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Buffett's Business Wire cuts feeds to speed traders

Warren Buffett

An introduction from a friend, meeting up for a coffee, exchanges of text messages. An introduction from a friend, meeting up for a coffee, exchanges of text messages. said it had done "nothing wrong" but that a Wall Street Journal article "may have caused some misperceptions, and that was of deep concern to us."

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HSBC expansion curtailed by China slowdown

London based HSBC has had its expansion plans throughout Asia dashed by slowing economic growth in China and increased market volatility throughout the region, according to Moody's Investors Service.