According to the Bloomberg Billionaire's Index, Ortega recently passed Buffett as the world's richest individual.
Investors
Verizon and US regulators disagree on net neutrality
Verizon, US's biggest wireless provider, argued in a US Court of Appeals for the District of Colombia that the 2011 rule on net neutrality violated its First Amendment rights.
Annuities are best retirement investment if government regulates them - report
In her Reuters column, Allison Schrager asked a question that had continued to remain unanswered: How should people actually spend their retirement money?
Taxing financial deals is illegal- EU lawyers
Lawyers of the European Union said the proposed transaction tax plan was illegal. European Union lawyers said the transaction tax plan proposed by eleven European member states was illegal.
NoKor, SoKor agree on reopening of Kaesong industrial park on trial basis
The two Koreas agreed to resume operations of the Kaesong industrial zone on a trial basis starting Monday.
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OGX Petroleo, Eike Batista's flagship company, may seek more financial assistance from bondholders to avoid seeking bankruptcy protection.
Petrobras, in a campaign to raise funds for its pre-salt mine exploration, had sold some of its stakes and pipelines in Colombia.
US authorities want to seize real estate properties in New York that were used to launder money from Russia.
Corporate titans in India had pledged to invest elsewhere should there would be no long-term economic reforms in place.
US Federal Trade Commission (FTC)'s Bureau of Competition cleared Honeywell International's proposed acquisition of Intermec on the condition that they license some key patents out to a competitor.
The second largest oil producer in Qatar, Occidental Petroleum Corp, is offering a minority share in its Middle Eastern operations.
The JOBS Act is what made Twitter's IPO secretive and relatively inexpensive. Twitter is taking a different path en route to its IPO. This may become the path that many others after it would follow, especially in this day and age of excessive sharing through social media.
The trend now with interested buyers of Blackberry is to carve up the smartphone maker instead of purchasing it lock , stock and barrel.
Azul CEO David Neeleman would be pushing through with an IPO after it cancelled its scheduled IPO last August because of unfavorable market conditions.
