WASHINGTON— To hear party operatives describe the fight for the Senate, it's the boogeyman billionaires against the shifty septuagenarian. Now, Republican candidates are adjusting their plans and linking Democratic Senate candidates to Reid, painting the 74- year-old leader and his allies as unscrupulous politicians.» Read More
ALBANY, N.Y., April 8- New York's highest state court has ruled that a lawsuit by the Algosaibi family conglomerate, claiming that a Saudi billionaire who married into the family committed a $150 million fraud, should be heard in Saudi Arabia.
NEW YORK, April 8- A U.S. judge on Tuesday raised a series of questions about a proposed $1.2 billion insider trading accord with billionaire Steven Cohen's investment firm, formerly known as SAC Capital Advisors, in advance of its sentencing on Thursday.
LUANDA, April 8- Angola's Banco BIC, backed by the billionaire daughter of the country's president and a Portuguese cork tycoon, plans to ramp up its branch network at home while also expanding overseas to operate in four continents, its chief executive said.
PARIS, April 8- Things are changing in France's business world. But if you think that signals the end of the Gallic sneer at "Anglo-Saxon" ways- the free-market bent of the Americans and British- last week's promotion to economy minister for the interventionist Arnaud Montebourg is a reminder that laissez-faire government remains, in France, a linguistic irony.
KINSHASA, April 8- Democratic Republic of Congo has improved its business environment but plans to raise mining taxes could deter investors in a country where massive infrastructure challenges remain, the CEO of a major foreign miner said.
BANGKOK, April 8- With legal cases against her mounting, embattled Thai Prime Minister Yingluck Shinawatra pleaded on Tuesday for fair and proper treatment from the national anti-corruption commission and Thailand's Constitutional Court.
BOSTON, April 7- Hedge fund manager John Paulson's returns dipped in March, hurt in part by losses in the gold market, two people familiar with the numbers told Reuters on Monday. The Paulson Advantage Plus Fund dipped 7.4 percent last month, cutting its year-to-date gains to 2.6 percent.
LONDON, April 7- Private equity firm Cinven made a 1.5 billion euro capital gain on its investment in French cable operator Numericable, but said on Monday the era of such hugely profitable deals for its industry in the cable sector is ending.
PARIS, April 7- Patrick Drahi, the Franco-Israeli billionaire who won a bidding war for media group Vivendi's SFR telecoms unit at the weekend, was quick on Monday to forgive a French establishment that just two weeks ago was trying to knock him out of the race.
PARIS, April 5- France's Vivendi said it had accepted cable company Numericable's bid for its telecom unit SFR, which would give Vivendi at least 13.5 billion euros in cash plus a 20- percent stake in the new entity.
PARIS/ LONDON, April 4- France's Vivendi said on Friday that its board needed more time to weigh two bids for its SFR telecom business, leaving business and political circles in suspense over a month-long, 15 billion euro takeover battle.
MILAN, April 4- The former controlling shareholder in Monte dei Paschi di Siena said on Friday it and two new Latin American investors in Italy's third biggest bank had committed to not selling their respective holdings for at least 16 months.
KIEV, April 4- McDonald's announced on Friday it had closed its restaurants in Crimea, prompting fears of a backlash as a prominent Moscow politician called for all the U.S. fast food chain's outlets in Russia to be shut.
PARIS/ LONDON, April 4- France's Bouygues submitted a new offer for Vivendi's SFR telecom unit on Friday- of 15 billion euros in cash, plus shares- in an effort to get back into the running hours before a decisive Vivendi board meeting.
The company said in December that it received a $30 million investment from Microsoft Corp co-founder Paul Allen's Vulcan Capital. The company's investors include venture capital firm Upfront Ventures, billionaire Jeff Skoll's Capricorn Investment Group and insurer USAA.
*Humble roots a key to Modi's popularity in India. *In Gujarat state, as across India, opinion divided. VADNAGAR, India, April 4- Narendra Modi spent his childhood in a modest three-room dwelling made of mud and brick nestled in a narrow, crowded lane in the western Indian town of Vadnagar.
April 4- Billionaire investor Steve Cohen- owned SAC Capital Advisors LP's lawyers proposed to retain corporate adviser and former federal prosecutor Bart Schwartz as a compliance consultant while the hedge fund pleads guilty to insider trading charges.
LONDON, April 3- Kuwait's billionaire al-Kharafi family is looking to sell Americana, one of the Middle East's largest food companies, and has hired bankers to explore a deal, four sources familiar with the matter told Reuters.
April 3- Liberty Media Corp said it would reduce its stake in Barnes& Noble Inc but retain a 10 percent share of its initial investment in the largest U.S. bookstore chain.
District Judge Jed Rakoff in Manhattan said the "substantial additional information" provided by the SEC, "the unique circumstances of this case, and further guarantees of prompt payment of the proposed fines" justified approval, according to an order made public on Wednesday.