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Chinese Billionaire Buys Sun...
A Chinese conglomerate owned by billionaire investor Wang Jianlin will acquire the British luxury yacht maker Sunseeker. The Dalian Wanda Group Corporation, which is headed by the billionaire Chinese...
FedEx Suffers From Downturn...
FedEx Corp. will restructure its operations to take advantage of low demand for its priority shipping services, the company announced. FedEx is the world’s largest air freight company has suffered f...
Fashion Designers Dolce and...
Two of Italy’s most well known fashion designers are facing a lengthy jail sentence for evading taxes on approximately £833 million in income. Stefano Gabbana and Domenico Dolce, the two founders o...
Federal Reserve QE3 Policies...
The United States’ economic policy of quantitative easing will come to an end during 2014, Federal Reserve chairman Ben Bernanke claimed. The Federal Reserve’s third quantitative easing effort, na...