Warren Buffett, Berkshire Hathaway’s chairman and chief executive, said on Saturday that derivatives remain a potential “time bomb” in financial markets.
May 012016
Apr 302016
Lithuanian GDP grew by 2.4 percent in the first quarter of 2016, compared to the same quarter in 2015, announced Statistics Lithuania on Friday.
Apr 302016
China’s Baosteel Group said in a statement on Friday that accusations by United States Steel Corp. (U.S. Steel) against it were groundless and untrue.
Apr 302016
The Agricultural Development Bank of China (ADBC) provided more financial support to China’s agriculture and rural development in the first quarter.
Apr 302016
The European Union (EU) announced on Friday that it had established a prior-surveillance system for import of steel products into the bloc in order to further protect its own steel industry.
Apr 302016
U.S. stocks ended lower Friday, the last trading day of the month, as investors sifted through the newly-released economic data and quarterly earnings reports.
Apr 292016
Danish wind turbine manufacturer Vestas received a record order intake for the first quarter of 2016, and maintained its annual guidance for the full-year, the company said Friday.
Apr 242016
China International Travel Service Ltd., the country’s biggest travel agency, posted a 7.86-percent increase in profits in the first quarter of 2016.
Apr 192016
Business leaders from the Group of 20 (G20) gathered here on Sunday to discuss policy recommendations for the world economic governance.
Apr 152016
China will play an important role in the International Monetary Fund (IMF) quota reform, with the global lender boosting a better structure of the world economy, said the IMF Managing Director Christine Lagarde at a press conference Thursday.