GO
Loading...

Billionaires

More

  • China committed to Russian gas project, says Novatek Wednesday, 30 Apr 2014 | 1:14 PM ET

    MOSCOW, April 30- Chinese investors are committed to financing part of Novatek's $27 billion Russian gas project, ensuring it has sufficient backing despite losing U.S. support because of sanctions, the company said on Wednesday. "I think there will be a lot of conversations and travel between Moscow and Beijing- a more open dialogue."

  • GENEVA, April 30- Guinea's President Alpha Conde said on Wednesday he hoped Brazilian miner Vale would bid to reclaim two iron ore permits, because the company had not been involved in the alleged corruption that led to their cancellation.

  • *Its facilities could be sold for a symbolic 1 euro- Italian media. NEW DELHI/ LONDON, April 30- India's billionaire brothers, Naveen and Sajjan Jindal, could be the answer Pope Francis is looking for.

  • GENEVA, April 30- Guinea's President Alpha Conde said on Wednesday he would welcome a bid by Brazilian miner Vale for re-allocation of mining permits because it had not been involved in the corruption that led to their cancellation.

  • OSLO, April 30- Oil services firm Aker Solutions said on Wednesday it would split into two, keeping its best assets in a streamlined firm under new management as the market sours for several of its top business segments.

  • SYDNEY, April 30- London copper inched higher on Wednesday but remained below recent eight-week peaks, underpinned by tight credit conditions in top consumer China and as volumes fade ahead of a string of economic data and a series of holidays this week. *Copper on Monday stretched to its highest since March 7 at $6,798 a tonne.

  • MEXICO CITY, April 29- America Movil, Latin America's biggest phone company, said on Tuesday that higher debt costs had pushed its first-quarter profit down by almost half as its service revenue and subscriber base showed sluggish growth.

  • BOSTON, April 29- A Sotheby's board member agrees with some of billionaire activist Daniel Loeb's long-running criticisms of the 270- year old auction house, saying he has a "killer set of issues," according to emails read in court on Tuesday.

  • NEW YORK, April 29- Berkshire Hathaway Chairman and Chief Executive Warren Buffett said Tuesday that his son, Howard Buffett, served Coca-Cola shareholders and not Berkshire on the beverage maker's board.

  • India's Bharti Airtel Q4 net surges, meets estimates Tuesday, 29 Apr 2014 | 7:00 AM ET

    NEW DELHI, April 29- Bharti Airtel Ltd, India's top mobile phone carrier, reported its second consecutive quarter of profit growth, meeting estimates, as reduced competition in the world's second-biggest mobile phone market helped push call prices higher.

  • PARIS, April 28- France said it would defend jobs and its national interest as it met suitors eyeing a breakup of engineering group Alstom on Monday and suggested it preferred Germany's Siemens over U.S. giant General Electric.

  • Turkish police believe that until recently, the area around the market also sat at the centre of an audacious, multi-billion-dollar scheme involving bribery and suspect food shipments to Iran.

  • April 29- Carl Icahn and William Ackman, who clashed on their views about nutrition company Herbalife Ltd, could team up on activist investments in future, the Wall Street Journal reported. Neither Ackman's Pershing Square Capital Management hedge fund, nor Icahn Enterprises LP could be reached for comment outside regular U.S. business hours.

  • Loeb to argue against Sotheby's poison pill on Tuesday Tuesday, 29 Apr 2014 | 12:15 AM ET

    BOSTON, April 29- Sotheby's and its largest investor, Daniel Loeb, will open their arguments in court on Tuesday on whether the auction house should be allowed to restrict the billionaire's ownership stake, in a case that could reshape the world of shareholder activism.

  • Even billionaires have to wait in line at Milken Monday, 28 Apr 2014 | 6:02 PM ET
    Stephen A. Schwarzman, chairman of the Blackstone Group

    There are so many big names at Milken's annual Global Conference in Los Angeles that billionaires don't automatically get VIP treatment.

  • NEW YORK/ SAO PAULO, April 28- Grupo Oi SA took the biggest step yet toward combining with partner Portugal Telecom SGPS SA late on Monday by pricing Brazil's only share offering this year at the lowest price expected.

  • MEXICO CITY, April 28- In his first year in power, Enrique Pena Nieto raced to push through Congress the most ambitious reforms Mexico has seen in a generation, raising hopes of a new dawn for Latin America's second largest economy.

  • PARIS, April 28- France said it would defend jobs and its national interest as it met suitors for engineering group Alstom on Monday, suggesting Germany's Siemens may have an edge over U.S. giant General Electric.

  • April 28- Hotel, energy and financial services conglomerate Loews Corp reported a 75 percent drop in quarterly profit as it booked a loss related to the pending sale of the annuity and pension deposit business of CNA Financial Corp..

  • Loews quarterly profit falls 75 percent Monday, 28 Apr 2014 | 6:19 AM ET

    April 28- Hotel, energy and financial services conglomerate Loews Corp reported a 75 percent drop in quarterly profit as it booked a loss related to the pending sale of the annuity and pension deposit business of CNA Financial Corp..