Markets News Afternoon: Shares slide in Europe and US; US factory orders rose in September; Buffett makes “all-in wager on the economic future of the United States”
Nov 3rd, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Markets news on stocks, currencies and oil; Shares fell in the Europe and US and Irish bank shares had double-digit falls; US factory orders rose in September for the fifth time in six months, boosting hopes that manufacturing will drive the economic recovery and renowned US investor Warren Buffett's holding company Berkshire Hathaway, today announced that it planned to buy railroad Burlington Northern Santa Fe Corp. in what he termed as an “all-in wager on the economic future of the United States.”