bank is seen, in London, Britain, February 23, 2022.

Barclays Suspends Sales Of Two Products Linked To Oil, Volatility

British bank Barclays said on Monday it had suspended the sales and issuance of two exchange-traded notes (ETNs) with combined assets of about $1 billion - one linked to crude oil and another to a gauge of market volatility - due to capacity constraints, in a move that some investors said could spur big price swings in the products.

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