BEIJING/HONG KONG (Reuters) – China’s Tsinghua Unigroup Ltd plans to invest 300 billion yuan ($47 billion) over the next five years in a bid to become the world’s third-biggest chipmaker, the chairman of the state-backed technology conglomerate said on Monday.
* Futures up: Dow 16 pts, S&P 4 pts, Nasdaq 3.25 pts (Adds details, updates prices)
(Reuters) – Warren Buffett’s Berkshire Hathaway Inc on Monday said it reduced its investment in Goldman Sachs Group Inc by 13 percent during the third quarter.
Nov 16 (Reuters) – Media General rejected a Nexstar Broadcasting Group Inc’s $4.1 billion takeover offer, saying it “significantly undervalues” the company.
LONDON, Nov 16 (Reuters) – European shares reversed early losses on Monday and the safe-haven yen fell against the dollar with analysts seeing no long-term economic impact from Friday’s attacks in Paris.