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Millionaires & Billionaires Billionaires

  • The CEO of Macy's said Black Friday sales are going well. Energy companies rose after Bloomberg reported that a group of key oil producers plans to extend their cuts in production until the end of 2018.. RETAIL OFF TO THE RACES: Macy's CEO Jeffrey Gennette told CNBC holiday shopping is off to a good start with few discounts and strong sales of some especially...

  • Adela Morales and Adrian Bonilla with their grandchildren Jaslene Orozco, 9, and Raul Orozco, 10, who live together in a recreational vehicle in East Palo Alto, Calif., Nov. 22, 2017. Wherever Facebook’s co-founder Mark Zuckerberg goes in Silicon Valley, he seems to generate a housing problem, including at this RV community where residents were evicted this month.

    In East Palo Alto, the forthcoming "Facebook school" is met with weariness, as residents are again displaced by Facebook, NYT reports.

  • LUANDA/ LONDON, Nov 23- On Oct. 6, with the dust still settling on Angola's first change of power in 38 years, new President João Lourenço sat down with international oil majors at the presidential palace in Luanda. The top executives in Angola of Chevron, Total, BP, Eni and Exxon said the oil sector was being devastated by delays in project approvals at Sonangol and a...

  • LUANDA/ LONDON, Nov 23- On Oct. 6, with the dust still settling on Angola's first change of power in 38 years, new President João Lourenço sat down with international oil majors at the presidential palace in Luanda. The top executives in Angola of Chevron, Total, BP, Eni and Exxon said the oil sector was being devastated by delays in project approvals at Sonangol and a...

  • LUANDA/ LONDON, Nov 23- On Oct. 6, with the dust still settling on Angola's first change of power in 38 years, new President João Lourenço sat down with international oil majors at the presidential palace in Luanda. The top executives in Angola of Chevron, Total, BP, Eni and Exxon said the oil sector was being devastated by delays in project approvals at Sonangol and a...

  • LUANDA/ LONDON, Nov 23- On Oct. 6, with the dust still settling on Angola's first change of power in 38 years, new President João Lourenço sat down with international oil majors at the presidential palace in Luanda. The top executives in Angola of Chevron, Total, BP, Eni and Exxon said the oil sector was being devastated by delays in project approvals at Sonangol and a...

  • LUANDA/ LONDON, Nov 23- On Oct. 6, with the dust still settling on Angola's first change of power in 38 years, new President João Lourenço sat down with international oil majors at the presidential palace in Luanda. The top executives in Angola of Chevron, Total, BP, Eni and Exxon said the oil sector was being devastated by delays in project approvals at Sonangol and a...

  • LUANDA/ LONDON, Nov 23- On Oct. 6, with the dust still settling on Angola's first change of power in 38 years, new President João Lourenço sat down with international oil majors at the presidential palace in Luanda. The top executives in Angola of Chevron, Total, BP, Eni and Exxon said the oil sector was being devastated by delays in project approvals at Sonangol and a...

  • LUANDA/ LONDON, Nov 23- On Oct. 6, with the dust still settling on Angola's first change of power in 38 years, new President João Lourenço sat down with international oil majors at the presidential palace in Luanda. The top executives in Angola of Chevron, Total, BP, Eni and Exxon said the oil sector was being devastated by delays in project approvals at Sonangol and a...

  • LUANDA/ LONDON, Nov 23- On Oct. 6, with the dust still settling on Angola's first change of power in 38 years, new President João Lourenço sat down with international oil majors at the presidential palace in Luanda. The top executives in Angola of Chevron, Total, BP, Eni and Exxon said the oil sector was being devastated by delays in project approvals at Sonangol and a...

  • LUANDA/ LONDON, Nov 23- On Oct. 6, with the dust still settling on Angola's first change of power in 38 years, new President João Lourenço sat down with international oil majors at the presidential palace in Luanda. The top executives in Angola of Chevron, Total, BP, Eni and Exxon said the oil sector was being devastated by delays in project approvals at Sonangol and a...

  • PARIS, Nov 23- Telecoms and cable group Altice, which is trying to cut debts of around 50 billion euros, is looking to sell its telecoms network in the Dominican Republic, the Financial Times reported. Altice shares rose 6 percent to 8.02 euros at 0824 GMT following the report on Thursday, although the stock remains down by nearly 60 percent since the start of 2017..

  • FRENCH JUDGE FORMALLY PUTS RUSSIAN BILLIONAIRE KERIMOV UNDER INVESTIGATION FOR AGGRAVATED MONEY LAUNDERING- PROSECUTOR.

  • Nov 22- Facebook Inc's first major investor Peter Thiel has sold three-quarters of his remaining stake in the social network as part of a previously established trading plan, a regulatory filing showed. The only major name in Silicon Valley to back President Donald Trump, some have called for Thiels removal from Facebooks board. He became a Facebook investor in...

  • OSLO, Nov 22- The global market for crude oil tankers remains too fragmented and needs consolidation among owners, one of the industry's leading companies said on Wednesday. Oslo- listed Frontline, the oil shipping arm of billionaire investor John Fredriksen, also said the market for crude carriers is expected to remain weak until the second half of 2018..

  • SANTIAGO, Nov 22- The world's largest copper miner, Codelco, may see a boost in investment cash regardless of who wins next month's presidential runoff in Chile, as both candidates have vowed to end the state-run firm's funding of the military. Conservative front-runner Sebastian Pinera and his center-left rival Alejandro Guillier, set to face off in the Dec. 17...

  • ATLANTIC CITY, N.J.— A New Jersey redevelopment agency has given preliminary approval to a $5.6 million payment to billionaire investor Carl Icahn to help pay for the demolition of part of Atlantic City's former Trump Plaza casino. At issue is the so-called investment alternative tax, a 1.25 percent levy that all Atlantic City casinos must pay in addition to...

  • HONG KONG, Nov 21- Tencent Holdings Ltd has racked up some impressive gains this week- becoming the first Chinese firm to be worth more than $500 billion and surpassing Facebook to be the world's fifth-most valuable company. Earnings for China's biggest social network and gaming firm have surged on the popularity of its smartphone games led by titles such as...

  • PARIS, Nov 21- Altice shares fell on Tuesday, after Bank of America Merrill Lynch cut its rating on the telecoms and cable group to "neutral" from "buy," with the investment bank citing the impact of lower expectations for Altice's French business. Altice has been hit by concerns over its large debt burdens of around 50 billion euros- greater than its stock market value...

  • Chi Ping Patrick Ho, 68, of Hong Kong, and Cheikh Gadio, 61, of Senegal, were charged in a criminal complaint in Manhattan federal court with violations of the Foreign Corrupt Practices Act, international money laundering and conspiracy to commit both. "As alleged, Ho's Ugandan scheme was hatched in the halls of the United Nations in New York, when the country's...