Is the Sage of Omaha becoming more acquisitive?

Warren Buffett may be more inclined to acquire industrial companies than to invest in their shares these days.

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Taking action on an urgent issue for all nations

VI. Coordinating energy and environment development

Business International

Toyota increases 2008 sales forecast

Toyota Motor Corp raised its sales forecast for 2008 to 9.85 million vehicles, cementing the company's lead as the world's most profitable carmaker.

Jay-Z quits as Def Jam boss

Universal Music Group said on Monday that Shawn "Jay-Z" Carter is stepping down as president of its Def Jam Records unit, effective by the end of the year.

Tokyo stocks close on high note

Japanese stocks closed at their highest in nearly two weeks yesterday as investors picked up recently pressured shares such as Sony Corp, encouraged by a softening yen and after news from Merrill Lynch prompted a rally on Wall Street.

Singapore snaps up Merrill stake

Merrill Lynch & Co Inc shored up its capital base by as much as $7.5 billion after selling a stake to Singapore's government and an asset manager, and unloading much of a lending business, as it wrestles with huge subprime mortgage losses.

Biz People

Lula: Good prospects in '08

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Business International