DUBAI, April 20- Saudi Arabia's Kingdom Holding, the investment firm owned by billionaire Prince Alwaleed bin Talal, reported a 14.8 percent increase in first-quarter net profit on Sunday, citing higher income from investments.» Read More
SEOUL, Nov 6- Investors are likely to press Samsung Electronics Co on dividends and plans to sustain growth as the world's biggest smartphone maker holds its first analysts' briefing in eight years on Wednesday.
Nov 5- Charter Communications Inc finance chief Chris Winfrey said on Tuesday he and Chief Executive Tom Rutledge have talked about potential mergers and acquisitions that would take advantage of the "unique position" the cable operator has because of its tax assets.
Wealthy Chinese may not be buying many big yachts. But they are buying up big yacht companies. A look at what's driving the trend.
BOSTON/ NEW YORK, Nov 4- After settling criminal charges of insider trading, SAC Capital Advisors hedge fund could operate with as little as one fifth of its roughly 900 employees, but founder Steven A. Cohen's personal fortune is big enough to keep him important on Wall Street.
NEW YORK, Nov 4- Carl Icahn's publicly traded investment vehicle, Icahn Enterprises L.P., reported strong third-quarter results on Monday and the billionaire said now is the best time ever to be an activist investor. Shares of Icahn Enterprises, in which Icahn owns an 89 percent stake, jumped 6.5 percent on Monday to $108.78 and are up 145 percent in 2013..
NEW YORK, Nov 4- Billionaire investor Steven A. Cohen's days as a hedge fund manager may be over with his SAC Capital Advisors agreeing to plead guilty to insider trading charges and pay a record $1.8 billion in fines and forfeitures.
Calls to tax the rich are suddenly reaching higher volume, whether it's Bill Gross' “Scrooge McDuck” blog or a ballot measure in Colorado to make high earners pay for schools, or New York's Bill de Blasio’s tax proposal.
SAO PAULO, Nov 2- The loan exposure of Brazil's two largest private-sector banks to former billionaire Eike Batista's debt-laden Grupo EBX is falling, UBS Securities said in a report, signaling that the risk of additional bad loan provisions or significant writedowns is declining.
Nov 1- Ariad Pharmaceuticals Inc adopted a shareholder rights plan to protect its tax credits, a day after sales of its flagship drug Iclusig were suspended due to safety concerns following an investigation by the U.S. health regulator.
TOKYO, Nov 1- A civil lawsuit between Wynn Resorts Ltd and Japanese billionaire Kazuo Okada has been put on hold for another six months to allow U.S. prosecutors to continue investigating Okada and his companies for possible bribery in the Philippines.
*Ariad says working with FDA to find a way to bring drug back. WASHINGTON, Oct 31- Ariad Pharmaceuticals Inc has suspended sales of its leukemia drug Iclusig after an investigation by the U.S. Food and Drug Administration found that a significant number of patients developed life-threatening blood clots or narrowing of the veins.
MEXICO CITY, Oct 31- Mexico's Senate on Thursday made new cuts to a tax reform plan that President Enrique Pena Nieto proposed to increase the nation's anemic tax take before sending the bill back to the lower house of Congress for final approval.
NEW YORK, Oct 31- Bill Gross, manager of the world's largest bond fund, urged fellow members of the "privileged 1 percent," earning the highest incomes, to support higher U.S. taxes on carried interest and capital gains to help the economy.
TOKYO, Oct 31- Japan's SoftBank Corp aims to boost its sales past the 7 trillion yen milestone next year, putting it in the same league as electronics giants like Sony Corp by leveraging acquisitions to boost its mobile business.
Oct 31- Time Warner Cable Inc reported a steep decline in video and Internet customers, blaming a month-long blackout of No. 1 U.S. broadcaster CBS Corp and said it was open to consolidation if it would make money for shareholders.
SAO PAULO, Oct 31- OGX Petróleo e Gas Participações SA, the beleaguered Brazilian oil company controlled by former billionaire Eike Batista, said on Thursday it expects to end up in arbitration over a deal struck with Malaysian state oil company Petronas.
SAO PAULO, Oct 31- Shares of Brazilian oil producer OGX Petroleo e Gas Participacoes SA fell as much as 35.3 percent on Thursday, the day after the company controlled by former billionaire Eike Batista filed for bankruptcy protection.
SAO PAULO, Oct 31- Brazilian investment firm Cambuhy Investimentos Ltda and Germany's E.ON SE joined to buy control of OGX Petróleo e Gás Participações SA's gas unit for 250 million reais, helping the beleaguered oil company raise funds after seeking court protection from creditors.
TOKYO, Oct 31- Japan's SoftBank Corp reported a record six-month profit on Thursday, helped by strong sales of handsets, subscriber growth and a share price that has more than doubled this year.
MEXICO CITY, Oct 30- Mexico's Senate on Wednesday was close to passing a package of measures to bolster the country's weak tax revenues, including higher taxes for the rich, levies on sugary drinks and junk food, as well as a charge on stock market gains.