China's private sector has good reasons to worry that Beijing could meddle more in businesses in the name of supporting them.

WARREN Buffett said on Saturday (Feb 22) that his conglomerate Berkshire Hathaway will likely increase its ownership in the five Japanese trading houses it holds. Read more at The Business Times.

Daisuke Toyoda, an executive in charge of the project from the automaker's founding family, stressed it’s not “a smart city.” ...

Warren Buffett has run Berkshire since 1965. The Omaha, Nebraska-based company owns Geico car insurance, the BNSF railroad, ...

Mitsubishi, Mitsui, Itochu, Sumitomo and Marubeni — have benefited over the longer-term from Buffett’s interest.