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OMAHA, Nebraska (AP): Shareholders in Berkshire Hathaway, billionaire investor Warren Buffett's holding company, have rejected a proposal to sell its 2.3 billion shares of PetroChina over concerns about its connection to Sudan
Fund managers at a recent StarBiz roundtable expressed optimism about the prospects for Bursa Malaysia-listed sharesand offered their stock picks. The panellists were Phillip Capital Management Sdn Bhd chief investment officer (CIO) Ang Kok Heng, CMS Dresdner Asset Management Sdn Bhd CIO Scott Lim, Kurnia Insurans Bhd CIO Pankaj Kumar and AmInvestment Sdn Bhd CIO Andrew Wong. Part 1 of the discussion appeared Tuesday
LONDON (AP) - European shares lost ground Thursday, weighed down by mining companies Rio Tinto and BHP Billiton on concerns China will hike interest rates, overshadowing positive margin news from mobile phone giant Nokia and hopes for pharmaceutical-sector earnings.