GO
Loading...

Enter multiple symbols separated by commas

Millionaires & Billionaires Billionaires

More

  • NEW YORK, March 25- When Kraft Foods Group merges with H.J. Heinz Co, they will share a name, a central place in the American kitchen and two headquarters near Chicago and Pittsburgh. Heinz's backer, Brazilian private equity firm 3 G Capital Partners, has made a name for itself by aggressively trimming the fat from food and beer companies struggling for growth.

  • Oil to reach $100 a barrel by end of 2016 -Pickens Wednesday, 25 Mar 2015 | 2:03 AM ET

    SAN FRANCISCO, March 24- Oil prices could hit $100 a barrel by the end of next year, U.S. oil magnate T. Boone Pickens said on Tuesday, revising his previous forecast which said they would reach that level as early as this year. "I think you could very well be at $100 a barrel by the end of 2016," the 86- year-old billionaire and chair of BP Capital told an audience of about 100...

  • NEW YORK, March 23- Revlon Inc has reached a settlement with a former chief scientific officer whose claims the company's chief executive made derogatory statements about Jews, Americans and black people went viral on social media. Revlon said in a statement that the case was "amicably resolved." Meyers, who joined Revlon in 2010 and was fired in December last year,...

  • BUENOS AIRES, March 22- Citigroup Inc said it has been authorized by a U.S. judge to process two Argentine debt payments, the bank said, which could ease tensions between the bank and the default-hit nation. District Judge Thomas Griesa in New York ruled that Argentina must settle with the hedge funds seeking full payment on their defaulted sovereign bonds before...

  • March 20- Wal-Mart Stores Inc shareholders will vote in June at the company's annual meeting on electing an independent board chairman, after U.S. regulators rejected a request by the retailer to block the proposal. Wal-Mart had argued that the proposal, submitted by the International Brotherhood of Teamsters General Fund, should be omitted because it was...

  • Wealth gap revolution? Friday, 20 Mar 2015 | 4:16 PM ET
    Wealth gap revolution?

    "Shark Tank" investor Kevin O'Leary reacts to billionaire warnings of income inequality in the U.S.

  • *Armed men raid state-owned oil company in Kiev. KIEV, March 20- A raid by a group of armed men in combat fatigues on a state-owned oil company in the Ukrainian capital Kiev caused uproar in parliament on Friday and thrust banking billionaire Ihor Kolomoisky into the spotlight. Kolomoisky, governor of the eastern Dnipropetrovsk region and one of Ukraine's...

  • MEXICO CITY, March 19- A subsidiary of Mexican billionaire Carlos Slim's Grupo Financiero Inbursa bank has entered two loan agreements for nearly $700 million, pledging America Movil stock as collateral, according to a filing published on Thursday. The unit, Control Empresariales de Capitales, agreed on March 11 with HSBC to borrow up to 300 million euros and...

  • TOKYO/ BILOXI, Mississippi, March 19- Japan's tax authorities have begun a review of how slot machine maker and casino developer Universal Entertainment accounted for $40 million in payments made in 2010 to an associate of the Philippines' top gambling regulator at that time, people with knowledge of the matter told Reuters. On Wednesday, Universal said in a...

  • BILOXI, Miss., March 19- Japanese slot machine tycoon Kazuo Okada had his license renewed on Thursday by Mississippi's state gaming regulator, but with a newly added condition that an ongoing FBI investigation related to his Philippines casino project is resolved without charges against him. The open-door hearing was the first known public appearance by...

  • Iron ore gloom chills Fortescue bond sale Thursday, 19 Mar 2015 | 4:37 AM ET

    NEW YORK/ MELBOURNE, March 19- A treacherous snowstorm snarled flights the day Fortescue Metals Group's CFO touched down in New York on a mission to tap the loan market for $2.5 billion to help the world's no.4 iron ore miner ride out collapsing iron ore prices. The timing was terrible- as Stephen Pearce battled through the frigid Manhattan weather, another squall...

  • Gates, Bloomberg take on Big Tobacco with $4M fund Thursday, 19 Mar 2015 | 4:33 AM ET
    Michael Bloomberg

    Countries facing potentially pricey legal challenges from big tobacco firms are to get help from a fund created by Bill Gates and Michael Bloomberg.

  • MEXICO CITY, March 18- Mexican telecommunications company Axtel will become the first virtual operator on billionaire Carlos Slim's mobile network, Axtel said in a statement on Wednesday. The arrangement came about as part of talks that ended a long-standing dispute about interconnection charges between Axtel and Slim's America Movil.

  • RIO DE JANEIRO, March 18- Brazil's securities regulator fined former billionaire Eike Batista 1.4 million reais for failing to promptly let investors know about a takeover and the delisting of parts of his once-giant EBX energy, mining, port and shipbuilding group. The regulator fined Batista 300,000 reais because responses to media reports about a takeover...

  • RIO DE JANEIRO, March 18- Brazil's securities regulator CVM said on Wednesday that former billionaire Eike Batista failed to provide investors with timely information about a takeover and on the delisting of companies as his EBX energy, mining, port and shipbuilding empire tottered and then collapsed. The regulator fined Batista 300,000 reais because...

  • LONDON, March 18- Developing countries facing potentially pricey legal challenges from big tobacco firms are to get help from a new $4 million fund created by the philanthropists Bill Gates and Michael Bloomberg. Bloomberg and Gates, the billionaire co-founder of Microsoft, cited examples such as Uruguay, which since 2010 has been fighting a legal challenge...

  • RIO DE JANEIRO, March 18- Brazil's securities regulator said on Wednesday that former billionaire Eike Batista failed to provide investors with timely information about a takeover and on the delisting of a company as his EBX energy, mining, port and shipbuilding empire collapsed starting in 2013.. The regulator fined Batista 300,000 reais because responses...

  • LONDON, March 18- Developing countries facing potentially pricey legal challenges from big tobacco firms are to get help from a new $4 million fund created by the philanthropists Bill Gates and Michael Bloomberg. Bloomberg and Gates, the billionaire co-founder of Microsoft, cited examples such as Uruguay, which since 2010 has been fighting a legal challenge...

  • LONDON, March 18- The British government is still considering Russian billionaire Mikhail Fridman's acquisition of North Sea gas fields, but has made clear it has the power to require him to sell the assets, Prime Minister David Cameron's spokesman said on Wednesday. Fridman, whose fund LetterOne bought 11 UK gas fields as part of a 5 billion euro takeover of...

  • HONG KONG, March 18- Chinese banks have extended Evergrande Real Estate Group a 100 billion yuan credit lifeline, as a slump in China's key property sector pressure one of the biggest and most indebted developers. Evergrande, China's fourth largest property developer by sales, said the credit lines had been extended by four major state-owned banks since...