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China orders banks to clear hurdles slowing private sector lending: sources
May 14, 2016 by elegant · Leave a Comment
SHANGHAI, May 14 (Reuters) – – China's banking regulator has sent an urgent notice to banks telling them to clear bottlenecks slowing lending to private firms, sources with direct knowledge told Reuters, highlighting rising concern in Beijing about torpid private investment. Chinese banks sharply cut new lending in April after a record first-quarter credit spree, much of which appeared to go to the state sector and may have helped inflate asset bubbles in real estate and commodities. According to the document seen by Reuters, the China …
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China orders banks to clear hurdles slowing private sector lending: sources
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Exclusive: Warren Buffett, Quicken Loans founder in Yahoo bid – sources
May 14, 2016 by elegant · Leave a Comment
While there is no certainty that the consortium will prevail in the auction, the interest of Buffett and Gilbert is a boost for the Sunnyvale, California-based company, which has been surpassed in recent years by…
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Exclusive: Warren Buffett, Quicken Loans founder in Yahoo bid – sources
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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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Buffett’s Berkshire Hathaway avoids S&P rating downgrade
February 19, 2016 by creative · Leave a Comment
Standard & Poor's on Friday left its “AA” credit ratings for Warren Buffett's Berkshire Hathaway Inc alone, saying the company's growing diversification and “modest” financial risks meant a downgrade was not necessary. Berkshire had been put on review for a possible downgrade on Aug. 11, on concern about Buffett's decision to deploy a large amount of cash toward last month's $32 billion acquisition of industrial parts maker Precision Castparts Corp. But S&P analyst Laline Carvalho said Berkshire's “consistently strong” operating profitability and “exceptional”…
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Buffett’s Berkshire Hathaway avoids S&P rating downgrade