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Millionaires & Billionaires Billionaires

  • GUNUNG GEDE PANGRANGO, Indonesia— Shrouded in mist and cloud, the twin volcanoes of the lushly forested Gunung Gede Pangrango national park are the brooding guardians of nature's last stand on teeming Java island. Indonesia's overflowing, polluted capital is a couple of hours north, and with Trump-branded properties being built next to this protected area,...

  • MACAU, March 29- Overseas visitors are an increasingly common sight in Chinas gambling territory of Macau which is trying to diversify an economic model that has depended on mainland high rollers for more than a decade. Now the government has hearkened calls to reposition Macau as a tourism destination, with the number of international visitors growing 8...

  • rejected a proposal by billionaire investor David Einhorn to split its common stock into two classes to help boost its share price. Einhorn, who runs hedge fund Greenlight Capital, wants management to split its common stock into two classes: one that would receive the current dividends and one that would participate in all earnings and future growth of the...

  • rejected a proposal by billionaire investor David Einhorn to split its common stock into two classes to help boost its share price, saying the plan creates unacceptable risk for the country's largest automaker. Einhorn, who runs hedge fund Greenlight Capital, wants management to split its common stock into two classes: one that would receive the current...

  • More than 350 pages long, the suit initially filed by Helga Glock in October 2014 included salacious allegations and drew unflattering comparisons between Gaston Glock and Shakespeare's King Lear. It accused Gaston Glock, his associates and related companies of participating in a decades-long, worldwide racketeering scheme to take money from Helga Glock...

  • March 28- General Motors Co is being pushed by billionaire investor David Einhorn to split its common stock into two classes to help boost its share price, but the country's largest automaker swiftly rejected the plan on Tuesday. Einhorn, who runs hedge fund Greenlight Capital, wants management to split its common stock into two classes: one that would receive...

  • NEW YORK— Tech billionaire Elon Musk is announcing a new venture called Neuralink focused on linking brains to computers. The company plans to develop brain implants that can treat neural disorders— and that may one day be powerful enough to put humanity on a more even footing with possible future superintelligent computers, according to a Wall Street Journal...

  • *Executives see scope to lure Middle East shoppers online. DUBAI, March 28- Souq.com will expand its workforce and operations after Amazon clinched a deal to buy 100 percent of the Middle East online retailer, executives from both firms said. Amazon and Souq.com said earlier on Tuesday they had agreed on the takeover, despite an eleventh-hour bid by Dubai...

  • *Executives see scope to lure Middle East shoppers online. DUBAI, March 28- Souq.com will expand its workforce and operations after Amazon clinched a deal to buy 100 percent of the Middle East online retailer, executives from both firms said. Amazon and Souq.com said earlier on Tuesday they had agreed on the takeover, despite an eleventh-hour bid by Dubai...

  • *Executives see scope to lure Middle East shoppers online. DUBAI, March 28- Souq.com will expand its workforce and operations after Amazon clinched a deal to buy 100 percent of the Middle East online retailer, executives from both firms said. Amazon and Souq.com said earlier on Tuesday they had agreed on the takeover, despite an eleventh-hour bid by Dubai...

  • DUBAI, March 28- Amazon.com has agreed to buy Middle East online retailer Souq.com, thwarting a last-minute bid by Dubai billionaire Mohamed Alabbar's Emaar Malls. In a deal document seen by Reuters, Goldman said the acquisition would accelerate Amazon's entry into "attractive Middle East countries with significant growth potential given e-commerce only...

  • DUBAI, March 28- Amazon.com has agreed to buy Middle East online retailer Souq.com, thwarting a last minute bid by Dubai billionaire Mohamed Alabbar's Emaar Malls. The deal appeared to get the endorsement of the Dubai government which is increasingly focusing on technology. The Emar offer was not the first online move to be made by Alabbar, who made his name as...

  • KHOBAR/ DUBAI, March 28- Citigroup has formally applied for a license to conduct capital markets business in Saudi Arabia, two sources familiar with the matter said, in a move to return to the country after an absence of nearly 13 years. The application has been made with Saudi Arabia's Capital Market Authority, whose primary role is to regulate and develop the...

  • KHOBAR/ DUBAI, March 28- Citigroup has formally applied for a licence to conduct capital markets business in Saudi Arabia, two sources familiar with the matter said, in a move to return to the country after an absence of nearly 13 years. The application has been made with Saudi Arabia's Capital Market Authority, whose primary role is to regulate and develop the...

  • A Russian bank under Western economic sanctions over Russia's incursion into Ukraine discloses that its executives had met Jared Kushner, Trump's son-in-law and a top White House adviser, during the 2016 election campaign. Kushner, already a White House senior adviser, will take on the additional task of overseeing an effort to overhaul the federal...

  • A Russian bank under Western economic sanctions over Russia's incursion into Ukraine discloses that its executives had met Jared Kushner, Trump's son-in-law and a top White House adviser, during the 2016 election campaign. Kushner, already a White House senior adviser, will take on the additional task of overseeing an effort to overhaul the federal...

  • A Russian bank under U.S. economic sanctions over Russia's incursion into Ukraine discloses that its executives had met Jared Kushner, Trump's son-in-law and a top White House adviser, during the 2016 election campaign. Trump will announce that Kushner will oversee a broad effort to overhaul the federal government, a White House official confirms.

  • Jared Kushner, Trump's son-in-law and a top White House adviser, has volunteered to testify to a Senate committee probing whether Russia tried to interfere in the 2016 presidential election, the White House says. Trump will announce that Kushner will oversee a broad effort to overhaul the federal government, a White House official confirms.

  • NEW YORK, March 27- Bill Gross has reached a roughly $81 million settlement of his lawsuit against Pacific Investment Management Co, ending a bitter 2-1/ 2- year drama over the well-known bond investor's abrupt departure from one of the world's biggest asset managers. Gross, who now works for Denver- based Janus Capital Group Inc, left Pimco following negative...

  • WASHINGTON, March 27- Several Democratic senators pressed billionaire investor Carl Icahn on Monday to clarify his role as an adviser to President Donald Trump, saying his position in the administration raised "alarming" questions about potential conflicts of interest with his stakes in the biofuels and pharmaceutical industries. The senators, led by...