Shares in Country Garden Holding, the Guangdong real estate developer controlled by billionaire Yang Huiyan, fell by 5% in Hong Kong today after the company announced plans for a 1-for-15 rights issue that would raise about HK$3.15 billion, or $406 …
What happens when billionaire businessmen bent on reducing the taxes, regulations, and wages they pay gather with the politicians most closely aligned with their agenda? Because of Lauren Windsor's groundbreaking investigative journalism on The …
Modi personally selected 12 of India's leading industrialists, including Ambani, and fellow billionaires Gautam Adani and Azim Premji to travel with him, the Economic Times reported, citing people it did not identify. Ambani, chairman of Reliance …
China's Dalian Wanda Group, led by the country's richest billionaire Wang Jianlin, plans to invest $813 million (5 billion yuan) into launching an e-commerce platform with Baidu Baidu and Tencent, according to multiple media reports that cited sources …
A deal to sell the majority stake of family-owned Market Basket to Arthur T. Demoulas for over $1.5 billion has finally been inked after weeks of tense negotiations. After a summer of discontent, Market Basket employees will finally be heading back to …
This year's Burning Man was still a week away when the story in question, a column by Times writer Nick Bilton, criticized the gaping divide between the festival's decommodified, no-money-allowed ethos and its appeal among rich Silicon Valley …
Shares in Wang Want China, the Chinese snack and beverage producer controlled by Taiwan's richest man Tsai Eng-meng, lost 1.7% in Hong Kong today after the company said profit growth for the first-half of this year dropped from a year earlier. Net …
Billionaires Anil Ambani, Kumar Mangalam Birla and Savitri Jindal lost a combined $1 billion of their net worth after India's highest court ruled that the allocation of coal mines since 1993 was illegal. The verdict yesterday spurred concern mining …
Snapchat chose the road of independence and venture capital over dancing with Internet giants like Facebook and Alibaba, and in the process its founders may have just become billionaires. Silicon Valley venture capital firm Kleiner Perkins Caufield …