America Movil hikes stake in Telekom Austria to 26.8pct
Mexican tycoon Carlos Slim has decided to hike America Movil's stake in Telekom Austria to 26.8% by consolidating his company and family holdings in the Austrian telecom firm.
High-net worth individuals
Tim Cook Gets $16 Million After Selling Roughly 200,000 Apple Shares
Tim Cook sold 196,410 Apple shares this week, according to an SEC filing.
Joe Lewis: British Billionaire Who Admitted to US Insider Trading Argues He Shouldn’t Go to Jail
British billionaire Joe Lewis pled guilty to insider trading and sought supervised release for three years and a $5 million punishment instead of jail time...
EQT Plans to Divest 20% Stake in Ottobock to Its Existing Major Shareholders
Swedish global investment company EQT will return 20% of Ottobock's investment to its significant shareholders...
London Stock Exchange Group Plans to Increase CEO Pay
The London Stock Exchange Group (LSEG) is considering doubling CEO maximum pay amid concerns on UK firms' US listings and competition from high-paying American tech companies...
Swiss Bank Banque Pictet Admits to Conspiring With US Taxpayers to Hide Over $5.6 Billion From IRS
Swiss bank Banque Pictet has acknowledged its involvement in a conspir...
Four Serious Sentimental Factors Faced By Retail Traders
Traders should learn to deal with the emotional components of the mark...
Latest News
China-focused Boyu Capital to close $1.5B for second buyout fund -sources
China-focused private equity group Boyu Capital is set to close $1.5-billion for its second buyout fund within a few weeks, according to people familiar with the matter.
German CRM startup Linko bags $2.6M in seed round, buys Localstream
Berlin, Germany based customer relationship management (CRM) startup Linko raised $2.6 million in seed funding from angel investors and purchased tech startup Localstream for an undisclosed amount.
New York storytelling platform Contently pockets $9M in Series B funding
New York, US-based storytelling platform Contently raised $9 million in a Series B funding to expand its advertising enterprise tools and ensure that its journalists are equipped with important publis
Corporacion America agrees to buy Batista's stake in Brazil semiconductor project
Argentina-based investment group Corporacion America reached an agreement to buy the stake of entrepreneur Eike Batista in SIX Semicondutores, a Brazil-based billion-dollar semiconductor project, for
Power Assets Holdings Ltd reduces HK Electric Investments IPO size to $3.6B
Power Assets Holdings, the firm controlled by Li Ka-shing, has reduced the initial public offering size of Hong Kong's second largest power supplier, HK Electric Investments, Bloomberg reported.
US bankruptcy judge rejects Fikser's planned sale to Hong Kong billionaire Richard Li
Judge Kevin Gross of the US Bankruptcy Court in Wilmington, Delaware on Friday rejected a planned sale of Fisker Automotive to Hong Kong businessman Richard Li. Gross ruled in favor a competitive bidd
OakTree's Brady says he is bearish on 2014
Ian Brady, chief investment officer of California-based firm Oak Tree Wealth Management Ltd, cautioned about taking risk in credit and property, saying performance in 2014 will be hard to come by.
Wilbur Ross-backed Talmer Bancorp files for $230M IPO in the US
Michigan, US-based Talmer Bancorp Inc, a company backed by billionaire Wilbur Ross, filed for an initial public offering (IPO) of common stock worth $230 million with the US Securities and Exchange Co
British biotech firm QuantuMDx turns to crowdfunding to develop handheld malaria diagnostic device
British biotechnology startup QuantuMDx turned to crowdfunding platform Indiegogo to raise funds for the development and commercialization of a hand-held device that can diagnose malaria rapidly.
