MUMBAI, July 31- India's Reliance Communications has revived a plan to sell a 51 percent stake in its tower unit, attracting early interest from U.S. private equity firms as well as domestic and American industry players, two sources with direct knowledge of the matter said. Reliance Communications, India's fourth-biggest mobile phone carrier and headed by...» Read More
*Queensland vote to halt cash support for coal infrastructure. MELBOURNE, Feb 5- A shock state election result in Australia's coal-rich Queensland state and heightened pressure to protect the Great Barrier Reef have thrown new doubts over plans by Indian firms to build two huge mines. This included money for a rail line and port planned by India's Adani...
LONDON, Feb 3- British online grocer Ocado reported an annual pretax profit for the first time in its 15 year history on Tuesday and said it aimed this year to seal its first technology deal with an overseas retailer. Ocado, founded by three former Goldman Sachs bankers in 2000, has divided analysts like few other stocks, with some viewing its door-step deliveries...
BOSTON, Feb 2- Billionaire Steven A. Cohen, who oversees only his personal fortune after decades of running one of the world's biggest hedge funds, wants to recruit newly minted college graduates into his army of hundreds of investment professionals. Less than 16 months after Cohen's SAC Capital Advisors pleaded guilty to insider trading charges, the successor...
Feb 2- Casual clothing retailer Lands' End Inc said Chief Executive Edgar Huber would step down in two weeks and be succeeded by Federica Marchionni, the U.S. head of luxury goods retailer Dolce& Gabbana. Huber, who will leave on Feb. 17, has held the top job since August 2011 and led Lands' End spin off from struggling retailer Sears Holdings Corp last year.
LONDON, Feb 2- The value of merger and acquisition deals worldwide soared 28 percent in January compared with the same month last year, with the Asia-Pacific region enjoying its best start to a year on record, according to Thomson Reuters data. Deals in the Asia-Pacific accounted for 43 percent of the total, up from 20 percent last January, beating both Europe and...
Executives are headed to the White House Friday to discuss President Obama's precision medicine initiative, reports, CNBC's Meg Tirrell.
Billionaire investor and real estate entrepreneur Jeff Greene weighs in on the state of the single-family real estate market and higher quality apartments in the U.S.
Jim Thompson, the founder and chairman of Crown Worldwide, celebrated his birthday with pushups.
John Sviokla, PricewaterhouseCoopers, discusses the five habits of highly successful, self-made billionaires.
Rockstar energy drink billionaire founder Russ Weiner's yacht got stuck while being towed under a drawbridge, taking out part of the roof, but no one was hurt. CNBC's Robert Frank says the bridge had been declared "functionally obsolete" 4 years ago.
CNBC's Robert Frank reports Harold Hamm has lost more wealth in 3 months than Eric Schmidt has made in a lifetime.
Activist investor Carl Icahn raised his stake in U.S. car rental company Hertz Global Holdings Inc to 10.77 percent from 8.48 percent.
A 1914 watercolor by Adolf Hitler fetched 130,000 euros ($161,000) at auction in the German city of Nuremberg on Saturday, the auctioneers said.
Indian retailers are struggling to keep up online as e-commerce garner large investments.
Michael Noer, Forbes executive editor, explains how the magazine comprised its list of the world's most powerful people, which includes tech titans, political leaders, and Asian powerhouses.
Billionaire distressed debt investor Marc Lasry tells CNBC that both companies and stocks are bargains.
CNBC.com Managing Editor Allen Wastler reports inequality worrying the wealthy; Steve Ballmer's LA Clippers; and Wal-Mart's category slip-up are the hottest topics on CNBC.com.
One reason why billionaires could be fans of buying sports teams, with CNBC's Josh Lipton.
China may ban Facebook, but not its co-founder Mark Zuckerberg. He delighted an audience of students in Beijing recently by chatting in Mandarin.
Billionaire investor Mark Cuban talks to CNBC about how to change the political conversation to focus on business and success rather than getting bogged down in social issues.