Buffett donates record $2.84 billion to Gates, family charities| Reuters
Jul 06, 2015 at 23:31 | Source:
REUTERS - Warren Buffett on Monday donated about $2.84 billion of Berkshire Hathaway Inc (BRKa.N) stock to the Bill and Melinda Gates Foundation and four family charities, as part of the billionaire's plan to give away nearly all of his wealth.The 10...
News Corp must face Dial, Heinz ad monopoly class action - judge| Reuters
Jun 19, 2015 at 22:45 | Source:
NEW YORK News Corp has been ordered by a Manhattan federal judge to face a class action lawsuit accusing it of monopolizing the market for in-store promotions at some 52,500 retail stores across the United States.U.S. District Judge William Pauley sa...
World's second richest man may want a piece of India's telecom pie
May 28, 2015 at 11:55 | Source:
The Warren Buffett of Mexico and the world's second richest man Carlos Slim maybe eyeing India for his next big investment and theSlim-controlled America Mvil, the world's fourthlargest telecom company by subscriber base, might already have taken its...
Sensex volatility is no reason for panic; smart money isn't going anywhere
May 08, 2015 at 12:46 | Source:
Explaining the markets short-term direction is a mugs game. Even before one has finished explaining why the Bombay Stock Exchange Sensex went down like a stone the other day, today (8 May) it is seems buoyant. After Wednesdays 723-point drop, around ...
Buffett celebrates 50th year at Berkshire, faces tough questions| Reuters
May 03, 2015 at 12:15 | Source:
OMAHA, Neb. (Reuters) - Berkshire Hathaway Inc (BRKa.N) shareholders on Saturday celebrated Warren Buffett's 50th anniversary running the conglomerate, as the billionaire expressed optimism the company would thrive over the long haul, even after he i...
Buffett celebrates 50th year at Berkshire, defends 3G ties| Reuters
May 03, 2015 at 00:30 | Source:
OMAHA, Neb. (Reuters) - Berkshire Hathaway Inc shareholders on Saturday celebrated Warren Buffett's 50th anniversary running the conglomerate, as the billionaire fielded questions about the company and its future, and explained some business practice...
Kingfisher to United Spirits: Charting out the great fall of Vijay Mallya
Apr 27, 2015 at 15:16 | Source:
Vijay Mallya is too much of a stiff upper lip to have ever read the Urdu poet Mirza Ghalib. But if he has, he would know, that one of Ghalib's most famous couplets, fits the current situation that Mallya is in, very well.Sometime in the nineteenth ce...
Apple's Tim Cook plans to give away all his money to charity
Mar 27, 2015 at 10:42 | Source:
Apple Chief Executive Tim Cook is joining the roster of the very rich who are giving away their wealth.Fortune magazine cited the head of the world's largest technology corporation as saying he planned to donate his estimated $785 million fortune to ...
China's BYD takes aim at Tesla in battery factory race
Mar 14, 2015 at 04:45 | Source:
LOS ANGELES (Reuters) - Chinese automaker BYD (1211.HK) Co Ltd (002594.SZ), backed by Warren Buffett's Berkshire Hathaway Inc (BRKa.N), aims to triple its production of batteries as it takes on Tesla Motors (TSLA.O) in the race to supply electric veh...
The Chinese company founder aiming to be Warren Buffett
Mar 06, 2015 at 19:22 | Source:
If you live in the West you've probably never heard of Guo Guangchang - or Fosun, the company he founded and now chairs. But if Mr Guo has his way that is likely to change - and soon. In just two decades he has transformed Fosun into one of Chin...
Corrected - Bill Gates tops Forbes rich list, Michael Jordan joins
Mar 03, 2015 at 01:30 | Source:
(Reuters) - (The story was refiled to correct Mark Zuckerberg's net worth in paragraph 10 to $33.4 billion from $34.8 billion, which Forbes reported as his net worth in real time as of Monday. Zuckerberg's ranking is unaffected.)Bill Gates stands ato...
Mukesh Ambani richest Indian for 8th year, Gates leads global list: Forbes
Mar 02, 2015 at 22:33 | Source:
New York: Mukesh Ambani has retained his position as the richest Indian for the eighth year in a row with a networth of $21 billion, while moving up one place on the global rich list that has been topped once again by software czar Bill Gates.Among t...
Bill Gates is named world's richest person again
Mar 02, 2015 at 21:27 | Source:
Bill Gates has been declared the richest man in the world for the second year running by Forbes magazine's annual ranking of global billionaires. The Microsoft founder once again beat Mexican businessman Carlos Slim to the top spot. Mr Gates...