Buffett resigns as trustee of Gates Foundation
The Peninsula
Billionaire investor Warren Buffett said on Wednesday he was resigning from his position as trustee of the Bill and Melinda Gates Foundation (BMG), one of the world's largest private charitable organizations.
"For years I have been a trustee - an inactive trustee at that - of only one recipient of my funds, the Bill and Melinda Gates Foundation. I am now resigning from that post, just as I have done at all corporate boards other than Berkshire's," Buffett said in a statement. Bill Gates and his wife Melinda, co-founders of the foundation, filed for divorce in May after 27 years of marriage but pledged to continue their philanthropic work together.
Washington: The Republican controlled US Senate confirmed Robert F Kennedy Jr as health secretary on Thursday, elevating his anti vaccine advocacy to...
Washington: US President Donald Trump on Wednesday spoke with the leaders of Russia and Ukraine by phone and said both countries agreed to begin peace...
Islamabad: A Pakistani couple appeared in court on Thursday accused of murdering a child maid, who police said they beat with a rolling pin for allege...
Frankfurt, Germany: Sports car manufacturer Porsche said Thursday it will axe 1,900 jobs after sales slumped in China and amid a tricky shift to elect...
Monrovia: Liberian President Joseph Boakai, who has pledged to fight endemic corruption, suspended Wednesday more than 450 government appointed offici...
Damascus: Syria s foreign minister announced on Wednesday that a new government would take over next month from the interim cabinet formed following t...
Taipei: An explosion in a Taiwan department store on Thursday injured at least 12 people with possibly some fatalities with videos showing large...
Brussels: European stocks closed higher at the end of trading Wednesday, supported by profits from banks and food companies, despite continued caution...
The great American egg shortage is getting worse. With bird flu killing millions of egg laying chickens, prices surged more than 15% in January fro...
Rome: Telecom Italia s board of directors unanimously approved Wednesday a 700 million euro ($725 million) bid by the Italian state to buy its fibre o...
Stockholm: Sweden s government said Wednesday it would boost security at schools after the country s worst mass shooting left 10 dead, giving teachers...