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Jeffrey Gundlach, chief executive of DoubleLine Capital, warned on Wednesday that rate cuts by the U.S. Federal Reserve were not going to stop a recession from happening and that "once the Fed is in easing mode, it is already too late."

WASHINGTON, Aug 14 (Thomson Reuters Foundation) - Property heirs on Wednesday described to government officials the lengthy court cases, tense family disputes and expensive legal research required to keep property that was rightfully theirs, amid generations of land loss.

Fears of shortages in emergency drugs spurs £25m ‘express freight’ contract

The Panama Canal will allow vessels coming from Venezuela to transit the waterway provided they present the necessary paperwork, the canal authority's chief said on Wednesday, suggesting a new round of U.S. sanctions on the South American country may not make any difference to canal traffic.

Billionaire U.S. investor William Ackman has long described how Warren Buffett, often called the greatest stock picker ever, has influenced his career. Now he's paying the Oracle of Omaha the ultimate homage with a new investment in Buffett's Berkshire Hathaway .

Australian shares are set to open sharply lower on Thursday, following steep falls in global equity markets, as growing fears of a looming recession in the world's largest economy is expected to dent local sentiment. Yields on two-year U.S. Treasury notes rose above the benchmark 10-year...

Warren Buffett's Berkshire Hathaway Inc on Wednesday said it boosted its stake in Amazon.com Inc by 11% during the second quarter, increasing its bet on the powerful online retailer even as stocks traded near record highs.

Foreign joint venture partners with Venezuelan state-owned oil company PDVSA are concerned the latest set of U.S. sanctions on the South American country could disrupt their operations, three industry sources said.

Brazilian financial markets slumped on Wednesday, with stocks posting their biggest fall since March and the currency at its weakest level since May as fears grew that a recession in the United States could be on the horizon.

* Police fire tear gas at fresh demonstrations (Adds U.S. official on paramilitary movements, details)