Berkshire raises stake in Japan’s Mitsubishi above 10%

The Berkshire Hathaway Inc. stock price (BRK-B) stock price on the New York Stock Exchange (NYSE) market is seen on a mobile device application in this illustration photo taken in Warsaw, Poland on 05 December, 2023.

Jaap Arriens | Nurphoto | Getty Images

Berkshire Hathaway, through its wholly owned unit National Indemnity Company, has raised its stake in Japan’s Mitsubishi Corp and Mitsui & Co, the companies said on Thursday.

Berkshire raised its stake in Mitsubishi to 10.23% from 9.74% previously, the company said in a market disclosure. A Mitsui official confirmed Berkshire raised its stake, but declined to give a percentage.

Its prior stake in Mitsui was 9.82%.

Berkshire previously raised its holdings in five Japanese trading houses, including Mitsubishi and Mitsui, in March.

Shares in Mitsubishi rose 1.85% and Mitsui was up 1.23% on Thursday, while the benchmark Nikkei gained 0.73%.

Source

World

Nvidia refutes report that China’s DeepSeek is using its banned Blackwell AI chips

December 10, 2025

Jensen Huang, chief executive officer of Nvidia Corp., outside the US Capitol in Washington, DC, US, on Wednesday, Dec. 3, 2025. Bloomberg | Bloomberg | Getty Images Nvidia on Wednesday refuted a report that the Chinese artificial intelligence startup DeepSeek has been using smuggled Blackwell chips to develop its upcoming model. The U.S. has banned […]

World

Europe agrees to cut emissions 90% by 2040

December 10, 2025

The European Union has agreed to a legally binding climate target to cut emissions 90% by 2040, even as it pushes back a planned critical emissions trading scheme. The European Parliament and EU Member States came to a provisional agreement on the target and an amendment of the EU Climate Law on Tuesday night. “Today, […]

World

Trump slams European leaders as ‘weak’ — just as they’re trying to impress him

December 10, 2025

U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskyy pose for a picture with European leaders following a meeting in the Oval Office at the White House on August 18, 2025 in Washington, DC. Win McNamee | Getty Images While it’s been clear to Europe for some time that U.S. President Donald Trump is not […]