‘Nothing attractive’: Warren Buffett’s Berkshire sells ALL stakes in US airlines, reports $50bn Q1 loss amid Covid-19 shutdown ...United Arab Emirates

With Berkshire Hathaway Inc reporting a record quarterly loss of nearly $50bn amid an abysmal economic fallout from the Covid-19 pandemic, Warren Buffett remains optimistic that in the long run “nothing can stop America.” Speaking at an annual meeting in Omaha, Nebraska, which for the first time was live streamed and held without shareholders, the 89-year-old billionaire tried to reassure them by recalling the hardships of the past that the US successfully survived through and thrived. The famously bullish Buffett, however, expressed doubt that the markets have hit bottom yet, admitting “this is a very good time to borrow money,” but n

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