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Buffett donates record $2.84 billion to Gates, family charities| Reuters

Jul 06, 2015

Buffett donates record $2.84 billion to Gates, family charities| Reuters

REUTERS - Warren Buffett on Monday donated about $2.84 billion of Berkshire Hathaway Inc ( BRKa.N ) stock to the Bill and Melinda Gates Foundation and four family charities, as part of the billionaire's plan to give away nearly all of his wealth. The 10th annual donation, Buffett's largest, comprised 20.64 million Class "B" shares of Berkshire, and increased Buffett's total contributions to the charities to more than $21.5 billion. The Gates Foundation, which focuses on improving education and health and reducing poverty, receives the biggest share. #Business #Economy #Technology #science #Latin America #opinion
Greek finance minister quits to smooth talks after thunderous 'No'| Reuters

Jul 06, 2015

Greek finance minister quits to smooth talks after thunderous 'No'| Reuters

ATHENS/FRANKFURT Greece's combative finance minister resigned on Monday, removing one major obstacle to any deal to keep Athens in the euro zone after Greeks voted resoundingly to back the government in rejecting the austerity terms of a bailout. Leftist Prime Minister Alexis Tsipras promised German Chancellor Angela Merkel that Greece would bring a proposal for a cash-for-reforms deal to an emergency summit of euro zone leaders on Tuesday, a Greek official said. It was unclear how much it would differ from other proposals rejected in the past. #Economy #France #Middle East #Europe #markets #United Kingdom #opinion
Greece situation could have implications on international currency: Nirmala Sitharaman

Jul 06, 2015

Greece situation could have implications on international currency: Nirmala Sitharaman

The government is "very closely" monitoring the developments in Greece as that could have implications on the international currency market, Commerce and Industry Minister Nirmala Sitharaman said on Monday. #Economy #NewsTracker #Nirmala Sitharaman #Greece Financial Crisis #International Currency Market
Euclid Tsakalotos takes over as Greek FM after Yanis Varoufakis quits

Jul 06, 2015

Euclid Tsakalotos takes over as Greek FM after Yanis Varoufakis quits

The leftist economist and lawmaker of the ruling Syriza party replaces flamboyant fellow economist Yanis Varoufakis, who stepped down earlier Monday. #Economy #IMF #NewsTracker #Greece #EU #Yanis Varoufakis #Euclid Tsakalotos
Jaitley takes a jibe at economists, market commentators on economy forecast

Jul 06, 2015

Jaitley takes a jibe at economists, market commentators on economy forecast

Citing another issue, of economists predicting oil prices over the past few months, he said in a lighter vein that even "astrology is getting credibility". #Economy #Sensex #TheySaidIt #BSE #Arun Jaitley
Why should our MPs enjoy twin I-T exemptions when they are out of TDS regime?

Jul 06, 2015

Why should our MPs enjoy twin I-T exemptions when they are out of TDS regime?

The Lok Sabha Secretariat at last did a bit of soul searching and said since the parliamentarians arent employees, their salary would be taxable as income from other sources. #Economy #HowThisWorks #Lok Sabha #Salary #Pension #Income tax #MPs #Personal finance #Parliamentarians #Income Tax act
Yes or No? Early indications suggest evenly split verdict as Greece votes on referendum

Jul 05, 2015

Yes or No? Early indications suggest evenly split verdict as Greece votes on referendum

Greeks lined up at polling stations and ATMs alike Sunday as the country voted on its financial future, choosing in a referendum whether to accept creditors' demands for more austerity in return for rescue loans or defiantly reject the deal. #Economy #NewsTracker #Greece #Europe #Referendum
Suspected Boko Haram insurgents step up attacks in Nigeria| Reuters

Jul 04, 2015

Suspected Boko Haram insurgents step up attacks in Nigeria| Reuters

MAIDUGURI, Nigeria Suspected Boko Haram insurgents attacked the outskirts of a state capital in northeastern Nigeria on Friday, escalating their attacks after a week of bloodletting in which more than 150 people were killed, military sources said. Heavy gunfire was heard coming from the fringes of Maiduguri, the capital of Bornoa state, for about half an hour on Friday evening. Military sources said insurgents attacked a village on the edge of the city but were repulsed. #Economy #United States #India #Technology #Argentina #Entertainment
Death toll from capsized Philippine ferry rises to 51| Reuters

Jul 04, 2015

Death toll from capsized Philippine ferry rises to 51| Reuters

MANILA The death toll from a capsized Philippine ferry rose to 51 on Friday as rescuers tried to right the overturned vessel and found more bodies, a coast guard official said. The motorised, wooden-hulled boat rolled on its side and overturned minutes after leaving the port of Ormoc City on Thursday. Coast guard Captain Pedro Tinampay said there were 141 survivors. #Economy #United States #India #Middle East #South Korea #markets #United Kingdom