Buffett’s Berkshire buys 5% stake each in five Japanese trading companies

© Reuters. (Reuters) – Warren Buffett’s Berkshire Hathaway (N:) said on Sunday it has acquired more than 5% stakes in each of the five leading Japanese trading companies. Berkshire Hathaway’s wholly-owned subsidiary, National Indemnity Company, will notify Japan’s Kanto Local Finance Bureau of the stake purchase in Japanese companies Itochu Corp (T:), Marubeni Corp (T:) […]

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U.S. will cap how much each bank can lend under emergency coronavirus program: memo

© Reuters. A person in a mask walks on a nearly empty street in the coronavirus outbreak near the Treasury Department in Washington By Michelle Price and Chris Prentice WASHINGTON (Reuters) – The U.S. government notified lenders on Sunday that it will cap how much each bank can lend under the emergency loan program designed […]

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