- U.S. timber company Weyerhaeuser reported a fall in third-quarter profit on Thursday, hurt by lower sales of its wood products.
Sales volumes for lumber were down due to reduced production at several mills, partially driven by temporary operational disruptions, the company said. The company posted a profit of $239 million, or 33 cents per share, for the three months ended Sept. 30, compared with $310 million, or 42 cents per share, a year earlier.Warren Buffett is set to indirectly bet on a tiny nation that's the world's fastest-growing economy and an emerging oil superpower
The founder of Chinese property developer Evergrande — who was once Asia's second-richest person — is no longer a billionaire
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: