Warren Buffett's grandson is trying to create the Berkshire Hathaway of sustainable investments.
In a New York Times profile published Friday, Howard Buffett outlined his plans for i(x) Investments, his new investment fund that will look to replicate some of the strategies employed by his billionaire grandfather's Berkshire Hathaway conglomerate, but with an eye toward more environmentally and energy-friendly investments.
The younger Buffett is currently a lecturer in international and public affairs at Columbia.
According to The Times' profile, Buffett and his i(x) cofounder, Trevor Neilson, plan to employ a "permanently capitalized" structure similar to Berkshire Hathaway, meaning the company will own stakes in some companies, outright own others, but allow these entities to operate independently under its umbrella.
Managua, Oct 19 (EFE).- Canada'sB2Gold has resumed operations at the Mina El Limon mine in Nicaragua after weeks of labor strife, a company spokesperson said Monday.
Workers reported on Monday as normal, B2Gold'sAnne Perez told EFE, adding that operations had already resumed over the weekend.
The protests at Mina El Limon, 140 kilometers (87 miles) northwest of Managua, took a violent turn early in October, when a police officer was killed and several other people were wounded amid food shortages in the town.
The conflict was spurred by management's refusal to reinstate three fired union activists.
B2Gold, which employs some 800 at Mina El Limon, said the firings were justified and had been carried out according to established guidelines.
Police announced over the weekend that public order had been restored in Mina El Limon, where women and children clad in black marched on Sunday to protest the violence and the isolation of their community as a result of authorities' efforts to contain the labor dispute.
In 2014, gold was Nicaragua's No. 3 export, with sales of $385.9 million, behind beef and coffee. EFE