Billionaire investor Wilbur Ross, who made his fortune making bold bets on distressed industries, is buying H&R Block Inc's mortgage servicing business for $1.1 billion amid the worst market crisis in decades. Ross will emerge the No. 2 U.S.
IOI Corp , the world's third-biggest listed palm oil firm, plans to buy large tracts of plantation land in Malaysia and set up processing plants in Europe to boost revenues and take advantage of the global commodity boom.
The estate of Elisabeth Schwarzkopf, the legendary German soprano who died in 2006, went under the hammer here this week, raising much more than expected for two children's charities, the Vienna-based auction house Dorotheum said Friday March 14th.
Investment funds that have ploughed tens of billions into commodities are now sniffing around Australia's small wool futures market for a new play as surging food prices begin to reduce land for grazing.
Singapore's GIC sovereign wealth fund is to take a 14.3 percent stake in the Benetton family's holding company, Luxembourg-based Sintonia SA, for one billion euros (1.53 billion dollars), Sintonia said Tuesday March 11th.
Sales of a bracelet will go towards a U.N. fund to combat violence against women under a plan announced on Tuesday by the United Nations, the Avon cosmetics company and movie star Reese Witherspoon. Avon Products Inc.