Wednesday, 08 Jul 2020 10:40 PM MYT
NEW YORK, July 8 — Warren Buffett has donated roughly US$2.9 billion of Berkshire Hathaway Inc stock to four family charities and the Bill & Melinda Gates Foundation, the latest but not largest contribution in his plan to give away his fortune. It boosted his donations to the charities to more than US$37.4 billion since Buffett, who turns 90 on August 30, began giving his Berkshire shares away in 2006.
Amazon.com Inc founder Jeff Bezos ranked first at US$178.1 billion, while Microsoft Corp co-founder Bill Gates was second.
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UK's Sunak targets youth unemployment with US$2.5b scheme | Malay MailLONDON, July 8 ― British finance minister Rishi Sunak will today announce a new scheme to stave off youth unemployment as he attempts to revitalise the economy following its Covid lockdown. The £2 billion (RM10.7 billion) Kickstart Scheme will enable employers to hire unemployed young people...
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US government awards Novavax US$1.6b for coronavirus vaccine | Malay MailCHICAGO, July 7 — The US government has awarded Novavax Inc US$1.6 billion (RM6.8 billion) to cover testing, commercialisation and manufacturing of a potential coronavirus vaccine in the United States, with the aim of delivering 100 million doses by January 2021. Novavax shares jumped 35 per cent...
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Brazil shocked by woman held as a slave for years at family mansion | Malay MailRIO DE JANEIRO, July 7 — The discovery of a domestic worker kept as a slave in a mansion in a wealthy part of Sao Paulo for years has shocked Brazil, with labour prosecutors seeking a large one million real (RM806,170) in damages as the case moved to court. The 61-year-old woman rescued by labour...
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North Korea says it has no intention to sit down with US, KCNA reports | Malay MailSEOUL, July 7 — North Korea has no intention to sit down with the United States and urged South Korea to “stop meddling,” a senior diplomat said today, just as a US envoy was due to visit Seoul in an effort to renew stalled nuclear talks with Pyongyang. Kwon Jong-gun, director general for US...
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Ringgit opens higher against US dollar | Malay MailKUALA LUMPUR, July 7 ― The ringgit opened higher against the US dollar today supported by the rally in oil prices amid tight supply in the market and ahead of the Bank Negara Malaysia’s decision at its Monetary Policy Committee today. As at 9.05am, the ringgit was traded at 4.2700/2780 against...
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