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  • WASHINGTON— The Supreme Court has declined to disturb the conviction of a former Goldman Sachs and Procter& Gamble board member on charges of conspiracy and securities fraud. The justices had no comment Monday on their order rejecting Rajat Gupta's appeal of his 2012 conviction for feeding lucrative inside tips about Goldman to a billionaire hedge fund...

  • HONG KONG, April 19- The green energy potential of thin-film solar panels has propelled Li Hejun to the top of China's rich-list, but his Hanergy Holdings has yet to prove it can turn impressive laboratory research into commercially successful products. Hanergy Thin Film Power, a Hong Kong- listed unit, has seen its value soar six-fold in the past year to $37...

  • BLOOMFIELD HILLS, Mich.— Son: Michigan billionaire philanthropist, shopping mall developer A. Alfred Taubman dies.

  • BLOOMFIELD HILLS, Mich.— A. Alfred Taubman, the self-made Michigan billionaire whose philanthropy and business success— including weaving the enclosed shopping mall into American culture— was clouded by a criminal conviction late in his career, has died. Taubman, who donated hundreds of millions of dollars to universities, hospitals and museums, died Friday...

  • MEXICO CITY, April 17- Shareholders in Mexico's America Movil on Friday approved a plan to spin off around 10,800 cell towers into a new company, Telesites, that will open up their use to competitors, the company said in a statement. Under the plan, current shareholders will receive the same number and series of shares in Telesites, which will be listed on Mexico's...

  • *Bollore cautions deal-making will take time, prudence. PARIS, April 17- Vivendi's chairman and main shareholder Vincent Bollore won double voting rights at the company's annual shareholders' meeting on Friday after opponents failed to get support for their motion to keep a one-share-one-vote structure. Bollore, a billionaire who made his name as a corporate...

  • CAPE CANAVERAL, Florida— The SpaceX supply ship arrived at the International Space Station on Friday morning, delivering the world's first espresso machine designed exclusively for astronauts. Italian astronaut Samantha Cristoforetti captured the Dragon capsule, which arrived three days after its Florida launch, with the help of a giant robot arm.

  • MOSCOW, April 17- Russian railcar manufacturer United Wagon Company plans to float at least 10 percent of its shares on the Moscow exchange, it said on Friday, representing Russia's first initial public offering in more than a year. Russia's most recent IPO was by budget hypermarket chain Lenta in February last year, weeks before Moscow annexed the Crimea region...

  • MOSCOW, April 17- Russia's United Wagon Company said on Friday it planned an initial public offering on the Moscow Exchange of at least 10 percent of its shares by the end of the month. The company, part of the ICT Group headed by Russian billionaire Alexander Nesis, said in a statement that the share price would be announced prior to the placement.

  • *Bollore is Vivendi's biggest holder, chairman. PARIS, April 16- Billionaire businessman Vincent Bollore is likely to tighten his hold on French media group Vivendi when shareholders decide on Friday whether to give long-term investors double voting rights. Going into Vivendi's annual meeting, Bollore is the uncontested leader of the 162- year-old...

  • Ex-Fed chair Bernanke joins hedge fund Citadel as advisor Thursday, 16 Apr 2015 | 10:59 AM ET

    BOSTON, April 16- Ben Bernanke, the former Federal Reserve chairman and one of the world's most closely watched economic thinkers, is joining one of the most successful hedge funds as an advisor, Citadel LLC said in a statement on Thursday. Last month former Federal Reserve Board governor Jeremy Stein joined BlueMountain as an advisor and Bernanke's...

  • MOSCOW, April 16- Energy trader Gunvor has sold its 30 percent stake in Russian coal producer Kolmar, the Swiss-based trader said on Thursday. Gunvor, one of the world's top five oil trading houses, has been looking to cut exposure to Russia by selling assets. The company's former co-owner, Russian billionaire Gennady Timchenko, sold his stake in Gunvor last year...

  • MOSCOW, April 16- Energy trader Gunvor has sold its 30 percent stake in Russian coal producer Kolmar, the Swiss-based trader said on Thursday. The stake has been sold to Mokara Enterprises Limited, owned by Russian businessman Andrei Bokarev, Gunvor said in a statement. The company's former co-owner, Russian billionaire Gennady Timchenko, sold his stake in...

  • UPDATE 1-Bernanke to advise hedge fund Citadel - NYT Thursday, 16 Apr 2015 | 3:38 AM ET

    Federal Reserve, has agreed to become a senior adviser to Citadel Investment Group, a $25 billion hedge fund founded by billionaire investor Kenneth Griffin, the New York Times reported on Thursday. Bernanke's predecessor, Alan Greenspan, joined hedge fund Paulson& Co as adviser in 2008. Jeremy Stein, a Federal Reserve Board governor for two years, joined hedge...

  • London stakes its claim as global bitcoin hub Wednesday, 15 Apr 2015 | 6:57 PM ET
    Bitcoins

    London, center of the $5-trillion-a-day global currency market, now wants to be home to a controversial upstart - bitcoin.

  • Walgreens said it will improve pricing and promotions while driving the performance of brands such as No7, Boots Pharmaceuticals and Well at Walgreens. Walgreens also emphasized strategic advantages from its pharmaceutical wholesale business, which allows the company to enter new markets more rapidly than its retail business. "In November our senior...

  • Brazil court overturns election of Usiminas board members Wednesday, 15 Apr 2015 | 5:11 PM ET

    RIO DE JANEIRO, April 15- A Brazilian court on Wednesday overturned the election of two members to the board of steelmaker Usiminas, after one of the company's main shareholders argued the elections did not follow correct corporate procedure. The company is controlled by main shareholders Luxembourg- based Ternium SA, which took the election of the two board...

  • BANGKOK, April 16- The last two times Thailand's army grabbed control, in 2006 and 2014, fortune teller Warin Buawiratlert called it, informing the would-be junta ahead of time that they were destined for power. But for a growing chorus of domestic critics, it was yet another signal that Thailand's irascible leader is getting far too comfortable with power...

  • INSIGHT-London stakes its claim as global bitcoin hub Wednesday, 15 Apr 2015 | 12:33 PM ET

    *Bitcoin backers say UK attitude makes London attractive. *World's biggest bitcoin networking group is London- based. LONDON, April 15- London, centre of the $5- trillion- a-day global currency market, now wants to be home to a controversial upstart- bitcoin.

  • *Venture backed by Li Ka- shing, Index Ventures. LONDON, April 14- Osper, a British company that provides pre-paid debit cards for children, is looking for partners and plans to offer new services and expand into Europe and the United States, its founder and chief executive told Reuters. Last year, it raised 6 million pounds from investors including Index Ventures, an...