ATLANTA-- Media mogul Ted Turner says he's bouncing back from surgery and is looking forward to getting back to business as usual. In a statement released Monday, Turner thanked well-wishers for support while he was hospitalized in Argentina late last week for appendicitis.» Read More
MUMBAI/ NEW DELHI, March 4- Subrata Roy, the self-styled managing worker of Sahara India Pariwar, India's biggest private-sector employer, will appear before the Supreme Court on Tuesday after spending the weekend in custody at a government nature-reserve guest house.
March 4- Warren Buffett is seeking to reassure shareholders about how his Berkshire Hathaway Inc will perform in the decades after he steps down or dies, but remains as vague as ever about succession plans. Jeff Immelt, the CEO at General Electric Co, has been unable to get his company's share price anywhere near the heights achieved by his predecessor Jack Welch.
March 3- Bill Gates has returned to the top of Forbes magazine's annual list of the world's richest people, as rising stock markets swelled the ranks of billionaires, which included a record number of women.
WASHINGTON, March 3- As the years-long fight over the Keystone XL pipeline grinds toward resolution, green groups are broadening their focus to include the possibility that the Obama administration will loosen curbs on how much oil and gas the United States exports.
*Vivendi does not see bid from Iliad- 2nd source. PARIS, March 3- Vivendi has asked bidders for its telecoms business SFR to submit preliminary offers by Wednesday night, said one person close to the situation, putting pressure on Bouygues, a latecomer to the auction whose bid faces competition issues.
FRANKFURT, March 3- Egyptian billionaire Samih Sawiris is taking a stake of 25 percent to 35 percent in FTI, Germany's fourth-biggest tour operator, the two parties said on Monday. FTI's founder and chief will keep a majority of shares in the company, which competes with Europe's biggest travel firm TUI.
Randall Lane, Forbes Magazine editor, discusses the magazine's annual billionaires list. Bill Gates is back on top for the first time in four years.
March 3- Civil unrest in Ukraine has put pressure on its banks which could need liquidity and capital support due to falling deposits, a high level of non-performing loans and a depreciating currency.
Billionaire Warren Buffett told CNBC on Monday that he does not see climate change impacting insurance prices "three years or five years from now."
March 1- Another senior executive is leaving Sprint Corp, the U.S. wireless company that has seen several key leaders exit since it was acquired last year by Japan's SoftBank Corp.
BOSTON, Feb 28- The U.S. Federal Trade Commission on Friday refused to tip its hand on how it may be react to allegations that Herbalife is a fraud, but said it is taking a lawmaker's concerns about the company seriously and underscored its record of shutting down pyramid schemes.
CUPERTINO, Calif., Feb 28- Apple Inc sold more than $1 billion of Apple TV set-top boxes in 2013 and is investing heavily in the next generation of products, Chief Executive Tim Cook said at the company's annual meeting on Friday.
The billionaire investor and eBay are engaged in an escalating war of words as Icahn tries to get the company to split off its PayPal unit. Ebay said Thursday that Icahn is making unsubstantiated claims about the company and that he was "deliberately impugning" the integrity of its directors.
NEW YORK, Feb 28- Former SAC Capital Advisors LP portfolio manager Mathew Martoma asked a U.S. judge to throw out his insider trading conviction, saying federal prosecutors did not prove he committed a crime and that improper evidence and jury bias tainted the verdict. The request submitted late Thursday night in the U.S. District Court in Manhattan was expected.
BOSTON, Feb 28- Billionaire investor William Ackman, who has long claimed Herbalife Ltd is a fraud, on Friday said he would provide proof next month that the nutrition and weight-loss company is running a pyramid scheme in China.
Sotheby's said it acquired the "Pink Star" diamond, which had fetched a world-record price in November, after its buyer couldn't pay and defaulted.
Feb 28- Sotheby's said it acquired the " Pink Star" diamond, which had fetched a world-record price in November, after its buyer couldn't pay and defaulted. New York- based diamond cutter Isaac Wolf outbid three rivals last November to pay 76.3 million Swiss francs for the flawless pink diamond in an auction guaranteed by Sotheby's.
Feb 27- Billionaire hedge fund manager Daniel Loeb is mounting a proxy fight at Sotheby's with the goal of winning three board seats after the auction house's promise to return $450 million to shareholders failed to appease activist investors.
*Cheung Kong, Sun Hung Kai best placed to benefit from mass-market demand. HONG KONG, Feb 28- When things get choppy at the top of the property ladder, it pays to have your feet planted on the middle rungs, which makes developers Cheung Kong and Sun Hung Kai Properties the best bets to weather the storm brewing in Hong Kong.
"The issues here are incredibly important not just for Argentina but for the U.S. government and all foreign sovereigns," said Paul Clement, at a briefing on the case at the Argentine embassy in Washington, D.C..