First, governments around the world need extra cash. Meanwhile, rich Chinese, who face limited investment options at home, are looking for better places to deploy their resources. Some are also looking for overseas domiciles in case of scandal at home …
On Thursday Mubulala Development converted one of its investment in Batista's EBX Group to debt, meaning Batista now owes the fund $1.5 billion, according to the news service's Billionaires Index. Consequently Batista, once estimated to be worth $34.5 …
The acquisition of Digital Domain 3.0 Saturday by a Hong Kong-based scrap-trading company is in reality just the public face of a complex, long-gestating deal financed by a mysterious Chinese investor whose name is rarely uttered by his associates and …
There are 3770 official millionaires and four billionaires in Ukraine. These data is released by the Incomes and Fees Ministry on results of campaign of declaring income and property status. In total, nearly 665 thousand declarations were filed for a …
'We have a penetration of one in two billionaires in the world', Chief Executive Officer Sergio Ermotti told analysts and reporters Tuesday. 'In Asia, this was much deeper'. UBS is targeting affluent clients in emerging markets as indebted economies …
Gupta was convicted of passing inside information to hedge fund billionaire, Raj Rajaratnam. Rajaratnam was convicted at trial and received one of the longest sentences ever given for insider trading, 11 years. While Rajaratnam is currently in prison …
<em>Series premieres Sun., June 2 at 9 p.m. ET.</em> <strong>What To Know</strong>: The reality series follows six college-educated women from affluent areas of Long Island who are still living with their families. …. premieres Mon., June 10 at 10 p …
Media reports on this new study blamed all the usual suspects for America's disappointing health: poor personal health habits, inadequate access to health care, and just plain poverty. If Americans exercised … His latest book is "The Rich Don't …
Chidambaram has told ToI that the government was looking to some more “import compression”, specifically relating to goods which could be produced locally or were in the nature of luxury items. In other words, the FM was now looking at clamping down on …