Reuters

By Jonathan Stempel

(Reuters) - Warren Buffett's Berkshire Hathaway on Wednesday revealed a new, $6.72 billion stake in the insurer Chubb, ending months of speculation that it had made a big new investment.

In a regulatory filing describing its U.S.-listed stock holdings as of March 31, Berkshire said it owned 25.92 million shares of Chubb.

Berkshire had previously obtained permission from the U.S. Securities and Exchange... (continue reading...)

(Reuters) - Telecom giant AT&T has entered an agreement with AST SpaceMobile to provide a space-based broadband network direct to cell phones, the companies said on Wednesday.

Shares of AST SpaceMobile shot up nearly 49% in extended trading.

(Reporting by Arasu Kannagi Basil in Bengaluru; Editing by Alan Barona)

BELGRADE (Reuters) - The Serbian authorities and Jared Kushner's U.S.-based investment firm Affinity Global Development, signed a 99-year lease deal on Wednesday, allowing the company to overhaul two buildings which housed the headquarters of the former Yugoslav People's Army.

The Serbian construction ministry said in a statement that the "reputable American company" connected to Kushner, the son-in-law of U.S. former President Donald Trump, was chosen... (continue reading...)

By Nidal al-Mughrabi

CAIRO (Reuters) - Hamas chief Ismail Haniyeh blamed Israel on Wednesday for a deadlock in Gaza ceasefire negotiations and reiterated key demands including that any agreement provide a framework for a permanent end to Israel's offensive in the enclave.

Earlier this month, the Palestinian group said it agreed to a truce proposal from Qatari and Egyptian mediators that Israel previously accepted.

Israel... (continue reading...)

(Reuters) -Cisco Systems forecast fourth-quarter revenue above Wall Street estimates on Wednesday as the network equipment maker benefits from a pick up in enterprise spending and easing supply chain constraints.

The company's shares rose 5% in trading after the bell.

Cisco has been benefiting from an increase in spending, with companies trying to boost their growing artificial intelligence and cloud computing needs.

The company... (continue reading...)