WARREN BUFFETT

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China overtakes U.S. as world's No.1 auto market

China's auto market, which overtook the United States as the world's largest earlier this year thanks to a raft of policy incentives, has been a major bright spot amid a global industry downturn.

Goldman weighs expanding charity program

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Goldman Sachs Group Inc may expand a program that would require executives to give a part of their pay to charity, as it looks to cool public anger over compensation, the New York Times reported on Sunday.

Symetra sets IPO terms, Buffett to keep shares

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Life insurance company Symetra Financial Corp set the terms of its initial public offering on Wednesday, lowering the overall value of the deal from its October filing and signaling that it is likely to price soon.
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Cadbury shares dip below Kraft bid for first time

Cadbury shares dipped below Kraft Foods' 10.6 billion-pound ($17 billion) bid price for the first time on Thursday as prospects of a rival bid receded and analysts reckoned Kraft now needed only to slightly sweeten its offer to win.
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Cadbury shareholders bet on higher Kraft bid

Kraft faced pressure to raise its bid for Cadbury with extra cash as the market digested Tuesday's warning from key investor Warren Buffett and an initial deadline passed with few of the UK confectioner's shares changing hands.
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Qinyuan seeks to boost electric car sales in US

Tianjin Qingyuan Electric Vehicle Co, the first Chinese automaker to break into the United States, hopes to significantly boost sales of its self-developed electric models in the world's second-largest market this year, a source with direct knowledge of the matter said on Wednesday.
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Kraft gets 1.52 percent acceptance for Cadbury bid

Kraft said it had a 1.52 percent take-up from Cadbury shareholders for its 10.5 billion pound ($16.8 billion) hostile bid, with analysts saying the U.S. food group will have to raise its offer to win.
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Buffett warns Kraft after it sweetens Cadbury bid

Warren Buffett came out against Kraft's $16.8 billion hostile offer for Britain's Cadbury as a threat to shareholder value, undermining the U.S. foodmaker's attempt to woo investors with a sweeter bid.
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Buffett threatens Kraft's Cadbury bid

Kraft sweetened its $16.8 billion offer for Britain's Cadbury and a potential rival stood aside, but just hours later the U.S. food firm's influential top shareholder threatened to vote against the deal.
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Kraft sweetens Cadbury bid; Buffett weighs in

Kraft sweetened its $16.8 billion offer for Britain's Cadbury and a potential rival stood aside, but just hours later the U.S. food firm's influential top shareholder threatened to vote against the deal.
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Buffett warns Kraft on Cadbury offer

Warren Buffett's Berkshire Hathaway Inc issued a stern warning to Kraft Foods Chief Executive Irene Rosenfeld, saying it opposed the food maker's plan to float new shares in pursuit of Cadbury Plc .
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Buffett warns Kraft on Cadbury bid

Nestle ruled itself out of a bid war over Cadbury and Kraft sweetened its $16.4 billion offer, but the U.S. food firm's biggest shareholder Warren Buffett warned it not to overpay.
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Kraft sweetens Cadbury bid

Nestle ruled itself out of a bid war over Cadbury and Kraft sweetened its $16.4 billion offer, but the U.S. food firm's biggest shareholder Warren Buffett warned it not to overpay.
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Berkshire voted no on Kraft share issue for Cadbury

Berkshire Hathaway Inc said it voted against Kraft Food Inc's proposal to authorize the issuance of up to 370 million shares to help the food maker buy Cadbury , but could reverse to a yes vote, depending on the final offer's details.
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Buffett: It's simple, railroads are not pet rocks

When Warren Buffett said last month that his Berkshire Hathaway Inc was buying Burlington Northern Santa Fe Corp for $26 billion, he characterized the deal as an all-in wager on the economic future of the United States.
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Buffett eyes GMAC's ResCap: report

Warren Buffett is in talks to buy the troubled residential mortgage company Residential Capital, a unit of GMAC, the New York Post said, citing sources.
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Berkshire broadens board with Comcast's Burke

Warren Buffett's Berkshire Hathaway Inc said on Tuesday Comcast Corp Chief Operating Officer Stephen Burke has been elected as a director, helping broaden a board that consists mainly of long-time insiders.
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Europe's wind companies snap up U.S. stimulus cash

European companies have scooped up the majority of U.S. stimulus money set aside for wind power projects, drawing on their expertise and global reach to tap into Washington's effort to grow the base of renewable energy sources.
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Merger activity to show tepid recovery in 2010

The energy, finance, technology and healthcare industries are expected to be the hottest areas in a dealmaking market that in 2010 is likely to expand gradually from this year's depressed levels.
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Berkshire stock split could beckon eager option traders

Option investors who buy and sell puts and calls for a fraction of the price of actual shares in blue chip companies like McDonald's Corp and Caterpillar Inc will soon get a chance to do the same with Berkshire Hathaway Inc .
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China says to subsidize buyers of green cars

China will subsidize sales of green vehicles in five cities selected for a pilot programme as the government steps up efforts to promote environmentally friendly vehicles in a bid to cut fuel emissions.
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Hershey's trust pushes for Cadbury bid: report

The charitable trust that controls Hershey Co is pushing the company to launch a rival $17 billion bid for Cadbury Plc , the Wall Street Journal reported on Friday, citing people familiar with the matter.

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