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The Margin: World’s biggest hedge-fund manager ‘thrilled’ with Biden’s inauguration speech but still believes America’s on ‘brink of a terrible civil war’
Back in early December, Ray Dalio, the billionaire founder of Bridgewater Associates, sounded the alarm on class and power struggles that are tearing the country apart. It hasn't improved much since then, apparently......»»
The Margin: World’s biggest hedge-fund manager ‘thrilled’ with Biden’s inauguration speech but still believes America’s on ‘brink of terrible civil war’
Back in early December, Ray Dalio, the billionaire founder of Bridgewater Associates, sounded the alarm on class and power struggles that are tearing the country apart. It hasn't improved much since then, apparently......»»
After surprise apology, Samsung heir pressed to explain family"s intentions
Samsung Group heir Jay Y. Lee's vow to end dynastic succession at South Korea's biggest conglomerate following three generations of family control sparked skepticism in some quarters and worry in others for the future of the country's corporate champions......»»
Coronavirus casualty Virgin Australia could prosper under new owners
Virgin Australia's entry into administration could give any successful bidder for the country's second-biggest airline the chance to free it from a complex ownership structure that has slowed decision making and been blamed for years of losses......»»
Brazil, U.S. sign agreement to develop defense technology
Brazilian and U.S. governments signed on Sunday an agreement for development of defense projects that may give the South American country access to financing......»»
Thomas Cook enlists China"s Fosun to salvage oldest travel firm
Thomas Cook is negotiating a 750 million pound ($941 million) rescue that will give Fosun Tourism , its biggest investor, control of the indebted British group's package-tour business, in a blow to other shareholders......»»
China iron ore imports fall to 18-month low in April as Brazil shipments slide
China's iron ore imports in April fell to the lowest level in 18 months as poor weather in Brazil, the country's second-biggest supplier, disrupted shipments and some production by miner Vale SA was halted after a mine accident......»»
Walmart resets its international ambitions - MarketWatch
News18Walmart resets its international ambitionsMarketWatchThe world's biggest retailer has concluded it can't take on the whole world by itself. Walmart Inc. is in discussions to give up control over hundreds of stores in t.....»»
The Wall Street Journal: Zynga founder surrenders voting control, as shares move to single-class structure
Social and mobile-game maker Zynga Inc. is moving to a single-class stock structure, diminishing the control of its founder as other technology companies maintain systems that give insiders extra voting power......»»
China Three Gorges launches $10.8 billion bid for Portuguese power firm EDP
LISBON (Reuters) - China's state-owned utility China Three Gorges on Friday launched a bid to take control of Portugal's biggest company EDP, offering a premium of just below 5 percent on the power firm's closing stock price......»»
Brazil president hopes measures will end crippling strike
A strike by Brazilian truckers that has caused shortages at gas stations and supermarkets across Latin America's biggest country has entered a seventh day with no immediate solution in sight......»»
The Tell: World’s largest hedge fund is facing an important change, according to a report
Bridgewater Associates plans to adopt a partnership structure that will give some of the investment fund’s top officials more power and control in running the hedge fund, according to a New York Times report......»»
California passes strictest online privacy law in the country
The California Consumer Privacy Act will give consumers more control over how their data is collected, used and sold......»»
Brazil took an "extreme measure" to fight crime in one of its biggest cities, but it"s only made things worse
REUTERS/Ricardo Moraes Brazil's government sent the army into Rio de Janeiro to take over public security in February. It was the first such move since the country's military dictatorship fell in the mid-1980s. In the months si.....»»
Bar association says city lacks authority to establish commercial rent control
The city lacks the legal authority to establish commercial rent control, according to a report released Tuesday by the New York City Bar Association, so a pending bill to give retail tenants power... To view the full story, click the title link......»»
Why Congo Election Is Destined for a Chaotic Outcome: QuickTake
The Democratic Republic of Congo, sub-Saharan Africa’s biggest country, has never witnessed a democratic transfer of power. Joseph Kabila inherited the presidency of the resource-rich natio.....»»
Why Congo’s Election Is Headed for a Chaotic Outcome
The Democratic Republic of Congo, sub-Saharan Africa’s biggest country, looks set to witness its first-ever transfer of power via the ballot box after opposition leader Felix Tshisekedi, 55, was declared the provisional winner of Dec. 30 presiden.....»»
Why Congo’s Election Results Confounded the Pundits
The Democratic Republic of Congo, sub-Saharan Africa’s biggest country, is aiming for its first transfer of power via the ballot box since the cobalt- and copper-rich nation gained independence from Belgium almost six decades ago. But elections .....»»
What U.S. Sanctions on Venezuela Mean to Oil Prices
Although the country has the world’s biggest oil reserves, a cut in its already faltering output won’t affect prices. If opposition leader Juan Guaidó takes control, however, that could change......»»
"It"s Easier to Count the Living": Disaster Shakes Brazil"s Faith in Mining
As more bodies are recovered after last month’s deadly dam collapse in Brazil, concerns are spreading across a country where vast natural resources have created companies that often wield more power than local governments......»»