Billionaire investor Warren Buffett has boosted exposure to Tesco with the purchase of £120m ($185.5m) shares in the retailer, taking his total stake to 3.64%.
Billionaire investor Warren Buffett has retained second spot in Forbes latest list of America's richest people, despite seeing his personal wealth fall by $11bn.
US president Barack Obama has said the wealthy and corporations should pay their "fair share" to cut the country's deficit after proposing a tax for the super rich.
Berkshire Hathaway has strengthened its investment team by hiring a hedge fund manager who previously paid over $5m to dine with Warren Buffett.
Thank god for Warren Buffett, he really is the saviour. His latest venture into the markets - buying $5bn of stock in Bank of America - reminds us of another time when he did his bit for America and capitalism.
Shares in Bank of America closed almost 10% higher overnight after Warren Buffett pledged to take a $5bn stake in the firm, which may have already netted him a $1.3bn profit.
Billionaire investor Warren Buffett has agreed a deal which will see his firm Berkshire Hathaway invest $5bn in Bank of America.
Warren Buffett has revealed he has exploited recent sell-offs to buy up cheap stocks.
Berkshire Hathaway's Warren Buffett has said the US government should immediately raise taxes on high earners to aid the economic recovery.
Bill Gross, Bill Miller and Warren Buffett have clashed over Standard & Poor's downgrade of the US' credit rating.