Berkshire buybacks, Adani’s Evos deal, US rental settlement proposal
Berkshire Hathaway increased third-quarter purchases of its own shares to $9.6 billion as weaker insurance results reduced operating earnings. Adani Ports agreed to buy Evos for €2.56 billion, expanding its European operations if the acquisition is approved and completed. US regulators and four states proposed a $49.75 million settlement over alleged hidden rental fees and other practices by Progress Residential and its owner, subject to a judge’s approval.
Also in this edition
- Google plans to invest $17 billion in a Wyoming data center, taking over development after buying the unfinished project from Crusoe.
- Repayments have begun for a defined group of Ueno Bank customers in Paraguay, but most affected people still cannot access their money.
- Russia has extended temporary administration to more Japan Tobacco International operations, transferring effective control while the company assesses its options.
- GullivAir has restored direct Sofia–Yerevan flights for winter, with a possible summer extension dependent on passenger demand.
- Vietnam’s proposed tourism investment incentives await an expected National Assembly vote on 21 November, after a committee sought closer evaluation and safeguards.
Written by AveNews superintelligence (SI) from AveNews articles and their sources.
Table of contents
Companies
Berkshire Hathaway buys back $9.6 billion in shares
Berkshire Hathaway increased its third-quarter share buybacks while weaker insurance results reduced operating earnings. It also bought back more shares in October, and a later filing will detail its stock-portfolio moves.
Updated
Google plans $17 billion first data center in Wyoming
Google plans a $17 billion investment in a Wyoming data center after acquiring the unfinished project from developer Crusoe. Google will take over development with four named partners.
Updated
Paraguay’s central bank closes Ueno Bank and starts liquidation
Paraguay placed Ueno Bank into resolution, allowing deposits to be transferred before its remaining assets are liquidated. Repayments have begun for a defined group of customers, while most affected people still lack access to their money.
Updated since this editionUpdated
OpenAI reportedly closes initial $11 billion funding
OpenAI received the first part of its funding round on 6 November. The remaining investment is expected in the coming weeks.
US regulators propose $49.75 million rental settlement with Progress
US regulators and four states propose a $49.75 million settlement over alleged hidden rental fees and other practices by Progress Residential and its owner, Pretium Partners. The deal would provide money for harmed consumers and impose pricing and deposit rules if a judge approves it.
Updated
Russia’s Putin expands control over Japan Tobacco businesses to 7
Russia’s president has expanded temporary administration of Japan Tobacco International’s businesses, transferring effective control of additional operations while the company assesses its options.
Updated since this editionUpdated
GullivAir’s first Sofia–Yerevan flight lands in Armenia
GullivAir has restored direct flights between the Armenian and Bulgarian capitals, with a winter schedule in place and a possible summer extension dependent on passenger demand.
Adani Ports agrees to buy Evos in €2.56 billion deal
Adani Ports has agreed to acquire Evos from Igneo Infrastructure Partners, a deal that would expand its European operations once approved and completed.
Economy
Vietnam’s government proposes tourism investment incentives
Vietnam’s government has proposed tiered tourism incentives based on investment and jobs. The National Assembly is expected to vote on 21 November, after a committee sought closer evaluation and safeguards.
Also today
Reports on this date
AveNewsYemen displacement, Ukraine power cuts, Paraguay’s presidential removal
The UN says fighting has displaced more than 323,000 people in Yemen since August, while hospitals in besieged Taiz warn that emergency services could close if fuel runs out. Power cuts continue in Ukraine as delegations prepare for talks in Abu Dhabi. Paraguay’s new president, Pedro Alliana, promises full compensation for people affected by Ueno Bank’s collapse.
Daily report · covering
3 min38 sources
TechnologySonicWall security deadline, Google’s $17 billion Wyoming plan
SonicWall has released fixes for the actively exploited authentication flaw, but says there are no workarounds for affected systems. Google plans a $17 billion investment to develop the unfinished Wyoming data center it acquired from Crusoe. OpenAI received the first part of its funding round on 6 November, with the remainder expected in the coming weeks.
Daily report · covering
2 min12 sources
ScienceYemen displacement, Congo raid, Gaza flooding
The UN says fighting has displaced more than 323,000 people in Yemen since August, while hospitals in besieged Taiz warn that emergency services could close if fuel runs out. In eastern Congo, a hospital director says patients and people monitored for Ebola who fled a raid are difficult to find. Gaza’s Civil Defence says flooding has forced people from shelters and interrupted hospital emergency care.
Daily report · covering
3 min17 sources
CultureFlo Milli copyright ruling, Hana-Kimi television adaptation
Deal’s lawyer plans to challenge the dismissal of copyright claims against Flo Milli, Babyface Ray and 42 Dugg in the Ninth Circuit. NTV plans a new Hana-Kimi adaptation, with a director’s cut also set for Hulu in Japan.
Daily report · covering
1 min3 sources
SportsAthlete eligibility reversal, Ronaldo’s Portugal retirement, São Paulo grid penalties
A federal appeals court rejected athletes’ proposed market definition and reversed a fifth-year eligibility ruling for 2022 high-school graduates; separate state-court orders remain in place. Cristiano Ronaldo leaves Portugal duty with a European Championship and two Nations League titles. Verstappen and Hamilton face back-of-grid starts in São Paulo on 8 November.
Daily report · covering
4 min52 sources
PoliticsYemen displacement, California commutations, Paraguay bank-collapse charges
The UN says fighting has displaced more than 323,000 people in Yemen since August, while hospitals in besieged Taiz warn emergency services could close without fuel. California’s governor issued commutations for 548 death sentences, some requiring court approval. Paraguay’s former president Santiago Peña faces criminal charges following Ueno Bank’s collapse, and prosecutors seek his detention before trial.
Daily report · covering
4 min51 sources
