Co-founder Lazaridis cuts stake in BlackBerry
Mike Lazaridis, co-founder of Canadian smartphone maker BlackBerry, has sold 3.5 million shares in the troubled company for $26 million, according to documents filed with US regulators.
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
Co-founder abandons bid to acquire BlackBerry
BlackBerry co-founder Mike Lazaridis has officially dropped his plans to purchase the firm via a joint bid with a fellow co-founder as new management struggles to turn the troubled company around.
Italian startup AdEspresso secures $500K seed funding to optimize Facebook ads for SMBs
Italian spin-off AdEspresso raised $500,000 in seed funding from institutional and angel investors, for its Facebook ad optimization service for small and medium businesses (SMBs).
Kazakhstan to sell equal-sized stakes in BTA Bank to Kazkommertsbank, Kenes Rakishev for undisclosed sum
Samruk-Kazyna, Kazakhstan's sovereign wealth fund, on Monday struck a deal to sell equal-sized stakes in its BTA Bank. Its holding in the country's third-biggest bank will be sold to Kazkommertsbank a
Facebook chief executive Mark Zuckerberg to sell $2.3 B worth of shares as part of $3.9 B follow-on offering
Facebook chief executive Mark Zuckerberg will be selling 41.4 million shares worth $2.3 billion as part of Facebook's follow-on offering of 70 million shares. The said stock offering is worth a total
Fosun International seeks more real estate acquisitions in US after Chase Manhattan tower purchase
Fosun International, controlled by Chinese tycoon Guo Guangchang, is seeking to acquire apartments, hotels and offices in New York as well as in other US cities after its purchase of lower Manhattan l
Spain's Banco Sabadell to open more branches in Angola to target country's millionaires
Banco Sabadell, a Spain-based bank, plans to add 25 more branches to its existing 42 branches in Angola to target the growing millionaires in the country.
San Fracisco's Planet Labs secures $52M to launch satellite fleet into space
California, US-based firm Planet Labs has closed a fresh $52 million from a recent funding round to launch small satellites into space and gather data about the Earth.
KISSmetrics founders buy bootstrapped Seattle CRM company Stride
Seattle, US-based customer relationship management (CRM) company Stride has been acquired by KISSmetrics and Crazy Egg founders Neil Patel and Hiten Shan, who plan to market the service and make it ea
Billionaire Cheng's firm to acquire stake in Beijing airport
NWS Holdings Ltd, owned by Hong Kong tycoon Cheng Yu-tung, entered an agreement to purchase a stake in Beijing Capital International Airport Co from sovereign wealth fund GIC Pte.
