Recently you may have seen the news that Warren Buffet, the multi-billionaire investor and his Berkshire Hathaway [NYSE: BRK-A] investment company had teamed up with a private equity firm to pay USD$28 billion for the HJ Heinz Company [NYSE: HNZ]. Now everybody knows that Warren Buffet is what is considered a “value investor” – he buys on the cheap and sells at the highs. That simply means he believes the […]
Ecuador has granted political asylum to Julian Assange, the founder of Wikileaks, citing concerns for his human rights, as he fights extradition from the UK to Sweden. The consulate had put out a press statement suggesting that he would not get a fair trial. Mr Assange took refuge at the Ecuadorian embassy in June to avoid extradition to Sweden, where he faces questioning over assault and rape claims, which he […]