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Warren Buffett defends 3G, touts economy in record year for Berkshire
February 28, 2016 by admin · Leave a Comment
Warren Buffett on Saturday used his annual letter to Berkshire Hathaway Inc shareholders to launch vigorous defenses of an aggressive private equity partner and a maligned mobile home unit, as his…
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Warren Buffett defends 3G, touts economy in record year for Berkshire
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Post-Dieselgate, Volkswagen retools itself for faster ride
February 28, 2016 by admin · Leave a Comment
The biggest engineering feat on display when Volkswagen unveils its new concept car on Tuesday will be the team developing it: a post-Dieselgate management system crafted to operate faster, cheaper and with a lighter grip on the wheel. Last year's scandal over …
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Post-Dieselgate, Volkswagen retools itself for faster ride
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China market tsar in spotlight amid stock market turmoil
January 9, 2016 by elegant · Leave a Comment
By Matthew Miller and Shu Zhang BEIJING (Reuters) – Xiao Gang, China's stock market tsar, once remarked that the only thing he'd done right in life was marry his wife. No doubt the self-effacing Xiao, chairman of China Securities Regulatory Commission (CSRC), has
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China market tsar in spotlight amid stock market turmoil
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Japan’s Asahi to submit bid next week for SABMiller’s Grolsch and Peroni: Yomiuri
January 9, 2016 by publisher · Leave a Comment
Japanese beverage maker Asahi Group Holdings Ltd will submit a bid as early as next week to buy SABMiller PLC's Grolsch and Peroni beer brands for as much as 400 billion yen ($3.41 billion), the daily Yomiuri reported. If accepted, it would
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Japan’s Asahi to submit bid next week for SABMiller’s Grolsch and Peroni: Yomiuri
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China forex regulator says will ramp up risk control efforts
January 9, 2016 by admin · Leave a Comment
China's foreign exchange regulator said on Saturday it will ramp up risk control efforts, push ahead with regulatory reforms and look to accelerate the development of the country's foreign exchange market in 2016. The State Administration of Foreign Exchange (SAFE) made the comments in a statement on its website after concluding an internal meeting. It will also continue to promote the orderly opening of China's capital account and improve its management of foreign exchange reserves, it said.
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China forex regulator says will ramp up risk control efforts
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Pfizer hikes U.S. prices for over 100 drugs on January 1
January 9, 2016 by publisher · Leave a Comment
Pfizer Inc , which plans a $160-billion merger with Ireland-based Allergan Plc to slash its U.S. tax bill, on Jan. 1 raised U.S. prices for more than 100 of its drugs, some by as much as 20 percent,
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Pfizer hikes U.S. prices for over 100 drugs on January 1
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Facing U.S. storm, VW set for easier ride in Europe on emissions scandal
January 9, 2016 by creative · Leave a Comment
By Barbara Lewis and Kirstin Ridley BRUSSELS/LONDON (Reuters) – Volkswagen is unlikely to face U.S.-style fines in Europe over its emissions scandal because of a softer regulatory regime and its home country Germany's determination to protect its car industry, EU sources and legal experts say. The carmaker has been embroiled in crisis since last September, when it admitted it …
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Facing U.S. storm, VW set for easier ride in Europe on emissions scandal
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Oil prices give up earlier gains; languish near 11-year lows
January 6, 2016 by admin · Leave a Comment
By Jacob Gronholt-Pedersen and Roslan Khasawneh SINGAPORE (Reuters) – Oil prices on Wednesday gave back earlier gains, retreating toward the previous session's close near 11-year lows as concerns over growing…
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Oil prices give up earlier gains; languish near 11-year lows
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Volkswagen brand chief says ‘confident’ of finding solution to U.S. diesel issues
January 6, 2016 by admin · Leave a Comment
(Reuters) – The head of Volkswagen AG's top selling brand said Tuesday he is “confident” the German automaker will reach agreement with U.S regulators to bring nearly 500,000 diesel vehicles into compliance with U.S. emissions laws. “We are confident we will find an acceptable solution,” VW brand chief Herbert Diess said at a press conference at the Consumer Electronics Show in Las Vegas, Nevada. Volkswagen has admitted it installed software in certain diesel models sold…
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Volkswagen brand chief says ‘confident’ of finding solution to U.S. diesel issues
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Raytheon awarded $2.35 billion contract for SM-3 missiles
December 20, 2015 by publisher · Leave a Comment
Raytheon Co has won a contract worth up to $2.35 billion to build 52 SM-3 Block IB missiles for the U.S. Missile Defense Agency using fiscal 2015 funding, plus three one-year options, the Pentagon said on…
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Raytheon awarded $2.35 billion contract for SM-3 missiles