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BHP Billiton faces legal spat in which all tactics are deemed fair

Sainsburys store front

It is ridiculous for the Brazilian independent prosecution service to argue that the damages for the disaster at Samarco, an iron ore operation owned by Vale and BHP Billiton, should be the same as those paid by BP after its Deepwater Horizon catastrophe in the Gulf of Mexico in 2010. There is no link between the two incidents.

Berkshire Hathaway's annual meeting: The highlights

Warren Buffett

Berkshire Hathaway held its annual shareholders meeting on Saturday, and attendees listened closely to Chairman and CEO Warren Buffett and Vice-Chairman Charlie Munger at what observers call "Woodstock for Capitalism."

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