China-dollar denomination exports rose 7.2% while imports fell 1.4% from a year ago Friday showed data from the general administration of customs of the country. Economists surveyed by Reuters had expected that China’s exports denominated by dollar would fall by 0.2% from a year ago, while the forecast of 1% …
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Mario Anzuoni / Reuters Berkshire Hathaway’s Warren Buffett saw an 11% drop in revenue in the second quarter, but nearly $ 30 billion in year-on-year investment gains meant its net income grew 86% to $ 26.3 billion. The investor’s famous conglomerate reported $ 13 billion in net sales last year, …
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Participants spoke with a business representative at the Eastman Kodak booth at an International Consumer Electronics Show. Daniel Acker | Bloomberg | Getty Images A deal that Eastman Kodak would have received funds to produce drug ingredients that could have helped fight the coronavirus is on hold. In a tweet …
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U.S. Treasury Secretary Steven Mnuchin testifies with Jovita Carranza, Administrator of the U.S. Small Business Administration during the Honors of the First Chamber of Small Business and Entrepreneurship, on the implementation of Title I of the CARES Act on Capitol Hill on June 10, 2020 in Washington, DC to investigate. …
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Warren Buffett Gerard Miller | CNBC Berkshire Hathaway announced on Saturday that it was buying some of its own shares in the second quarter as the coronavirus pandemic plagued Warren Kongett’s conglomerate. The company said it bought a total of $ 5.1 billion worth of inventory in May and June. …
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