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UPDATE 1-Buffett s Berkshire buys Aon, slashes Chevron and Wells Fargo Reuters 5 hrs ago By Jonathan Stempel May 17 (Reuters) - Berkshire Hathaway Inc said on Monday it has taken a $943 million stake in insurance brokerage Aon Plc and sold large portions of its investments in Chevron Corp and Wells Fargo & Co. The changes were disclosed in a regulatory filing detailing Berkshire s U.S.-listed holdings as of March 31. Berkshire also shed two smaller holdings entirely, Canada s Suncor Energy Inc and private label credit card issuer Synchrony Financial Inc. The sales suggest that Buffett and his investment managers Todd Combs and Ted Weschler may be growing more wary of valuations as stocks regularly set new highs. ....
Article content (Bloomberg) British Airways is partnering with LanzaJet for sustainable aviation fuel as part of the carrier’s plans to decarbonize by 2050, amid rising pressure on the aviation industry to cut emissions. The U.S. startup will supply ethanol-derived fuel from its Freedom Pines Fuels facility in Georgia, and British Airways will use it to power some flights starting in late 2022, the companies said in a statement Tuesday. As part of the collaboration, British Airways will invest in LanzaJet and the startup will conduct early-stage planning to set up a larger biofuel facility in the U.K. We apologize, but this video has failed to load. ....
Suncor restarts Fort Hills oil sands mining operations theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.