Russian oligarchs are terrified of potential sanctions for their country's politics. CNBC's Robert Frank has the details.» Read More
MEXICO CITY, March 28- Mexico's new telecommunications regulator has opened a probe into possible monopolistic practices in the country's internet services market following a complaint, the federal government's official gazette said on Friday.
*Morgan Stanley tops global rankings. LONDON, March 28- A string of large transactions drove the value of global mergers and acquisitions activity up by 54 percent in the first quarter compared to the same period last year, reflecting greater deal-making confidence among chief executives.
RIO DE JANEIRO/ BRASILIA, March 27- Brazil's securities watchdog on Thursday suspended the offer of shares in telecommunications company Grupo Oi SA for up to 30 days, dealing a setback to its planned merger with Portugal Telecom.
SAN ANTONIO, March 27- Sprint Corp is in talks with Dish Network Corp on a fixed wireless broadband partnership, the chairman of Sprint Corp told Reuters on Thursday.
SAN ANTONIO, March 27- Japan's SoftBank Corp is in talks with Dish Network Corp on a fixed wireless broadband partnership, the chief executive officer of SoftBank told Reuters on Thursday.
SAN ANTONIO, March 27- Japan's SoftBank Corp is in talks with Dish Network Corp on a fixed wireless broadband partnership, the chief executive officer of SoftBank told Reuters on Thursday. "They have the satellite and we have the network that we can collaborate on.
The 2,858- mile pipeline would link trillions of dollars worth of oil in land-locked fields in the western province of Alberta to an Atlantic port in the Irvings' eastern home province of New Brunswick, north of Maine, creating a gateway to new foreign markets for Canadian oil.
Nearly a decade after walking away from the News Corp inner circle in New York to set up his own investment company and settle in Sydney with his young family, it appears Lachlan has accepted the mantle of successor, whether alone or jointly with younger brother James.
By Meeyoung Cho and Jane Chung. GOYANG, South Korea, March 26- Russian gas producer Novatek's $27 billion Yamal LNG project won't be impacted by recent U.S. sanctions against a shareholder of the company, its chief executive said.
On Wednesday, some of Adelson's allies in Congress, including South Carolina Senator Lindsey Graham, plan to propose legislation that would do just that.
NEW YORK, March 26- Carlyle Group LP is considering buying a traditional money manager to broaden its own investment platform, as the private equity firm tries to attract more retail investors and achieve the higher stock market valuation commanded by such managers, according to sources familiar with the situation.
NEW YORK, March 26- For decades, Trafigura's co-founder and Chief Executive Officer Claude Dauphin has been the epitome of the successful commodity trader, a demanding workaholic who traveled to harsh frontiers in search of raw materials to sell at a profit.
The lawsuit, pending in Los Angeles federal district court, was filed by NML Capital, a unit of billionaire hedge fund manager Paul Singer's Elliott Management Corp, as part of a long-running series of court battles over Argentina's $100 billion default.
BOSTON, March 25- Weight loss and nutrition company Herbalife launched a website on Tuesday that details its business practices and counters claims made by billionaire investor William Ackman that it is running an illegal pyramid scheme.
10 TH OF RAMADAN CITY, Egypt, March 25- Egypt's next president is likely to face a far more complex problem than cracking down on Islamists- meeting the demands of workers desperate for decent jobs and wages.
*Ukraine conflict continues; Russia seizes marine base. Concerns that the crisis in Ukraine could escalate gave investors a reason to drop some of the market's biggest trading favorites. Netflix Inc tumbled 6.7 percent to close at $378.90, with fellow Internet names Facebook Inc down 4.7 percent at $64.10 and TripAdvisor Inc down 3.9 percent at $97.58.
*Ukraine conflict continues; Russia seizes marine base. Concerns that the crisis in Ukraine could escalate pushed traders to drop some of the market's biggest trading favorites, taking the Nasdaq below its 50- day moving average in a sign of weakening near-term momentum.
Herbalife shares, which were up 6.8 percent in early afternoon trading, also got a boost from news that rival direct-seller NU Skin Enterprises Inc had been fined just $540,000 by Chinese regulators for illegal sales practices.
*Xero leads charge, now NZ's 2nd- biggest listed company. WELLINGTON, March 25- New Zealand technology firms are rolling into global markets, selling software to businesses that locks down mundane tasks like accounting and expenses, rather than developing slick social media apps that consumers download free of charge.
U.S. stocks fell as Ukraine weighed on sentiment and pushed investors to take profits in some of the market's biggest trading favorites.