Stories about Finance

Mar 02 2016

Moody's may cut China's credit rating

Moody's, however, retained China's Aa3 rating, noting the country's sizeable reserves gave it time to implement reforms and gradually address economic imbalances. Banks e...

Mar 02 2016

Automakers post healthy February sales gains

Tucson CUV was a highlight, with a 90 percent increase in sales. All gains are versus last February. CEO Sergio Marchionne said Tuesday he saw "no reason for pessimis...

Mar 02 2016

ITV sees profits rise 18% despite falling audience share

Adam Crozier, ITV's chief executive, said ITV Studios was the world's most profitable TV production business outside the Hollywood studios. "Through our ongoing investmen...

Mar 02 2016

AB InBev to sell SABMiller stake in China's Snow beer

The Belgian-Brazilian brewing company AB InBev announced a year ago that it would take over SABMiller for $121bn, which will become the third biggest ever acquisition in ...

Mar 02 2016

Buffett says distracted driving is a growing problem

On top of Berkshire's own lagging stock performance, many of Buffett's favorite stocks also suffered. Tucked into Berkshire Hathaway's 2015 annual report was a pointed...