The famous US investor Warren Buffet has sold his shares in America’s four largest airlines. Admitting a rare mistake, Buffet says that the reversal in fortunes for Delta, American, Southwest and United, brought about by Covid-19 is here for the long haul. Previously, his organisation held around ten per cent of shares in all four airlines.
Warren Buffet drops airline stocks
UK-based landlord Land Securities offered a glimpse of the impact of covid on office usage as it reported a £837m loss. Less than ten per cent of its office sites were in use and many of its tenants are now struggling to pay their rent.