May 2007
February 2007
HONG KONG: Buffett Keeps PetroChina Stake, Rejects Sudan Critics
(via)by John Viljoen
Billionaire Warren Buffett's Berkshire Hathaway Inc. rejected calls to sell shares of PetroChina Co., whose parent operates in Sudan, a nation accused by the U.S. Congress of genocide.
Shedding the stock, which has gained 24 percent over the past year, wouldn't ``have a beneficial effect on Sudanese behavior,'' Berkshire said in a statement. The actions of the Chinese government or parent company China National Petroleum Corp. can't be attributed to PetroChina, the company said.
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