BYD, the Chinese automaker with backing from billionaire Warren Buffett, says its net profit more than tripled last year as the company's F3 sedan topped the country's list of best-selling autos. BYD is among several Chinese automakers whose fortunes have risen as ...

NEW YORK (Reuters) - Warren Buffett was awarded total compensation of about $519,490 in 2009 to run Berkshire Hathaway Inc, a 6 percent increase mainly reflecting the higher cost of keeping the world's third-richest person safe. According to Berkshire's proxy filing with the U.S. Securities and Exchange Commission, Buffett's salary was $100,000, as it has ...

Warren Buffett brought home less pay than Berkshire Hathaway's chief financial officer again last year, but the company is paying more to protect the billionaire these days. Buffett, chairman and chief executive of the Omaha, Neb.-based company, received $519,490 total compensation in ...

MUNICH (Reuters) - Munich Re <MUVGn.DE> sees star investor Warren Buffett's stake in the reinsurer as evidence that he backs its long-term strategy aimed at creating stability, Munich Re's chief executive said on Wednesday. "He would not have bought in if he didn't think our strategy good," Nikolaus von Bomhard told a news conference, referring ...