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Saturday, November 2, 2019

Buffett's Berkshire tops profit forecasts despite trade drag, record cash

Berkshire Hathaway Inc on Saturday said its quarterly operating profit rose more than analysts expected, as growth in several business lines offset the drag from trade tensions and tariffs and billionaire Warren Buffett's inability to deploy the conglomerate's cash.


from Reuters: Business News https://ift.tt/2PH0JI6

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Trump says he will hike tariffs on EU cars to 25%

The current level of tariffs charged on goods entering the US from the EU is 15%, under a deal negotiated last July. from BBC News https://...