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The Australian | Business Briefing: Rio trumped in bid for Hathor

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    Wall St falls on Italy fears Brendan Conway and Steven Russolillo US stocks fell this morning as investors grew cautious over Italy's ability to implement austerity measures.   Buffett in $10.5bn bet on IBM Erik Holm WARREN Buffett has invested $US10.7 billion in IBM this year, a reversal for the billionaire who has avoided technology stocks.   Rio trumped in bid for Hathor Edward Welsch CAMECO has sweetened its offer for Hathor Exploration to $C625 million, topping a rival offer from mining giant Rio Tinto.   China's rethink on Oakajee Andrew Burrell CHINA'S sovereign wealth fund has launched a review into whether Beijing should rescue the Oakajee port and rail project.   Shale gas bet to dominate Matt Chambers BHP Billiton has revealed the extent of its $US20 billion ($19.44bn) bet on controversial shale gas.   Taxes turn off Chinese investors Damon Kitney TWO major Chinese inv