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MARKET SNAPSHOT: Why A Spike In The 10-year Treasury Yield To 3% Won't Be A Death Knell For Stocks
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Sunday, 25 February
With $116 billion cash, Buffett says Berkshire needs 'huge' deals
1d ago - NEW YORK (Reuters) - Warren Buffett on Saturday lamented his inability to find big companies to buy and said his goal is to make "one or more huge acquisitions" of non-insurance businesses to bolster results at his conglomerate Berkshire Hathaway Inc.
Apple moves to store iCloud keys in China, raising human rights fears
1d ago - SAN FRANCISCO/BEIJING (Reuters) - When Apple Inc (>> Apple) begins hosting Chinese users' iCloud accounts in a new Chinese data centre at the end of this month to comply with new laws there, Chinese authorities will have far easier access to text messages, email and other data stored in the cloud.
ECB pulls the plug on Latvia's failing ABLV Bank
1d ago - FRANKFURT/RIGA (Reuters) - Latvia's ABLV Bank is failing or likely to fail and will be wound up as saving it is not in the public interest, the European Union's Single Resolution Board and the European Central Bank (ECB) said separately on Saturday.
China's Geely makes $9 billion Daimler bet against tech 'invaders'
10h ago - BEIJING/FRANKFURT (Reuters) - Chinese carmaker Geely has built up an almost 10 percent stake in Daimler (>> Daimler) in a $9 billion (£6.44 billion) bet by its chairman that he can access the Mercedes-Benz owner's technology in the growing battle for the future of automotives.
Buffett says 'terrible mistake' for long-term investors to be in bonds
1d ago - NEW YORK (Reuters) - Billionaire Warren Buffett prodded ordinary investors on Saturday to stay invested in U.S. stocks, ignoring price swings, guidance from people with fancy credentials and the temptation to load up on bonds.
Buffett Loads Up On Treasury Bills -- WSJ
1d ago - By Nicole Friedman and Daniel Kruger This article is being republished as part of our daily reproduction of articles that also appeared...
U.S. to discuss trade disputes with China economic official next week
1d ago - WASHINGTON (Reuters) - Senior U.S. officials will discuss trade disputes next week with a top Chinese economic official when he visits Washington, a senior U.S. official said on Friday as President Donald Trump considers new tariffs on steel imports.
Fed Report Signals No Worries About Recent Market Volatility
1d ago - By Kate Davidson WASHINGTON -- The Federal Reserve signaled Friday it is unperturbed by the volatility in financial markets earlier this...
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