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Millionaires & Billionaires Billionaires

  • SYDNEY, Feb 21- Australia will weigh long-term geopolitical considerations when it vets proposals by foreigners to buy critical infrastructure assets such as power grids and ports, the government said on Tuesday. Last month, the Australia announced the creation of a new critical infrastructure center to oversee sensitive assets. Australia last year...

  • SYDNEY, Feb 21- Australia will weigh long-term geopolitical considerations when it vets proposals by foreigners to buy critical infrastructure assets such as power grids and ports, the government said on Tuesday. Last month, the Australia announced the creation of a new critical infrastructure center to oversee sensitive assets. Australia last year...

  • SYDNEY, Feb 21- Australia will weigh long-term geopolitical considerations when it vets proposals by foreigners to buy critical infrastructure assets such as power grids and ports, the government said on Tuesday. Last month, the Australia announced the creation of a new critical infrastructure centre to oversee sensitive assets. Australia last year...

  • SYDNEY, Feb 21- Australia will weigh long-term geopolitical considerations when it vets proposals by foreigners to buy critical infrastructure assets such as power grids and ports, the government said on Tuesday. Last month, the Australia announced the creation of a new critical infrastructure centre to oversee sensitive assets. Australia last year...

  • The deal, which will likely value Popeyes at more than $1.7 billion, is a bet by Oakville, Ontario- based Restaurant Brands that it can use its international reach to introduce Popeyes' Louisiana-style fried chicken and buttermilk biscuits to more diners globally. Restaurant Brands did not respond immediately to a request for comment, while Popeyes decline to...

  • Feb 20- Acquire, slash costs, repeat. Billionaire investor Warren Buffet and buyout firm 3 G Capital's failed $143 billion bid to combine their food conglomerate Kraft Heinz Co with Unilever Plc shows their winning formula now needs a growth boost. "Perhaps Kraft will now acquire another medium-sized U.S. food company, like General Mills Inc, Kellogg Co, or...

  • *Kraft camp had told UK Business Secretary details of plan. LONDON, Feb 20- Kraft Heinz Co's rapid retreat from its surprise $143 billion bid for Unilever in the face of stiff resistance knocked the Anglo-Dutch company's shares on Monday as investors assessed the impact of the failed approach. Kraft laid out its plan to create a consumer goods behemoth with...

  • *Kraft camp feared UK political opposition to takeover. LONDON, Feb 20- Kraft Heinz Co's rapid retreat from its surprise $143 billion bid for Unilever in the face of stiff resistance from the company and politicians sent shares in the Anglo-Dutch group 8 percent lower on Monday. Britain's response was also a concern after Prime Minister Theresa May signalled...

  • TBILISI, Georgia— Thousands of Georgians have rallied in the capital in support of the country's opposition-minded television station that they suspect is about to be transferred to a more government-friendly owner. Rustavi-2 is Georgia's most popular TV station and the Sunday demonstration on Tbilisi's main avenue attracted people from a wide...

  • BOSTON— Native Americans hope President Donald Trump doesn't forget America's first inhabitants as he promises to put "America first." Five large tribes in Oklahoma— the Cherokee, Chickasaw, Choctaw, Muscogee Creek and Seminoles— have requested a meeting with the New York billionaire during his first 100 days in office so they can talk about ways to advance their...

  • Feb 17- Buyout firm 3 G Capital managed to build a consumer empire with a market value of over $140 billion in just seven years. Yet its ruthless approach to costs may end up hampering 3 G-backed Kraft Heinz Co's $143 billion bid for Unilever Plc.. Its investment approach has attracted backers ranging from billionaire investor Warren Buffett, who has helped...

  • LONDON, Feb 17- U.S. food company Kraft Heinz Co made a surprise $143 billion offer for Unilever Plc in a bid to build a global consumer goods giant, although it was flatly rejected on Friday by the maker of Lipton tea and Dove soap. A combination would be the third-biggest takeover in history and the largest acquisition of a UK- based company, according to Thomson...

  • SACRAMENTO, Calif.— A mortgage services company signed a $225 million settlement with California regulators on Friday to settle allegations it overcharged active-duty military members, was late in providing key information for some civilian borrowers seeking to modify their loans and violated other laws. Florida- based Ocwen Loan Servicing agreed to pay...

  • LONDON, Feb 17- U.S. food company Kraft Heinz Co made a surprise $143 billion offer for Unilever Plc in a bid to build a global consumer goods giant, although it was flatly rejected on Friday by the maker of Lipton tea and Dove soap. A combination would be the third-biggest takeover in history and the largest acquisition of a UK- based company, according to Thomson...

  • WASHINGTON, Feb 17- President Donald Trump's pledge to bring massive investments in U.S. infrastructure projects showed new signs of life on Friday after lying dormant for weeks, as leading Republican lawmakers said proposals from the administration could be in the offing. He has previously voiced concern over adding to budget deficits with a new injection...

  • LONDON, Feb 17- U.S. food company Kraft Heinz Co made a surprise $143 billion offer for Unilever in a bid to build a global consumer goods giant, although it was flatly rejected on Friday by the maker of Lipton tea and Dove soap. A combination would be the third-biggest takeover in history and the largest acquisition of a UK- based company, according to Thomson Reuters...

  • A combination would be the third-biggest takeover in history and the largest acquisition of a UK- based company, according to Thomson Reuters data, triggering British fears over jobs. It would bring together some of the world's best known brands, from toothpaste to ice creams, and combine Kraft's strength in the U.S. with Unilever's in Europe and Asia.

  • A combination would be the third-biggest takeover in history and the largest acquisition of a UK- based company, according to Thomson Reuters data, triggering British fears over jobs. It would bring together some of the world's best known brands, from toothpaste to ice creams, and combine Kraft's strength in the U.S. with Unilever's in Europe and Asia.

  • Dormant for nearly six years, NASA's Launch Complex 39 A should see its first commercial flight this weekend. The accident prompted SpaceX to whip 39 A into shape sooner than anticipated under its lease with NASA. NASA built 39 A, as it's commonly known, in the mid-1960s for the monstrous Saturn V moon rockets.

  • *Unilever says $50/ shr bid too low. LONDON, Feb 17- Unilever rejected a surprise $143 billion takeover bid from U.S. food company Kraft Heinz Co on Friday, saying it saw no reason to discuss a deal which it said had no financial or strategic merit. A combination of the two multinationals would be the third-biggest takeover in history and the biggest ever acquisition...