Filed Under (Business News) by Fred Chan on 01-03-2009
Billionaire Warren Buffett is optimistic about the prospects for his company and the United States even though both remain mired in an economic mess he expects to continue for at least another year.
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Filed Under (Business News) by Fred Chan on 01-03-2009
HSBC PLC plans to raise billions of pounds (dollars) in a new share issue to increase its capital reserves amid the economic downturn, newspapers reported on Saturday.
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Filed Under (World Economy) by Fred Chan on 01-03-2009
European Union regulators said Saturday that France has promised to avoid protectionist conditions in a billion euro (dollar) rescue package for car makers.
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