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5 days ago | 
bloomberg.com | Alexander Sazonov |Ainsley Thomson
Naguib Sawiris amassed a fortune in telecoms and mining across emerging markets. (Bloomberg) -- It was meant to be the last hurrah of a billionaire’s near five decades of deal-making — and a second shot at success in the media business. Naguib Sawiris, who’d built a $8.4 billion fortune in some of the world’s toughest markets, set up Moniify last year as a kind of CNBC for the TikTok generation.
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1 week ago | 
news.bloombergtax.com | Yuliya Fedorinova |Alexander Sazonov
Billionaire Vladimir Potanin acquired a stake in Yandex, Russia’s leading tech company, following the expiration of a lock-up period related to last year’s sale of the company’s local business by its Dutch-registered founder. Catalytic People ILLC, a company affiliated with Potanin, purchased Meridian-Servis LLC, which had acquired a 10% stake in Yandex last year as part of the consortium that took over the entire business, according to data from a Russian corporate registry.
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1 week ago | 
bloomberg.com | Yuliya Fedorinova |Alexander Sazonov
Vladimir Potanin(Bloomberg) -- Billionaire Vladimir Potanin acquired a stake in Yandex, Russia’s leading tech company, following the expiration of a lock-up period related to last year’s sale of the company’s local business by its Dutch-registered founder.
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3 weeks ago | 
bloomberglinea.com.br | Alexander Sazonov |Anders Melin |Michaela Nagyidaiova
Bloomberg — O fabricante de armas Michal Strnad gosta de dizer que trabalha no setor de defesa. Como a Europa está se rearmando em grande escala, esse é um lugar lucrativo para se estar. O Czechoslovak Group, de capital fechado, que começou a comercializar material militar soviético sob o comando de seu pai há três décadas, triplicou de valor nos últimos dois anos, de acordo com o Bloomberg Billionaires Index.
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1 month ago | 
detroitnews.com | Alexander Sazonov |Anders Melin
Weapons maker Michal Strnad likes to say he works in the business of defense. As Europe re-arms on a massive scale, it’s proving a lucrative place to be. His closely held Czechoslovak Group AS, which started out trading Soviet military material under his father three decades ago, has tripled in value in the past two years, according to the Bloomberg Billionaires Index.
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1 month ago | 
bloomberg.com | Alexander Sazonov |Anders Melin
An Excalibur Army Dita self-propelled howitzer outside the CSG factory in Sternberk, Czech Republic. (Bloomberg) -- Weapons maker Michal Strnad likes to say he works in the business of defense. As Europe re-arms on a massive scale, it’s proving a lucrative place to be. His closely-held Czechoslovak Group AS, which started out trading Soviet military material under his father three decades ago, has tripled in value in the past two years, according to the Bloomberg Billionaires Index.
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1 month ago | 
flipboard.com | Alexander Sazonov |Anders Melin
1 hour agoPresident Trump on Thursday is set to announce his first trade agreement since his steep tariffs last month roiled stock markets, teasing the announcement in a social media post late Wednesday night. The U.S. economy shrinks as Trump's tariffs spark recession fears Trump did not reveal the name of …
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2 months ago | 
bloomberg.com | Alex Dooler |Alexander Sazonov
Independent Swiss watchmaker MB&F’s founder Maximilian Büsser recalls struggling to sell even two ultra-luxury timepieces in the Middle East a few years ago. Last year, his firm sold 46 in the region, some worth as much as $240,000. At Dubai’s biggest mall, business has been so brisk that MB&F had only one watch left on display this January, requiring more to be shipped in from Geneva.
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2 months ago | 
flipboard.com | Alex Dooler |Alexander Sazonov
NowOp-ed: The groupthink mind virus has taken over Wall Street and Washington in the worst wayWhat happens when irrational exuberance, groupthink, and wishful thinking begin to cloud narrative, dominate the rhetoric, and shape decision-making?
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Jan 14, 2025 | 
ca.finance.yahoo.com | Ben Bartenstein |David Ramli |Alexander Sazonov
(Bloomberg) -- Alex Georges Tannous came across as a man with many of the trappings that might be associated with Emirati royalty: a Rolodex full of rich friends, a lavish villa in Dubai and a diplomatic passport to boot. • None These Homes Withstood the LA Fires. Architects Explain WhyBut US federal prosecutors say that was all a mirage. The Lebanese national, who pitched himself to Texas small-business owners as a Dubai prince, was running a complex financial fraud.
