Markstone chairman: "We won't invest in companies that require mass lay-offs". To date, the fund has invested $350 million in traditional industry.
he recent rise in the pace of appreciation of China's yuan currency is a good step in the right direction, but China should do more to strengthen its financial system to ensure it continues to have stable economic growth, Treasury Secretary Henry Paulson said today.
Markstone Capital Partners Group LLC will not acquire failing companies whose recovery requires mass lay-offs, Markstone chairman Elliot Broidy told Globes in an exclusive interview.
Businessman and global investor Warren Buffett has sold 16.9 mln shares in PetroChina Co Ltd, reducing his personal stake in the Hong Kong-listed Chinese oil company to 10.96 pct from 11.05, PetroChina said in a filing with the stock exchange.
Labels on bottles will be changed to clarify that the water originates from public sources.
The dollar is at its weakest ever against the euro and has fallen to a 26-year low against the British pound. A look at what the greenback will buy you in Europe this summer.
The world's largest retailer has spent more than $1 billion in Japan, but its Seiyu stores are struggling to overcome consumer apathy and employee distrust. Will it stay the course?
Cliff Goldstein, 42, launched AMIDEX35 last year, a mutual fund index that tracks and invests solely in 35 of Israel's largest companies. The mutual fund's exclusive interest in Israel is a first for any American fund.
United Jewish Communities General Assembly in Los Angeles 2006.
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