Phone wars: Li Ka-shing’s Hutchison to buy O2 for $15 billion
Related: Hong Kong has a tycoon problem Li has been on spending spree of late, earlier this week paying £2.5 billion ($3.75 billion) for Britain’s Eversholt Rail. – Chicago Mercantile…
Tag: billion
Michael Mack: Debate Over GMOs Is A ‘Western Luxury’
Michael Mack, CEO of Syngenta, said some of the debate over food technologies like GMOs is “a Western luxury.” “Two billion people don’t have enough micronutrients, a billion people don’t…
The tech trends that will change the world
That said, there are a few undeniable trends. Making sense of the numbers According to every credible source we can find, there are almost 3 billion people connected to the…
3 reasons why the ECB stimulus matters
Draghi said Thursday that the ECB will purchase €60 billion worth of bonds a month as part of its so-called quantitative easing program, a good bit higher than chatter Wednesday…
This Guy Just Made $1 Billion Betting On Oil Prices
You know what’s cool? An oil-price collapse that saves you a few dollars when you fill up the Escalade. You know what’s cooler? An oil-price collapse that makes you ONE…
Facebook claims it created 4.5 million jobs
The study argues that Facebook has created a new line of workers that didn’t exist before: social media managers. Those 189,000 people (according to Deloitte) are responsible for promoting a…
Obama’s State of the Union wades into 2016
His upcoming State of the Union speech on Tuesday night will lay out a litany of Democratic pipe dreams that have little chance of becoming law. But his proposals are…
The richest woman in the world is …
With a combined wealth of $930 billion, the world’s richest females are making their mark on the global economyand their fortunes are only expected to improve in 2015. Of the…
IRS will do fewer tax audits this year
Related: 10 audit red flags The commissioner’s big concern: fewer audits will mean the agency will collect less of the money owed. He estimated that the IRS has been unable…
Want to be the next Mark Zuckerberg? Dream on
There’s a tech bubble and no one knows when exactly it will pop. We have sky-rocketing valuations like Airbnb ($13 billion), Uber ($41 billion), Snapchat ($10 billion), Dropbox ($10 billion)…
Jaguar introduces a new F-PACE SUV at the Detroit auto show
The Solihull factory currently employs 9,450 workers who manufacture other vehicles including the Jaguar XE, the Range Rover and the Land Rover Discovery. The company recently invested £1.5 billion ($2.3…
Premarkets: 5 things to know before the open
Property firm Cheung Kong (CHEUF) jumped nearly 15%, while investment holding firm Hutchison Whampoa (HUWHF) climbed almost 13% in Hong Kong trading. Both are owned by Li, 86, worth an…
European Debt Crisis Fast Facts
December 23, 2011 – After a series of credit downgrades and exposure to the financial crisis in Greece, Cyprus signs an agreement with Russia for an emergency loan worth €2.5…