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Millionaires & Billionaires Billionaires

  • MUMBAI, Jan 24- Bharti Airtel, India's largest telecoms network operator, reported its lowest profit in four years as competition from a new rival hit revenues that were also affected by a cash crunch, after the federal government scrapped high-value banknotes. A brutal price war has ensued in India's mobile phone market since the entry late last year of...

  • The White House, which announced the meetings in a schedule released late on Sunday, did not name company executives or union leaders who would take part. White House officials did not immediately respond to a request for more details. The morning gathering will include Dow Chemical Co Chief Executive Officer Andrew Liveris, according to a person briefed on the...

  • "The company is cooperating with the SEC's investigation and cannot predict the eventual scope, duration or outcome of the matter at this time," Herbalife said. Trump has also referred to the FCPA, which is at the heart of the SEC's Herbalife probe, as a "horrible law" that he said puts U.S. companies at a disadvantage. The SEC's probe of Herbalife comes on the heels of a...

  • DAVOS, Switzerland, Jan 20- When it comes to fighting malaria, Bill Gates and Ray Chambers are both inspired and concerned: With victory in sight, will the world's new leaders commit to finally beating this persistent parasite? "The imponderable is what happens with President Trump," said Chambers, the United Nations special envoy for malaria.

  • SHANGHAI, Jan 20- China stocks ended a volatile week on an upbeat note on Friday, as main indexes rose after data showing faster-than-expected economic growth fuelled blue-chips, while a surge in small-caps erased most of the losses earlier in the week. Still, some analysts were wary of the headwinds as Donald Trump prepared to be sworn in as the 45th U.S. president...

  • Jan 19- Las Vegas Sands Corp agreed to pay a $6.96 million criminal penalty to end a U.S. Department of Justice probe into whether it violated a federal anti-bribery law by making payments to a consultant to help it do business in China and Macau. The resolution of the Foreign Corrupt Practices Act case follows Las Vegas Sands' related $9 million civil settlement...

  • Jan 19- Las Vegas Sands Corp agreed to pay a $6.96 million criminal penalty to end a U.S. Department of Justice probe into whether it violated a federal anti-bribery law by paying a consultant to help it do business in China and Macau. In a statement on Thursday, the Justice Department said the casino operator run by billionaire Sheldon Adelson also entered a...

  • NEW YORK, Jan 19- Hollywood mogul David Geffen's $70 million purchase of an oceanfront estate topped luxury home sales last year in New York's Hamptons, but a sharp price drop after the No. 2 spot reveals a dismal year, a local brokerage reported on Thursday. A $63.8 million sale of another oceanfront property in East Hampton, New York, to liquefied natural gas...

  • Jan 19- The billionaire investor George Soros said on Thursday that global markets will falter given the uncertainty of incoming U.S. "Right now uncertainty is at the peak," Soros told Bloomberg News at his annual media dinner held at the World Economic Forum in Davos, Switzerland. Soros, who founded Soros Fund Management LLC and now is chairman of the New York- based...

  • "Right now uncertainty is at the peak, and actually uncertainty is the enemy of long-term investment, so I don't think the markets are going to do very well," Soros told Bloomberg News at his annual media dinner held at the World Economic Forum in Davos, Switzerland. Stocks in the United States shot up after Trump's Nov. 8 election victory, which also gave his...

  • "Right now uncertainty is at the peak and actually uncertainty is the enemy of long-term investment so I don't think the markets are going to do very well," Soros told Bloomberg News at a dinner at the World Economic Forum in Davos, Switzerland.

  • BILLIONAIRE INVESTOR GEORGE SOROS SAYS EUROPE IS NOT GOING TO DISINTEGRATE- BBG TV.

  • Donald Trump speaks at the USA Thank You Tour event at the Wisconsin State Fair Exposition Center in West Allis, Wisconsin, U.S., December 13, 2016.

    CNBC's Robert Frank takes a look at the five wealthiest U.S. presidents.

  • Powerful firms such as Citadel LLC and Millennium Management LLC charge clients for such costs through so-called "pass-through" fees, which can include everything from a new hire's deferred compensation to travel to high-end technology. Clients of losing funds last year, including those managed by Blackstone Group LP's Senfina Advisors LLC, Folger Hill...

  • ATHENS, Jan 19- The Bank of Cyprus expects modest profitability in the coming quarters and will not pay a dividend this year, its chief executive said on Thursday, speaking as its shares were listed on the London Stock Exchange. Run by high-profile veterans of the European banking crisis, with former Royal Bank of Scotland executive John Hourican its CEO and...

  • The partnership, Humanity Ventures, stems from a pledge Soros made in September to earmark up to $500 million for investments to address challenges facing migrants and refugees. Humanity Ventures intends to focus initially on healthcare and education, with a goal of fostering local economic development and entrepreneurship. With the creation of Humanity...

  • Commerce Secretary will not affect his investment fund's shareholdings in the Bank of Cyprus, WL Ross fund management company said on Thursday. Responding to media speculation about WL Ross fund holdings in Bank of Cyprus group and Wilbur Ross's role as vice-chairman of the bank, his company said it would remain "actively involved" with the bank.

  • Powerful firms such as Citadel LLC and Millennium Management LLC charge clients for such costs through so-called "pass-through" fees, which can include everything from a new hire's deferred compensation to travel to high-end technology. Clients of losing funds last year, including those managed by Blackstone Group LP's Senfina Advisors LLC, Folger Hill...

  • NEW YORK, Jan 18- Donald Trump's Indonesian business partner dismissed concerns by ethics officials that the U.S. president-elect's companies' overseas business deals might be vulnerable to conflicts of interest in an interview on Wednesday. Hary Tanoesoedibjo, 51, is the billionaire chairman and chief executive of MNC Group, which is constructing two...

  • *Dollar rises after hitting lowest since Dec. 8. NEW YORK, Jan 18- The dollar rose on Wednesday, boosted by comments from Federal Reserve Chair Janet Yellen that suggested the U.S. central bank was ready to raise overnight interest rates quickly in the coming year. It fell to its lowest since Dec. 8 on Tuesday.