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Xi, Modi to vie for investments on rare simultaneous US visits

On his maiden State Visit to the US aimed at allaying concerns over faltering Chinese economy, President Xi Jinping on Tuesday left for America, coinciding with that of Prime Minister Narendra Modi's trip during which the two Asian leaders will vie for investments and influence in their contrasting styles.


Buffett celebrates 50th year at Berkshire, faces tough questions

"It`s not Disneyland, it`s Warrenland," said David Rolfe, chief investment officer of Wedgewood Partners Inc.

Warren Buffett denies that Berkshire Hathaway ''too big to fail''

The SIFI designation forces companies to submit to Federal Reserve oversight, and could make them adopt tighter capital and liquidity requirements that could impede growth and profitability.

Microsoft mogul Bill Gates joins LinkedIn

Gates made his debut on the professional social networking site with a blog post about the three skills he has learned from Warren Buffet.

Warren Buffett unseats Ortega to become world's 3rd richest person

Within weeks of publishing its annual global rich list, Forbes on Tuesday said legendary investor Warren Buffett has become the world's third richest person, unseating Zara billionaire Amancio Ortega.

Warren Buffett reveals magic mantra behind spectacular investment success

American tycoon Warren Buffett has said investors should focus on quality stock and ‘value’ does not necessarily mean ‘cheap’.

Bill Gates is still richest American: Forbes

Gates, with a net worth USD 66 billion, up USD 7 billion from a year earlier, topped the list for the 19th year in a row, as per the release.

Pay $3.5 million for a lunch with Warren Buffet

The organization said yesterday's winning bidder wished to remain anonymous. Williams said 10 people actively engaged in bidding.

Rajat Gupta was on Rajaratnam's 'Important People' list: Witness

Former Indian-American director of Goldman Sachs director Rajat Gupta was once on convicted hedge fund billionaire Raj Rajaratnam's "important people" list, according to a prosecution witness.

Obama pushes for higher taxes on wealthy

Intensifying his populist pitch, US President Barack Obama has made an aggressive case for imposing more taxes on the rich and criticised those opposing his 'Buffet Rule'.

Buffett says stocks, homes are fairly cheap now

Billionaire Warren Buffett says stocks remain relatively cheap compared to other investments right now, and the economy continues to improve slowly.

Indian-origin Ajit Jain to succeed Warren Buffet?

The name of Jain, who controls the group's major reinsurance business, and few others, has been doing the rounds as potential successors to Buffett.

Jain added many billion dollars to Berkshire value: Buffett

Showering praise on one of his most trusted people Ajit Jain, famed investor Warren Buffett on Saturday said the Indian-origin executive has added "a great many billions of dollars to the value of Berkshire Hathaway".