Three years ago, the financial crisis spread across the globe, dragging the world into its deepest recession in seven decades. Now, the U.S. recovery is losing momentum, but economists say this time, when America sneezes, the w…
Sinopec Group (SHI), China’s second-largest oil and gas producer, will invest $7.1 billion in Repsol’s (REP) Brazilian unit.
Sinopec will buy new shares in the Spanish company’s Brazilian unit, giving the Chinese company a 40% stake, Bloomberg News s…
A bill, passed by the U.S. House of Representatives Wednesday, would let U.S. companies petition for duties on Chinese imports — a move that would hurt the global economy if it became law, the Chinese government said.
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How can investors earn double-digit returns? According to bond guru Bill Gross, they probably can’t: “A future of low investment returns, and a heap of trouble for those expecting more, is what lies ahead,” Gross warns in his l…
Bill Gates and Warren Buffett are scheduled to dine with Chinese businessmen Wednesday in a bid to promote philanthropy in the world’s second-largest economy.
The dinner will be held at a mansion, modeled after the baroque 17th century Chateau de Maisons-Laffitte in France, on the edge of Beijing, The Associated Press said.
Invitees include Pan Shiyi and Zhang Xin, chairman and CEO…
Continue reading Gates, Buffett Will Promote Philanthropy to China’s Rich
Gates, Buffett Will Promote Philanthropy to China’s Rich originally appeared on DailyFinance on Wed, 29 Sep 2010 08:39:00.
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