Home / Finance (Page 2)
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VIDEO: Google sees $19.8bn wiped off its value after blunder
Google saw nearly $20bn wiped off its market value after third quarter earning figures were released prematurely by its...
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VIDEO: Vikram Pandit steps down as Citi Group CEO
Citigroup Inc. (C) Chief Executive Officer Vikram Pandit, who led the bank through its government rescue, stepped down and...
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‘Rich Dad Poor Dad’ author Robert Kiyosaki files for corporate bankruptcy after losing $24m judgement
After a long, lucrative career writing financial self-help books and giving seminars, “Rich Dad Poor Dad” author Robert...
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Recession stricken Greece to spend almost €100 million on building F1 track
Greece unblocked a subsidy of 28.9 million euros ($37.2 million) for the construction of an international-standard racetrack...
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Iran’s Rial falls to all time low against the US Dollar
Iran’s currency, the rial, fell as much as 18% on Monday to a record low against the US dollar, according to media...
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JPMorgan sued for allegedly defrauding investors
The New York Attorney General has sued JPMorgan Chase for allegedly defrauding investors who lost more than $20bn (£12bn)...
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PHOTOS: In 2006 China had just 15 Billionaires - Today there’s 251 - Check out the Ten Richest people in China
The Hurun Research Institute released on September 24 the Hurun Rich List 2012, an annual ranking of the 1,000 richest individuals...
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Psy’s ‘Gangnam Style’ helps double the value of his fathers company
A pop star whose song “Gangnam Style” became the first Korean hit to top Apple’s music download charts...
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PHOTOS: America’s ten richest billionaires
10 – Michael Bloomberg - $25billion – Bloomberg LP - 70 IMAGE: Reuters/Jessica Rinaldi 9 – S Robson...
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Former president of IBM Takuma Otoshi charged with taking ‘up-skirt’ pictures at Tokyo train station
© AFP The former president of IBM Japan was arrested and charged for taking pictures up a woman’s skirt as he rode on...
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Billionaire investment tycoon George Soros buys 7.85% stake in Manchester United
© Bloomberg Billionaire investment tycoon, George Soros looks to be backing Manchester United’s recent floatation on the...
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Manchester United files $100million IPO in New York
Manchester United have announced plans to float on the New York Stock Exchange in an IPO that will see the current owners...
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Bob Diamond resigns with immediate effect as Barclays chief executive
Barclay’s chief executive Bob Diamond has resigned with immediate effect, just days after the bank were fined for trying...
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Stockton, California set to become biggest U.S. city to file for bankruptcy
The California city of Stockton may become the largest American city to declare bankruptcy after approving a special budget...
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Billionaire Oracle founder Larry Ellison buys Hawaiian Island
Billionaire boss of technology giant Oracle is reportedly set to buy 98 per cent of the Hawaiian island of Lanai. Details...
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Asia’s wealthy favor Singapore over Hong Kong according to new report
© TimeOut Singapore Singapore proved why it was one of the world’s leading cities when it overtook Hong Kong to become...
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VIDEO: Dallas Mavericks owner Mark Cuban admits he got burned by Facebook IPO too
Dallas Mavericks owner and Internet pioneer Mark Cuban admitted he got caught up in the hype surrounding the Facebook IPO...
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Manchester United drop Asian IPO in favour of US
Manchester United have decided to ditch Asia in favour of a North American IPO according to reports. The footballing giant...
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Facebook continues to struggle as stock crashes below $30
Many on Wall Street are already asking if Facebook’s IPO is the worst ever, after it entered the market at what some believe...
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Facebook eyes move to acquire Face.com
Tech insiders reported yesterday that Facebook, whose stock is still suffering from the aftershocks of a disastrous IPO,...
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Facebook, Mark Zuckerberg and Morgan Stanley sued by shareholders over IPO
Facebook founder Mark Zuckerberg and several banks are being sued by the social network’s shareholders over its disastrous...
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Facebook continues to see shares sell off leaving many investors questioning the stock’s valuation
Facebook’s sell of continued on Tuesday with the company’s shares hitting a low of $30.98, falling nearly 9% below Mondays...
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Chinese billionaire forms worlds largest Cinema group after buying AMC
A Chinese Billionaire with a personal fortune of over $5 billion, who runs one of China’s largest real estate development...
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Yahoo agree deal to sell 20% stake in Alibaba for $7.1billion
Yahoo and China’s Alibaba Group have agreed a $7.1 billion deal, which will see Alibaba purchase half of Yahoo’s shares...