Biz people

Buffett says time to buy in US

Billionaire Warren Buffett, who took a four-country tour of Europe less than a year ago in search of takeover targets, now says buying opportunities are presenting themselves in the US.

With a smaller pot of money remaining to fund deals, prices waning and bidders dropping out, Buffett's Berkshire Hathaway Inc no longer needs to look overseas for acquisitions, Buffett said in a Bloomberg Television interview.