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Anglo Platinum cuts on expenditures, may lay off workers
Anglo American Platinum Limited reveals cost-effective plans. Anglo American Platinum Limited (AMS), in its goal to regain profitability, plans to cut down employment from its South Africa head office.
Falcone admits wrongdoing, agrees to SEC ban
Billionaire Philip Falcone agreed to a five year ban in the securities industry and admits wrongdoing in the allegations filed by the US Securities and Exchange Commission.
Blackstone to sell Broadgate stake for USD2.7 billion
Blackstone Group LP agreed to sell its 50% stake in the Broadgate office complex valued GBP1.7 billion according to sources familiar with the deal.
Wang Jianlin becomes China's wealthiest person
Wang Jianlin, China's property mogul and also the wealthiest person in the country, said that he would increase his property holdings by 88% in 2014 and would expand overseas acquisitions.