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Africa and the credit rating biases – what is the way forward?

Africa and the credit rating biases – what is the way forward?
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Warren Buffett s company sells major stake in Taiwanese chip giant TSMC

Warren Buffett s company sells major stake in Taiwanese chip giant TSMC
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Learning from US moves towards climate disclosure

Warren Buffett s Berkshire Hathaway buys $4 1 billion stake in Taiwanese chip giant TSMC

Warren Buffett’s conglomerate Berkshire Hathaway has bought more than $4.1 billion of stock in Taiwan Semiconductor Manufacturing, a part of its portfolio changes in the last quarter.In a filing with the United States’ Securities and Exchange Commission on Monday, the Omaha-based conglomerate said it acquired about 60 million American depository shares of TSMC in the three months ended SeptemberTSMC was founded by Taiwanese billionaire Morris Chang in 1987, focusing on the contract chip making business. Headquartered in the industrial hub of Hsinchu, TSMC is the biggest manufacturer of the world’s most advanced chips, which are used in smartphones, computers, servers, cars.The Taiwanese company manufacture semiconductors for clients like Nvidia and Qualcomm and is the supplier of Apple’s custom silicon chips. Apple remains the most valuable single holding in Berkshire’s portfolio.TSMC s other foreign investors include U.S. asset managers BlackRock Inc and Vanguard Group Inc,

TSMC shares soar on reports of buy by Berkshire Hathaway

Taipei, Nov. 15 (CNA) Shares of Taiwan Semiconductor Manufacturing Co. (TSMC) moved sharply higher Tuesday morning on reports that Berkshire Hathaway Inc. had bought more than US$4.1 billion of TSMC's American depositary receipts (ADRs), dealers said.

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