Topic filter : Billionaire

Most trending topics in Business & Finance ( last 24 hours ):
Brexit Wikipedia Takeover Retailer Organic Advertising WPP Facebook Google Amazon Netflix General Motors IBM Poverty Formula 1 Pension Election State Pension Property Price Pensioner Life Expectancy Economy Repair Bill

Socially Most Trending News

Tuesday 25th of April 2017 11:31:29 AM
Total Trend count
286
Most trending on :
269 11 5 1
....Ten years later Ms Mellon left the business to launch her own clothing line. In 2014, Jimmy Choo listed on the London Stock Exchange, by which time JAB, owned by the German billionaire Reimann family, was the main shareholder. ... [Read full article on BBC ]
Monday 24th of April 2017 06:35:35 AM
Total Trend count
260
Most trending on :
242 17 1
....The president will not be the only Trump administration official to benefit from the tax cuts. His cabinet is the richest in history and includes several billionaires. ... [Read full article on Guardian ]
Wednesday 26th of April 2017 06:35:17 PM
Total Trend count
166
Most trending on :
106 53 7
.... It has fared better than other luxury retailers such as Burberry, which were hit by Chinese tourists cutting back on luxury purchases. JAB, an investment company owned by Germany’s billionaire Reimann family, wants to sell its stake in the shoes group to focus on food and other consumer goods. ... [Read full article on Guardian ]
Monday 24th of April 2017 08:25:28 AM
Total Trend count
70
Most trending on :
65 4 1
. The French luxury group LVMH, led by billionaire Bernard Arnault, is to take full control of Christian Dior, in a complex €12bn (£10bn) deal that reunites the fashion house with the perfume and other Dior brands. ... [Read full article on Guardian ]
Tuesday 25th of April 2017 10:15:06 AM
Total Trend count
60
Most trending on :
56 3 1
.... Many of the users themselves are not much richer than the drivers. The “sharing economy” encourages the insecure and exploited to exploit others equally insecure to the profit of a tiny clique of billionaires. ... [Read full article on Guardian ]
Wednesday 26th of April 2017 06:23:34 PM
Total Trend count
36
Most trending on :
23 12 1
....“When the super-rich are paying less in taxes than their cleaners, you know something has gone disastrously wrong with our broken, regressive tax system,” said Wanda Wyporska, the executive director of the Equality Trust. “Time after time we see sensible reforms attacked and rejected in favour of tax cuts for billionaires. ... [Read full article on Guardian ]
Tuesday 25th of April 2017 10:39:40 AM
Total Trend count
6
Most trending on :
5 1
....or pay big border tax!. Even the Kochs, usually every Republican president’s favorite rightwing billionaires, aren’t happy with Trump’s tough talk on trade. ... [Read full article on Guardian ]
Tuesday 25th of April 2017 10:00:45 AM
Total Trend count
4
Most trending on :
3 1
.... He said the move represented a “significantly better” outcome than if the scheme entered the Pension Protection Fund (PPF). The billionaire boss of Arcadia, notorious for his superyachts and lavish parties, made a voluntary personal cash payment of £343m towards improved benefits to the pension scheme members, and made available an additional £20m towards implementation costs. ... [Read full article on Guardian ]
Sunday 23rd of April 2017 03:54:50 PM
Total Trend count
3
Most trending on :
3

Latest Finance News related to Billionaire

Trump under fire over 'huge tax cut for the rich' image
Source : Guardian [Read Article] Wednesday 26th of April 2017 06:35:17 PM
The Guardian view on Apple-Uber affair: reasons to tame Silicon Valley | Editorial image
.... Many of the users themselves are not much richer than the drivers. The “sharing economy” encourages the insecure and exploited to exploit others equally insecure to the profit of a tiny clique of billionaires. ...
UK government borrowing at lowest level since 2008 financial crisis image
Source : Guardian [Read Article] Tuesday 25th of April 2017 10:39:40 AM
....“When the super-rich are paying less in taxes than their cleaners, you know something has gone disastrously wrong with our broken, regressive tax system,” said Wanda Wyporska, the executive director of the Equality Trust. “Time after time we see sensible reforms attacked and rejected in favour of tax cuts for billionaires. ...
Luxury goods giant LVMH grabs full control of Christian Dior image
Source : Guardian [Read Article] Tuesday 25th of April 2017 10:15:06 AM
. The French luxury group LVMH, led by billionaire Bernard Arnault, is to take full control of Christian Dior, in a complex €12bn (£10bn) deal that reunites the fashion house with the perfume and other Dior brands. ...
What does the business world make of Trump 100 days in? The jury is still out image
....or pay big border tax!. Even the Kochs, usually every Republican president’s favorite rightwing billionaires, aren’t happy with Trump’s tough talk on trade. ...
Now on sale: Jimmy Choo (the whole company) image
Source : Guardian [Read Article] Monday 24th of April 2017 08:25:28 AM
.... It has fared better than other luxury retailers such as Burberry, which were hit by Chinese tourists cutting back on luxury purchases. JAB, an investment company owned by Germany’s billionaire Reimann family, wants to sell its stake in the shoes group to focus on food and other consumer goods. ...
Jimmy Choo seeks well-heeled buyer image
Source : BBC [Read Article] Monday 24th of April 2017 06:35:35 AM
....Ten years later Ms Mellon left the business to launch her own clothing line. In 2014, Jimmy Choo listed on the London Stock Exchange, by which time JAB, owned by the German billionaire Reimann family, was the main shareholder. ...
Sir Philip Green could still lose knighthood, says MP image
Source : Guardian [Read Article] Sunday 23rd of April 2017 03:54:50 PM
.... He said the move represented a “significantly better” outcome than if the scheme entered the Pension Protection Fund (PPF). The billionaire boss of Arcadia, notorious for his superyachts and lavish parties, made a voluntary personal cash payment of £343m towards improved benefits to the pension scheme members, and made available an additional £20m towards implementation costs. ...
Low rates, tight margins: the mortgage market looks worryingly familiar image
.... The last thing the country needs is for complacency or short-termist policymaking to feed another lending binge. Donald Trump’s commerce secretary, the billionaire dealmaker Wilbur Ross, is beginning to put the president’s America First campaign mission into practice. ...
BHS crash sets trend for a chain of closures on UK high streets image
Source : Guardian [Read Article] Saturday 22nd of April 2017 03:00:17 PM
....A year on from the collapse of BHS, most of the key protagonists have moved on, although former owner Dominic Chappell still faces possible legal action. Sir Philip GreenGreen still has his knighthood despite MPs last year demanding that the “billionaire spiv” be stripped of the honour. ...
'Vijay Mallya can't avoid the law': Herts villagers on 'fugitive' billionaire neighbour image
....Mallya was once known as the “Branson of Bangalore” for his business and sport empire which included beer, spirits and an airline. But his fall from a billionaire playboy – known for his beer company Kingfisher’s take on the Pirelli calendar and for hosting celebrity parties on his 311ft superyacht Indian Empress during the Monte Carlo grand prix – to alleged fugitive from justice was completed this week when he was arrested by Scotland Yard on an extradition warrant. ...
El Paso: the border city grappling with the ramifications of Trump's proposals image
.... And neither, right now, is politics. Washington is in Easter recess and while Trump plays golf in Florida, the rightwing billionaire Koch brothers are spending millions backing ads attacking his border tax plans, arguing they amount to a consumer tax that will increase costs on everything from clothes and TVs to food and will land the average US family with a $1,700 bill. ...
Sports Direct workers' representative faces 'uphill struggle' – union image
Source : Guardian [Read Article] Wednesday 12th of April 2017 08:37:03 AM
....The appointment of Alex Balacki, 30, follows a tumultuous 16 months for the retailer. This included its billionaire founder, Mike Ashley, being hauled before MPs to be questioned over “Victorian” working conditions at the company’s warehouse, following a Guardian investigation that exposed how workers at the depot were being paid less than the legal minimum wage. ...
Finally, a breakthrough alternative to growth economics – the doughnut | George Monbiot image
.... But the answers appear elusive. Faced with a multifaceted crisis – the capture of governments by billionaires and their lobbyists, extreme inequality, the rise of demagogues, above all the collapse of the living world – those to whom we look for leadership appear stunned, voiceless, clueless. ...
The money machine: how a high-profile corruption investigation fell apart image
Source : Guardian [Read Article] Wednesday 12th of April 2017 05:00:26 AM
.... The country needed a new president and, that May, elected a magnate named Petro Poroshenko. Although he had served as a minister under Yanukovich and was himself a billionaire, Poroshenko pledged to sell his confectionery business, to govern only in the interests of the people, to prosecute the corrupt former insiders and to bring an end to the old way of doing things, including in the prosecutors’ office. ...
Judges reject US banker's claim to be a genius in divorce case image
Source : Guardian [Read Article] Tuesday 11th of April 2017 01:07:22 PM
....Sir Martin Sorrell, founder of advertising firm WPP, was awarded 60% of joint assets in his 2005 divorce from Sandra, his wife of 33 years. In 2014, a judge granted the ex-wife of Chris Hohn, the billionaire founder of hedge fund The Children’s Investment Fund, 36% of their $1. ...
Jaeger collapses into administration putting 680 jobs at risk image
Source : Guardian [Read Article] Monday 10th of April 2017 05:06:29 PM
....”. Last week Better Capital sold Jaeger’s debt to a company understood to be controlled by the retail billionaire Philip Day, who heads Edinburgh Woollen Mill. ...
Tesla surpasses GM to become most valuable car company in US image
Source : Guardian [Read Article] Monday 10th of April 2017 04:37:58 PM
....While its share price may be soaring, there are roadblocks to Tesla’s further success – including the fact that the company has never made a profit – but the stock benefits from enthusiasm for the manufacturer’s design-conscious approach to electric vehicles and its emphasis on futuristic automating software, such as Autopilot and Summon. The company has far fewer vehicles on the road than GM – billionaire founder Elon Musk promised to ramp up production to 500,000 cars in 2018, while GM sold 546,838 at US retail alone in the first quarter of 2016. ...
Scottish billionaire car dealer Sir Arnold Clark dies image
Source : BBC [Read Article] Monday 10th of April 2017 11:10:30 AM
....Sir Arnold Clark, the founder of Britain's biggest independent group of car dealerships, has died at the age of 89. The billionaire was born in Glasgow, where he set up his first showroom in 1954. ...
Ukraine's central bank chief resigns image
Source : BBC [Read Article] Monday 10th of April 2017 10:46:19 AM
....But she was also seen by some in Ukraine as a "Russian stooge". Many banks were being run as glorified piggy banks for local billionaires. ...
Why Silicon Valley wants to thwart the grim reaper | John Naughton image
Source : Guardian [Read Article] Sunday 9th of April 2017 06:00:00 AM
.... That’s why elite US universities, which do not have a retirement age for tenured professors, are increasingly desperate to find ways to incentivise them to quit. Given that Silicon Valley billionaires are smart, they must know all this. ...
Krispy Kreme owner pays $7.5bn for Panera Bread chain image
Source : BBC [Read Article] Wednesday 5th of April 2017 04:05:19 PM
....Shares in Panera closed more than 14% higher following the announcement. JAB, a Luxembourg-based investment firm, is owned by the billionaire Reimann family, which paid $1. ...
Billionaire Warren Buffett becomes face of Cherry Coke in China image
Source : Guardian [Read Article] Wednesday 5th of April 2017 07:17:20 AM
. The likeness of billionaire Warren Buffett is to grace Cherry Coke cans in China, where the company’s largest investor enjoys a legendary reputation. ...
MPs urge crackdown on excessive pay to rebuild public trust in business image
Source : Guardian [Read Article] Wednesday 5th of April 2017 05:30:12 AM
.... It also heard LTIPs could distort executive behaviour, with chief executives tailoring decisions to affect the share price around the time their shares were due to vest. Wright, whose committee last year accused billionaire Mike Ashley of running Sports Direct like a Victorian workhouse, said successful companies could not be disconnected from society. ...
BP's sale of key pipeline to billionaire is bad for UK, says union image
Source : Guardian [Read Article] Monday 3rd of April 2017 11:48:55 AM
....Ineos said it had agreed with BP to buy the Forties Pipeline System, which transports nearly 40% of the oil produced in the North Sea and employs 300 people. The sale gives its billionaire founder-owner Jim Ratcliffe control of a 100-mile system of pipelines, as well as the Kinneil terminal, which processes oil and gas for Ineos’s vast Grangemouth refinery. ...
'Bond King' Bill Gross settles Pimco feud for $81m image
Source : BBC [Read Article] Monday 27th of March 2017 10:01:31 PM
....Star trader Bill Gross has ended a "family disagreement" with his former firm Pimco, in a settlement worth an estimated $81m (£65m). The billionaire, dubbed Wall Street's "Bond King", sued Pimco after his abrupt departure from the firm in 2014. ...
Dyson 'enormously optimistic' about post-Brexit trade image
Source : BBC [Read Article] Monday 27th of March 2017 06:01:32 AM
....Sir James Dyson has said UK business success lies beyond Europe because that is where the fastest growth lies. The billionaire, who was a prominent backer of Brexit, told the BBC he was "enormously optimistic" about trading with the rest of the world. ...
Dyson plays down hard Brexit concerns as company posts £2.5bn record sales image
. Sir James Dyson, the billionaire investor, has played down concerns that a “hard Brexit” could harm the UK economy by claiming that World Trade Organisation tariffs have not prevented his technology company from achieving record financial results. ...
Snapchat 'will be bigger than Twitter, Yahoo and AOL with advertisers' image
....“Our competition may mimic our products and therefore harm our user engagement and growth,” Snap acknowledged. While Snap’s IPO has made 26-year-old co-founder Evan Spiegel the world’s youngest billionaire with a $5. ...
Viagogo: who runs it and who owns it? image
Source : Guardian [Read Article] Friday 24th of March 2017 06:03:57 PM
.... He too declined a request for comment. Another major investor who did not want to discuss Viagogo is billionaire Bernard Arnault, chief executive of Louis Vuitton Moet Hennessy, the luxury brands company based in France. ...
Sir Philip Green 'could get £15m refund from £363m BHS payout' image
Source : Guardian [Read Article] Tuesday 21st of March 2017 06:30:06 AM
....Green could get the money back despite BHS workers receiving on average just 88% of the value of their original benefits from the settlement. Field, who co-led the parliamentary investigation into the collapse of the retailer, called on the billionaire tycoon to hand the £15m to BHS pensioners to make up for the shortfall in their benefits. ...
Bill Gates tops Forbes' rich list but Trump's wealth slips image
Source : BBC [Read Article] Monday 20th of March 2017 05:17:00 PM
. Microsoft founder Bill Gates again tops Forbes' list of the world's richest people, in a year when the number of billionaires rose 13% to 2,043. ...
Unilever is safe, but we need better defences against short-term capitalism image
....Just capitalism in action, it might be argued – no point being squeamish. Kraft may be an unlovely maker of processed cheese backed by a Brazilian billionaire with a well-developed appetite for ripping out costs, but Unilever is a commercial enterprise too. ...
'Brothers bling': lawsuit puts Nick and Christian Candy in spotlight image
Source : Guardian [Read Article] Saturday 18th of March 2017 09:00:35 AM
....There is a saying in the property world: “You only deal with Candy & Candy once”. Those were the words of a witness at a £132m high court trial for damages which has turned the private and financial affairs of billionaire property moguls Nick and Christian Candy into a succession of lurid headlines. ...
Stock markets soar across Europe as FTSE clocks up new high image
Source : Guardian [Read Article] Thursday 16th of March 2017 06:58:16 PM
....95. Anglo American was the biggest gainer, however, closing up almost 9% after the Indian billionaire Anil Agarwal said he was buying a £2bn stake. ...
FTSE 100 closes at record high image
Source : BBC [Read Article] Thursday 16th of March 2017 03:47:19 PM
....Mining companies dominated the FTSE risers, with Anglo American topping the leaders' board with an 8% increase. Its shares were boosted after Indian billionaire Anil Agarwal said he would buy a stake worth up to £2bn in the diamond and platinum miner. ...
Anglo American soars as billionaire buys 12% stake image
Source : BBC [Read Article] Thursday 16th of March 2017 09:20:01 AM
. Shares in Anglo American have soared after an Indian billionaire said he would spend up to £2bn taking a stake in the miner. ...
Ian and Greg Chappell call on Adani to abandon Carmichael mine project image
Source : Guardian [Read Article] Thursday 16th of March 2017 01:46:56 AM
. Australian cricketing greats Ian and Greg Chappell have signed an open letter calling on Indian billionaire Gautam Adani to abandon his company’s proposed Queensland coalmine. ...
Zara founder to receive £1.1bn payout after record sales image
Source : Guardian [Read Article] Wednesday 15th of March 2017 10:47:42 AM
Christian Candy's finance chief denies 'good cop, bad cop' game image
Source : Guardian [Read Article] Tuesday 14th of March 2017 05:51:04 PM
....Tim Dean, the finance director of CPC, appeared in the high court in London on Tuesday to give evidence against claims brought by Holyoake, a former university friend of Nick Candy. Holyoake claims the billionaire brothers threatened him after he took out a £12m loan to fund a property redevelopment in Belgravia in 2011 and intimidated him into paying back £37m. ...
Employment agency at centre of Sports Direct scandal axed by Amazon image
Source : Guardian [Read Article] Monday 13th of March 2017 07:52:39 PM
....Transline, which supplied around half of Sports Direct’s 3,000 warehouse workers at the time of the scandal, was also accused of misleading MPs during the inquiry, which prompted the committee chairman, Iain Wright MP, to call on Sports Direct’s founder, Mike Ashley, to axe the firm. In a letter to the controversial billionaire, Wright wrote: “We ask you to think seriously about continuing to use Transline, a company that treats their workers and conducts its business in a way that is inconsistent with your own aspirations for Sports Direct to be on a par with likes of Selfridges and John Lewis. ...
Democrats question Trump 'conflict of interest' with Deutsche Bank investigation image
.... Cory Booker, a Democratic senator from New Jersey, and four other Democrats, sent a letter to Wilbur Ross, the newly confirmed commerce secretary, demanding more information about his role as vice-chair of the Bank of Cyprus. Ross, a billionaire investor who has claimed in a private conversation with another senator, Bill Nelson, that the White House is “sitting on” his responses, has not replied to two other letters sent by senators before his confimation hearing. ...
Ferrari gives up F1 stake in exchange for Liberty Media stock image
Source : Guardian [Read Article] Friday 10th of March 2017 04:46:33 PM
....7 million of previously undistributed dividends), 145 thousand Liberty Media Corporation shares and $911 thousand of Liberty Media exchangeable notes”. Liberty, run by billionaire media magnate John Malone, bought Formula One’s parent company, Delta Topco, for $8bn in January. ...
Christian Candy adviser linked to Litvinenko and his alleged killer image
Source : Guardian [Read Article] Thursday 9th of March 2017 07:45:01 PM
....Candy and his brother are defending charges that they used blackmail and intimidation to extort repayment of a loan. The case against the billionaire property developers is being brought by their former business associate, Mark Holyoake. ...
Sports Direct's move to put worker on board branded 'PR exercise' image
Source : Guardian [Read Article] Thursday 9th of March 2017 09:38:42 AM
....A parliamentary inquiry into working practices at the retailer - prompted by a Guardian investigation - concluded last year that Ashley had been running Sports Direct like a Victorian workhouse. The billionaire said in a letter to staff published on Tuesday: “I have always believed Sports Direct to be a business that was built by the great people who work here. ...
Christian Candy tells court he follows rules on tax exile 'religiously' image
....Property tycoon Christian Candy has described as “artistic exaggeration” a claim he made on film that, if true, would have called into question his status as a Monaco tax exile. The billionaire was testifying in a £132m high court case brought by businessman Mark Holyoake, who alleges that Candy and brother Nick extorted and intimidated him in a dispute over a £12m loan to buy a luxury hotel. ...
Topshop owner to double contributions to plug pension deficit image
Source : Guardian [Read Article] Sunday 5th of March 2017 03:28:55 PM
....”. Green and the Pensions Regulator announced last week that the billionaire tycoon had agreed to pay £363m to help fill the hole in the BHS pension scheme. ...
From sweaters to suits: the evolution of Silicon Valley CEO style image
Source : Guardian [Read Article] Sunday 5th of March 2017 02:00:02 PM
.... He and co-founder Bobby Murphy rang the bell in sharp suits, the kind ushers might wear at a wedding. Dressing up for your IPO makes a change from the Mark Zuckerberg-approved scruffiness – a sartorial humblebrag for billionaires – that has dominated Silicon Valley. ...
£220,000: the price super-rich will pay to keep their privacy image
Source : Guardian [Read Article] Sunday 5th of March 2017 12:04:29 AM
....The UK’s most expensive house, Hanover Lodge in Regent’s Park, London, which was sold by the former Conservative peer Lord Bagri for £120m in 2012, is owned by a Gibraltar-registered company, Green Palace Gardens Limited. It has been reported that Russian billionaire Andrey Goncharenko owns it and several other luxury homes in London, including the £15m Eaton Square mansion recently taken over by squatters. ...
Christian Candy tells high court: ‘I don’t deal with shady people’ image
....”. The billionaire was giving evidence for a third day in a £132m claim for damages brought by the entrepreneur Mark Holyoake, who alleges Candy and his brother used threats and blackmail to extort repayments totalling £37m on a £12m loan. ...
City news: Merlin Entertainments, Sportech, and Mike Ashley  image
Source : Daily Express [Read Article] Friday 3rd of March 2017 08:59:00 AM
....SPORTS Direct tycoon Mike Ashley has bought lingerie firm Agent Provocateur out of administration. The billionaire owner of Newcastle United acquired the chain, which employs 600 people, through his investment vehicle Four Holdings in a “pre-pack” deal, enabling him to cherry-pick parts of the business at a knockdown price after its collapse. ...
The Guardian view of Snap IPO: a shareholding monarchy | Editorial image
Source : Guardian [Read Article] Thursday 2nd of March 2017 07:35:19 PM
....It is a paradox that a country that sought freedom from a king, the United States, is today happy to crown monarchs in commerce. Snap, which calls itself a camera company but is in fact a Silicon Valley firm behind a mobile messaging app, floated on the US stock exchange making billionaires of its two under-30 founders. ...
Snapchat firm share price soars on debut image
Source : BBC [Read Article] Thursday 2nd of March 2017 04:33:26 PM
....It left Snap valued at almost $30bn, although it has never made a profit. The firm's initial public offering is the biggest for a US tech firm since Facebook in 2012 and will turn the company's founders, Evan Spiegel and Bobby Murphy, into multi-billionaires. ...
Snapchat goes public at $29bn and makes co-founders tech billionaires image
Source : Guardian [Read Article] Thursday 2nd of March 2017 04:27:48 PM
....Snap Inc, the company behind disappearing messaging app Snapchat, has gone public with stocks soaring 44% on their first day of trading and valuing the company at $28bn. The market debut of the loss-making tech enterprise on Thursday catapulted its twentysomething co-founders Evan Spiegel and Bobby Murphy into the top tier of the tech billionaires. ...
Snapchat IPO: Firm valued at $24bn despite losses image
Source : BBC [Read Article] Wednesday 1st of March 2017 09:34:54 PM
....The flotation values the business at $24bn, although Snap has never made a profit. It will turn the company's founders Evan Spiegel and Bobby Murphy into multi-billionaires. ...
Dominic Chappell to fight legal action forcing him to pay BHS pensions image
Source : Guardian [Read Article] Wednesday 1st of March 2017 06:44:02 PM
....Dominic Chappell, the last owner of BHS, has pledged to fight legal action by the Pensions Regulator designed to force him to pay millions of pounds into the failed retailer’s pension scheme, saying the black hole in the scheme was not his fault. The regulator has agreed a £363m cash settlement with Sir Philip Green to rescue the BHS pension scheme and halted legal proceedings against the billionaire. ...
London to remain a 'magnet for global superrich despite Brexit' image
Source : Guardian [Read Article] Wednesday 1st of March 2017 01:46:10 PM
....The global population of UHNWIs increased by 6,340 last year to 193,490, after a slight decrease in 2015. Another 60 people were added to the global tally of billionaires last year, taking the total number of dollar billionaires to 2,024 – up 45% over the past decade. ...
Dyson shrugs off Brexit fears with massive UK expansion plan image
Source : Guardian [Read Article] Tuesday 28th of February 2017 07:19:58 PM
....5bn investment that will support its development of new battery technologies and robotics. The company, led by the billionaire inventor Sir James Dyson, will increase its UK geographical footprint tenfold by developing the campus on a former Ministry of Defence airfield and intends to at least double its workforce of 3,500 over the next few years. ...
Sir Philip Green hasn't pushed the boat out with his BHS pensions deal | Nils Pratley image
.... Green, one assumes, just wanted a clean break in order to keep his knighthood and, by securing official support for the settlement, he is most of the way there. Those MPs who voted for a de-gonging last year may still regard Green as a “billionaire spiv” but that, in itself, has never been an impediment to receiving a knighthood or a reason for losing one, as the honours committee will surely have to point out. ...
Christian Candy 'was hellbent on destroying' former friend's family image
Source : Guardian [Read Article] Tuesday 28th of February 2017 05:32:23 PM
. Property billionaires Nick and Christian Candy have been accused of frightening another businessman’s wife so seriously that she took to sleeping in her children’s bedroom, while the family hired armed guards and installed CCTV to protect their home. ...
Philip Green agrees to pay £363m into BHS pension fund image
Source : Guardian [Read Article] Tuesday 28th of February 2017 02:42:06 PM
....Sir Philip Green has agreed to hand over £363m in cash to rescue the BHS pension scheme, and settle one of the biggest City rows of recent decades. The deal with the Pensions Regulator, which is likely to help the billionaire keep his knighthood, follows the controversial collapse of the BHS department store chain last April, which led to the loss of 11,000 jobs and left a pension deficit assessed at £571m. ...
Sir Philip Green strikes BHS pension deal with regulator image
Source : BBC [Read Article] Tuesday 28th of February 2017 02:38:18 PM
.... Another £20m from Sir Philip is being used to cover expenses. MPs had also called for the Topshop billionaire to be stripped of his knighthood. ...
‘Housing should be seen as a human right. Not a commodity’ | Patrick Butler image
.... Others openly encourage it, offering rich individual foreign investors citizenship (“golden visas”) in return for property investment. It is symbolic, Farha notes, that the world’s most powerful politician, US president Donald Trump, is a billionaire property developer. ...
Samsung's acting head indicted on bribery charges as scandal grows image
Source : Guardian [Read Article] Tuesday 28th of February 2017 10:22:14 AM
....The merger was opposed by many shareholders, but went through after the national pension fund – a major Samsung shareholder – approved it. The arrest of the 48-year-old billionaire earlier this month deepened the crisis facing Samsung, coming soon after the safety scare involving its smartphone, the Galaxy Note 7. ...
SpaceX to fly two tourists around Moon in 2018 image
Source : BBC [Read Article] Monday 27th of February 2017 11:48:09 PM
....". The first mission would be unmanned, and the next one - with crew - was expected in the second quarter of 2018, the billionaire entrepreneur and inventor said. ...
Warren Buffett upbeat on US business growth image
Source : BBC [Read Article] Sunday 26th of February 2017 11:22:32 AM
. US billionaire Warren Buffett has backed American businesses to continue to create "mind-boggling" wealth. ...
Will Pirc squeeze Apple until the pips squeak? image
Source : Guardian [Read Article] Sunday 26th of February 2017 07:00:23 AM
....In any case, it seems unlikely that Apple chief executive Tim Cook will be losing much sleep over all this. After all, the company is clearly doing the right thing as far as billionaire investor Warren Buffett is concerned, since he recently quadrupled his stake. ...
Warren Buffett, 'Oracle of Omaha', criticises Wall Street and praises immigrants image
. The billionaire Warren Buffett, whose stock picks have turned Berkshire Hathaway into one of the most successful conglomerates in the world, criticised Wall Street on Saturday, saying investors should “stick with low-cost index funds”. ...
Snapchat IPO: Evan Spiegel tries to sell investors on his top product – himself image
.... If it works out, he’s going to be a very rich man. Next month Snap, owner of the Snapchat app, will go public on the New York stock exchange, cementing Spiegel and co-founder Bobby Murphy’s place in the ranks of tech billionaires. ...
Indonesia's four richest men worth as much as poorest 100 million image
Source : Guardian [Read Article] Thursday 23rd of February 2017 02:01:50 AM
....The four richest men in Indonesia own as much wealth as the country’s poorest 100 million citizens, despite the nation’s president repeatedly pledging to fighting “dangerous” levels of inequality. Oxfam on Thursday highlighted Indonesia as one of the most unequal countries in the world, where the number of dollar billionaires has increased from one in 2002 to 20 in 2016. ...
Humbled Unilever aims to show shareholders it values their loyalty image
Source : Guardian [Read Article] Wednesday 22nd of February 2017 07:36:53 PM
.... The chief executive, Paul Polman, after his unpleasant encounter with Kraft Heinz, appears to have drawn two correct conclusions. First, it was embarrassing that a company of Unilever’s size and standing could even be viewed as prey by Kraft’s cast of job-slashing billionaires. ...
Unilever takes steps to fend off renewed bid from Kraft Heinz image
Source : Guardian [Read Article] Wednesday 22nd of February 2017 03:09:35 PM
....Shares in the company climbed 3% following the statement, having soared 13% to a record high when Kraft’s interest was revealed on Friday and fallen back 8% on Monday. Unilever’s decision to take action immediately after becoming a bid target suggests management believes Kraft could renew its interest after its billionaire backers tasted a rare defeat. ...
Theresa May must take £115bn hint from Kraft Heinz's failed Unilever bid image
Source : Guardian [Read Article] Monday 20th of February 2017 07:33:19 PM
.... The US firm abandoned its £115bn bid for Unilever, we’re told, because it wasn’t expecting its proposal to receive such hostility from Unilever’s board and a few British and Dutch politicians. If that explanation is correct, Kraft’s crew of billionaires should get out more. ...
World's largest sailing yacht impounded in Gibraltar image
Source : Guardian [Read Article] Monday 20th of February 2017 05:29:18 PM
. The world’s largest sailing yacht has been impounded in Gibraltar over claims that its billionaire Russian owner owes the shipbuilder €15. ...
Kraft Heinz withdraws Unilever takeover bid image
Source : Guardian [Read Article] Sunday 19th of February 2017 05:28:53 PM
....”. Unions had voiced fears over the 9,000 jobs in Britain that could be affected under a takeover of Unilever by Kraft Heinz, where billionaire investor Warren Buffet owns more than a quarter of the shares and which is also backed by 3G, a Brazilian private equity firm. ...

Page rendered in 2.2715 seconds.