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Iraqi PM al-Kadhimi survives drone attack on his home

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Iraqi Prime Minister Mustafa al-Kadhimi has said he escaped unhurt after a drone attack on his home inside Baghdad's high-security Green Zone. A drone laden with explosives struck the building, injuring six of his bodyguards in an apparent assassination attempt, officials said. Mr Kadhimi called for "calm and restraint from everyone". The attack, which comes after violent unrest over recent election results, was condemned by both the US and Iran. Security sources say three drones were used in the attack, launched from near Republic Bridge on the River Tigris, but two were shot down. No-one has said they carried out the attack, in an area of the city housing many government buildings and foreign embassies Images published by Iraqi media show damage to parts of the residence as well as an SUV vehicle parked in a garage. Remains of a small explosives-laden drone were collected by security forces for examination, an unnamed security official told Reuters news a...

Warren Buffett's Berkshire Hathaway sold a net $2 billion of stock last quarter - and boosted its share buybacks to $7.6 billion

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Warren Buffett's Berkshire Hathaway sold a net $2 billion of stock in the third quarter. The investor's company boosted its share buybacks to $7.6 billion in the period. Buffett's conglomerate reported a jump in its cash reserves to a record $149 billion. Warren Buffett's Berkshire Hathaway ramped up its buying and selling of stocks and accelerated its share buybacks in the third quarter, signaling the famed investor and his team made some tweaks to their equity portfolio, and saw value in Berkshire shares. Buffett's conglomerate - which owns scores of businesses including See's Candies and Geico, and holds multibillion-dollar stakes in Apple, Coca-Cola, and other public companies - spent $1.4 billion on stocks and sold $3.4 billion worth in the period. For comparison, it bought about $1 billion worth and sold $2.1 billion of stock in the second quarter. The latest transactions mean Berkshire sold about $2 billion of stock on a net basis last quarter, ...