Unified BHP would add $22 bn in value: key shareholder Mining giant BHP would reap US$22 billion in value for shareholders if it restructures into one Australian entity and scraps its dual-listing, a key US hedge fund and activist investor […]
Author: AFP
US oil legend, billionaire T. Boone Pickens enters a new phase
T. Boone Pickens has long cast an outsized shadow in American business, but the 89-year-old oil industry stalwart recently faced a reckoning of sorts, as health challenges forced him to rethink his activities. He said good-bye this week to the […]
NY authorities, seeking stolen art, search Michael Steinhardt’s flat
NY authorities, seeking stolen art, search billionaire’s flat Authorities seeking illegally acquired antique artworks have searched the apartment and office of a prominent New York billionaire and philanthropist, prosecutors said. As many as nine pieces were reportedly seized. The target […]
George Soros transfers $18 Billion to Open Society Foundations for ‘long term’ support
Billionaire investor George Soros has infused his nonprofit apparatus with $18 billion. The Open Society Foundations will live on long after its founder, thanks to a move by Soros Fund Management LLC, which likely makes it the second-largest philanthropic group […]
Ex-Microsoft chief ‘offers $1.8 bn for Clippers’
Ex-Microsoft chief ‘offers $1.8 bn for Clippers’ (via AFP) Former Microsoft chief executive Steve Ballmer has offered $1.8 billion for the Los Angeles Clippers, Forbes magazine reported Thursday, with owner Donald Sterling facing moves by the NBA to strip him […]
![UK Independence Party, Euroskeptics Sweep [LIVE RESULTS]](https://d2wsh2n0xua73e.cloudfront.net/wp-content/uploads/2017/04/no-thumbnail-270x200.png)
UK Independence Party, Euroskeptics Sweep [LIVE RESULTS]
European election results are coming out and it appears that the anti Euro parties have had a huge win. In particular, the UK Independence Party (UKIP) led by Nigel Farage is having a big day, with early results putting him ahead of both […]
Alibaba founder eyes US listing – and next challenge
Alibaba founder eyes US listing – and next challenge (via AFP) The outspoken founder of Chinese e-commerce company Alibaba, Jack Ma, threw down a challenge to the world’s global Internet giants as his firm moves towards a huge US stock […]
Alstom board approves GE bid: source
Alstom board approves GE bid: source (via AFP) The Alstom board voted to approve a bid for its energy arm by US group General Electric over a rival offer from German engineering giant Siemens, an informed source told AFP. “Alstom […]
GM chief Barra pledges action on dangerous ignitions AFP
GM chief Barra pledges action on dangerous ignitions (via AFP) GM Chief Executive Mary Barra said Monday she still does not know why its took years for the automaker to recall cars with dangerously faulty ignitions, but pledged to find […]
Crimea referendum: live report
Crimea votes today on whether to join Russia or stay a part of The Ukraine. Below is a brief background on the Crimea referendum followed by live updates via AFP. Maria Repko of Foyil Securities on the Crimea referendum Foyil Securities The […]
