GO
Loading...

Billionaires

More

  • *Barroso, Van Rompuy smile when asked about Italy budget. *PM Renzi says Italy will respect 3 pct deficit limit. However the reaction in Italy reflected questions over how well Renzi's fast-talking style and his promises to end the austerity policies which have dominated the EU's response to the euro zone debt crisis will go down in Brussels.

  • LONDON, March 21- Oil companies are reviewing their dealings with Russian energy trader Gunvor but have not yet altered their business links, industry sources said on Friday, after the United States imposed sanctions on its billionaire co-founder.

  • LONDON, March 21- Oil companies reviewed their dealings with Russian trader Gunvor but did not yet alter business links, industry sources said on Friday, after the United States imposed sanctions on its billionaire co-founder.

  • PARIS/ MOSCOW, March 21- U.S. and European sanctions against Russia are already having a ripple effect beyond their immediate targets, with Visa and MasterCard halting payment transaction services for clients of a bank not even on the blacklist. The lender described the move by Visa and MasterCard as unlawful.

  • HONG KONG, March 21- Singapore state investor Temasek Holdings has agreed to buy just under a quarter of health and beauty retailer A.S. Watson for about $5.7 billion in what would be its single biggest investment and one that would boost its exposure to Asia's fast growing consumer sector.

  • *Washington adds 20 prominent Russian business men to sanctions list. SINGAPORE, March 21- Brent crude held steady above $106 per barrel on Friday, on track for a fourth weekly loss, weighed down by a stronger dollar and seasonal slump in demand, while fresh U.S. sanctions against Russia could inject a new risk premium into the market.

  • *Washington includes 20 prominent Russian business men to sanctions list. SINGAPORE, March 21- Brent crude fell towards $106 per barrel on Friday, on track for a fourth weekly loss, weighed down by a stronger dollar and seasonal slump in demand, while fresh U.S. sanctions against Russia could inject a new risk premium into the market.

  • Brent falls towards $106; on track for fourth weekly loss Thursday, 20 Mar 2014 | 11:38 PM ET

    *Washington includes 20 prominent Russian business men to sanctions list. SINGAPORE, March 21- Brent crude fell towards $106 per barrel on Friday, on track for a fourth weekly loss weighed down by a stronger dollar and seasonal slump in demand, while fresh U.S. sanctions against Russia could inject a new risk premium into the market.

  • Hours after Washington slapped sanctions on 20 of Russian President Vladimir Putin's closest long-time political and business allies, Swiss-based trading firm Gunvor announced that Timchenko had sold his stake in the firm to Chief Executive Officer Torbjorn Tornqvist earlier this week in order to "ensure with certainty the continued and uninterrupted operations" of Gunvor.

  • NEW YORK, March 20- Minutes after the U.S. government said Thursday it would punish the Russian co-owner of the world's No.4 private oil trading firm Gunvor SA with crippling sanctions, traders and bankers active in global oil markets began asking urgent questions.

  • March 20- Billionaire investor Steven A. Cohen will lose one of his top portfolio managers when Gabriel Plotkin sets up his own hedge fund, a person familiar with his plans said on Thursday.

  • March 20- Delaware lawyer Andre Bouchard was nominated on Thursday to replace Leo Strine as the chief judge of the state's Court of Chancery, one of the premier venues for business disputes, according to a statement by Gov.

  • MUMBAI, March 20- Billionaire Mukesh Ambani's Reliance Retail is poised to perform a rare feat in India's notoriously complex retail market by finally turning a profit.

  • March 19- Activist investor Carl Icahn on Wednesday called on eBay Inc to sell 20 percent of its PayPal payments unit in an initial public offering, a change in tack from his previous call for a complete spinoff. Icahn in January called for eBay to hive off its fast growing PayPal business, arguing the unit is undervalued as part of eBay.

  • Icahn in January called for eBay to hive off its fast growing PayPal business, arguing the unit is undervalued as part of eBay. Selling off only part of PayPal would retain the benefits of a stand-alone PayPal while maintaining the efficiencies of having eBay and PayPal together, Icahn wrote in an open letter to fellow eBay shareholders.

  • MOSCOW, March 19- Russian food retailer X5 is selling its stores in Ukraine to local rival Varus, the Ukrainian retailer said, the first Russian company to pull out of its neighbour amid a bitter political crisis.

  • *Genting Singapore, Paradise also planning casino complexes. SEOUL/ HONG KONG, March 18- Caesars Entertainment Corp looks set to build its first gaming resort in Asia after South Korea granted preliminary approval for a large-scale foreigners-only casino- a key boost for a company that has largely missed out on the region's boom in gambling revenues.

  • *Alisher Usmanov's Mail.Ru buys 12 pct stake in VKontakte. His Internet holding group Mail.Ru said it had increased its stake in VKontakte, Russia's answer to Facebook, to around 52 percent by buying 12 percent of VKontakte shares from Megafon Chief Executive Officer Ivan Tavrin.

  • SEOUL/ HONG KONG, March 18- South Korea gave a preliminary greenlight for a large-scale foreigners-only casino complex to a consortium that includes Caesars Entertainment Corp, seeking to draw in wealthy Chinese gamblers and their tourist dollars.

  • SEOUL, March 18- South Korea on Tuesday granted a preliminary casino licence to a Lippo Ltd and Caesars Entertainment Corp venture to build a resort on Yeongjong island, as the government tries to court wealthy Chinese punters with an array of gambling options.