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Millionaires & Billionaires Billionaires

  • BRASILIA/ SAO PAULO, June 17- Brazilian President Michel Temer denied allegations made by a billionaire businessman in a magazine interview published on Saturday that he led a corruption scheme in which politicians squeezed high-profile executives for bribes, and vowed to sue the businessman. The coming week already promises to be a tense one for Temer and...

  • BRASILIA, June 17- Brazilian President Michel Temer denied allegations made by a billionaire business in a magazine interview published on Saturday that he led a corruption scheme in which politicians squeezed high-profile executives for bribes, and vowed to sue the businessman. In a statement, Temer's office said he will take "all appropriate actions"...

  • WASHINGTON— President Donald Trump's Washington hotel saw almost $20 million in revenue during its first few months of operation— a period that coincided with his election and inauguration as the 45th president. The new details were included in a financial disclosure that Trump voluntarily submitted Friday to the Office of Government Ethics, the first...

  • SAO PAULO, June 17- Brazilian President Michel Temer led a corruption scheme in which lawmakers squeezed high-profile executives for bribes, billionaire Joesley Batista told magazine Época in an interview published on Saturday. Former speakers Eduardo Cunha and Henrique Eduardo Alves, as well as Temer's current chief of staff Eliseu Padilha and Cabinet...

  • DUBAI, United Arab Emirates— Social media platform Twitter has suspended the account of Al-Jazeera Arabic amid a wider diplomatic dispute between Qatar and Arab nations. Saudi Arabia has led other Arab nations in cutting diplomatic ties to Qatar on June 5 over allegations the nation supports extremists. Qatar long has denied that.

  • WASHINGTON— President Donald Trump's Washington hotel saw almost $20 million in revenue during its first few months of operation— a period that coincided with his election and inauguration as the 45th president. The new details were included in a financial disclosure that Trump voluntarily submitted Friday to the Office of Government Ethics, the first...

  • ABU DHABI/ SAO PAULO, June 16- Shares of JBS SA erased gains on Friday after a source denied that Abu Dhabi sovereign wealth fund Mubadala Development Co PJSC was arranging partners to make a bid for control of the world's largest meatpacker. Exame, which did not say how it obtained the information, said companies including U.S. food producer Cargill Inc might be...

  • SAO PAULO, June 16- Shares of JBS SA erased gains on Friday after a source denied that Abu Dhabi sovereign wealth fund Mubadala Development Co was arranging partners to make a bid for control of the world's largest meatpacker. Exame, which did not say how it obtained the information, said other bidders, including U.S. food producer Cargill Inc, might be interested in...

  • ABU DHABI, June 16- Abu Dhabi sovereign wealth fund Mubadala Development Co PJSC is not considering arranging partners to make a bid for control of JBS SA, the world's largest meatpacker, a person with direct knowledge of the fund's strategy said on Friday. The person requested anonymity to speak freely about the issue. Earlier in the day, Brazilian financial...

  • SAO PAULO, June 16- Shares of JBS SA jumped on Friday after Brazilian financial magazine Exame reported that Abu Dhabi sovereign wealth fund Mubadala Development Co PJSC is arranging partners to make a bid for control of the world's largest meatpacker. Other bidders, including U.S. food producer Cargill Inc, might be interested in acquiring certain JBS assets,...

  • LONDON, June 16- Business leaders are calling on Prime Minister Theresa May to unilaterally guarantee the rights of millions of EU nationals living in Britain and to honour its financial commitments as it prepares to start talks on its exit from the European Union. She said Britain should grant the 3 million EU nationals already living in Britain the right to...

  • LONDON, June 16- Business leaders are calling on Prime Minister Theresa May to unilaterally guarantee the rights of millions of EU nationals living in Britain and to honour its financial commitments as it prepares to start talks on its exit from the European Union. She said Britain should grant the three million EU nationals already living in Britain the right...

  • BEIJING— A court in northern China on Friday sentenced three employees working for fugitive real estate billionaire Guo Wengui, who has been locked in a high-stakes political feud with the ruling Communist Party. The Dalian case amounted to the first criminal proceedings against Guo's businesses since China filed a request in April with Interpol for a...

  • BEIJING— A court in northern China has sentenced three employees working for fugitive real estate billionaire Guo Wengui, who has been locked in a high-stakes political feud with the ruling Communist Party. Guo fled China and now lives in a $68 million apartment overlooking New York's Central Park. He has cultivated a vast social media following and vowed to...

  • WASHINGTON— Newly obtained emails underscore just how closely Environmental Protection Agency chief Scott Pruitt coordinated with fossil fuel companies while serving as Oklahoma's state attorney general, a position in which he frequently sued to block federal efforts to curb planet-warming carbon emissions. At the time, Oklahoma was one of more than two...

  • June 15- Amazon.com Inc's billionaire founder Jeff Bezos on Thursday turned to an unusual source of inspiration for how to donate part of his wealth: Twitter. His family has also given more than $40 million to Seattle's Fred Hutchinson Cancer Research Center, not far from Amazon's headquarters. Still, Bezos has yet to make charity a cornerstone of his work, like...

  • June 15- Amazon.com Inc's billionaire founder Jeff Bezos on Thursday turned to an unusual source of inspiration for how to donate part of his wealth: Twitter. "I want much of my philanthropic activity to be helping people in the here and now- short term- at the intersection of urgent need and lasting impact," Bezos, one of the world's richest people with a net worth of...

  • NEW DELHI, June 15- BP and Reliance Industries said on Thursday they would invest $6 billion to boost India's gas output from an east coast block and expanded their tie-up to feed the South Asian nation's rising fuel and renewable energy demand. India is replacing China as the driver of fuel demand growth globally. The International Energy Agency expects India...

  • RIYADH, Saudi Arabia— An investment firm chaired by billionaire Saudi Prince Alwaleed bin Talal has invested $62 million in a Dubai- based ride hailing service called Careem, which rivals Uber in the Middle East. The Kingdom Holding Company announced the roughly 7 percent acquisition of Careem on Thursday, which also gives it a seat on the ride hailing app's...

  • *Bompard to take over as Chairman and CEO July 18. PARIS, June 15- Carrefour boss Georges Plassat ended his five-year tenure on an optimistic note on Thursday, telling shareholders his turnaround strategy had put the world's second-largest retailer on a growth path and that his successor would do well. "Alexandre Bompard will take the reins on July 18.