Millionaires & Billionaires Billionaires

  • LOS ANGELES, xxxxxx- Disney's "Moana" sailed to the top of the Thanksgiving box office, earning a mighty $81.1 million over the five day holiday period and $55.5 million for the weekend. Disney distribution chief Dave Hollis said that the success of "Moana" and others like it justified the company's decision to make fewer films, while taking bigger bets.

  • CARACAS, Nov 25- Running short of raw materials in mid-2015, Venezuela's two biggest beer makers Polar and Regional publicly chided the socialist government for delays in releasing foreign currency to import hops, barley and tin for cans. Their stance in a joint communique angered President Nicolas Maduro's administration, which allocates dollars to...

  • U.S. President-elect Donald Trump arrives at the the main clubhouse at Trump National Golf Club in Bedminster, New Jersey, U.S., November 19, 2016.

    Trump holds stock in the company building the disputed Dakota Access oil pipeline, and pipeline opponents warn that Trump's investments could affect any decision he makes.

  • MADRID, Nov 24- Spain's Banco Popular has given its backing to Chairman Angel Ron and his plan to separate off the bank's problem property assets even though Ron is under pressure from shareholders who are unhappy with the scheme. In June, Popular raised 2.5 billion euros via a share issue to clean up its property asset portfolio and announced provisions which it...

  • *Fiat Chrysler urges voters to back Italy premier. CASSINO, Italy, Nov 24- One of Italy's foremost business leaders, the CEO of Fiat Chrysler Automobiles, warned on Thursday of serious damage to the country's image if voters rejected constitutional reform in a forthcoming referendum. "I think it is completely unnecessary for Italy to risk that exposure," he said,...

  • NEW DELHI, Nov 24- Indian billionaire Sajjan Jindal's steel-to-power JSW Group plans to diversify into electric car manufacturing, two sources told Reuters, as Prime Minister Narendra Modi's government boosts support for non-polluting vehicles. Electric vehicles that use expensive batteries have failed to take off in cost-conscious and...

  • MADRID, Nov 24- Spain's Banco Popular said that Chairman Angel Ron had the support of the board to carry out a plan to put the bank on a better financial footing after reports of a bid by shareholders to oust him. Ron has led Popular, the listed bank with the biggest exposure to Spain's troubled real estate sector, through a difficult period in which it almost posted...

  • WASHINGTON, Nov 23- President-elect Donald Trump is expected to select Wilbur Ross Jr as secretary of the Commerce Department, the Wall Street Journal reported on Wednesday, citing two people familiar with the deliberations. Ross, 78, is the billionaire chairman of private equity firm W.L. Ross& Co, which is known for buying up failed companies.

  • PARIS, Nov 23- French media group Vivendi said on Wednesday it now held 23.15 percent of Telecom Italia's shares after buying more of the Italian company's stock on the market. Vivendi said it purchased the shares in order to bring its stakeholding back up to previous levels following an earlier dilution of its holding after a Telecom Italia bond issue.

  • Speaking to an advisory council of business leaders, Temer vowed to send a proposal to Congress next month to reform the pension system once lawmakers pass a spending cap. A 20- year-long ceiling on federal spending cap should pass Congress without changes in a few weeks, he added. "The nature of Brazil's crisis is fiscal.

  • Nov 21- President-elect Donald Trump, working to fill administration positions ahead of his inauguration on Jan. 20, was scheduled to hold talks in New York on Monday with former Texas Governor Rick Perry, who is being considered for Cabinet posts including defense, energy and veterans affairs. Trump met with aides and contenders for top U.S. posts over the...

  • *Vietnam's biggest brewer Sabeco to make debut in Dec. HO CHI MINH CITY, Nov 21- Vietnam's sputtering privatization drive is set for a major boost next month with shares sales from the country's biggest dairy firm Vinamilk and budget carrier VietJet Air worth a combined $1 billion flagged. Vietnam's State Capital Investment Corporation said on Monday it would...

  • HO CHI MINH CITY, Nov 21- Vietnam's State Capital Investment Corporation said on Monday that it did not have a specific buyer in mind for its 9 percent stake in Vinamilk and that the shares would go to the highest bidders at the sale next month. SCIC, which represents the state and owns 44.7 percent of Vinamilk, has not decided the time for selling its remaining stake...

  • WASHINGTON, Nov 19- President-elect Donald Trump held talks on Saturday with 2012 Republican presidential nominee Mitt Romney, a meeting between famous foes fueling speculation that Romney could be in line to be the new U.S. secretary of state. On Friday it was announced that Trump had chosen Republican Senator Jeff Sessions to be attorney general, retired...

  • WASHINGTON, Nov 19- President-elect Donald Trump held talks on Saturday with 2012 Republican presidential nominee Mitt Romney, a meeting between famous foes fueling speculation that Romney could be in line to be the new U.S. secretary of state. On Friday it was announced that Trump had chosen Republican Senator Jeff Sessions to be attorney general, retired...

  • WASHINGTON, Nov 19- President-elect Donald Trump held talks on Saturday with 2012 Republican presidential nominee Mitt Romney, a meeting between famous foes fueling speculation that Romney could be in line to be the new U.S. secretary of state. On Friday it was announced that Trump had chosen Republican Senator Jeff Sessions to be attorney general, retired...

  • President-elect Donald Trump's Cabinet have emerged, including former CIA chief and retired General David Petraeus as a potential defense secretary, according to a Wall Street Journal report. On Friday it was announced that Trump had chosen Republican Senator Jeff Sessions to be attorney general, retired Lieutenant General Michael Flynn to be national...

  • President-elect Donald Trump's Cabinet have emerged, including former CIA chief and retired General David Petraeus as a potential defense secretary, according to a Wall Street Journal report. On Friday it was announced that Trump had chosen Republican Senator Jeff Sessions to be attorney general, retired Lieutenant General Michael Flynn to be national...

  • President-elect Donald Trump's Cabinet have emerged, including former CIA chief and retired General David Petraeus as a potential defense secretary, according to a Wall Street Journal report. On Friday it was announced that Trump had chosen Republican Senator Jeff Sessions to be attorney general, retired Lieutenant General Michael Flynn to be national...

  • NEW YORK, Nov 18- U.S. voters' decision to install Donald Trump in the White House may extend the life of the aging, seven-year bull market in U.S. stocks. "The earnings impact of President-elect Trump will outweigh whatever increase in bond interest rates comes about," said Steven Einhorn, vice chairman of hedge fund Omega Advisors Inc, which invests about $4 billion.