US ; Company returns $1.3 million Yasser Arafat invested in New ...
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&quot;Effectively as of today, the PCSC will have no investments in Strike Holdings,&quot; Shannon added. The PCSC is a Ramallah-based holding company owned by the Palestinian Authority.
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The US pledges $20m to help Palestinians out of a financial crisis - a rare direct payment from Washington.
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Dubai is paying $1.15 billion for the  global port assets of U.S.-based CSX Corp., outbidding the  world's two biggest container port operators to gain a foothold  in Hong Kong and access to booming China.
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The owner of a popular bowling alley in Greenwich Village said Thursday his company was severing ties with a group tied to the late Palestinian leader Yasser Arafat and is returning its $1.3 million investment.
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The move was part of a push by the company to return billions of dollars to its shareholders.
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Warren E. Buffett sold about 1.1 billion Hong Kong dollars worth ($141 million) of shares in the PetroChina Company.
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Inserts new paragraph 3 to show 3-cent charge for purposes of comparison with Reuters Estimates
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Qatar has bought shares in Credit Suisse , and plans to spend as much as $15 billion on European and U.S. bank stocks during the next 12 months, Bloomberg News reported, citing the Qatari prime minister.
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Goldman Sachs Group Inc., the third- largest US securities firm, said profit rose 30 percent as fixed-income and commodities trading revenue increased by almost $1 billion and fees from mergers advice climbed.
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DP World will sell 20 percent of its shares, worth at least $3.5 billion, in what will be the Middle Eastâs largest initial public offering.
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Nathaniel Rothschild has parlayed his familyâs name and private equity investments into a fortune that is approaching $1 billion.
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The government of Libya, flush with oil, has amassed $40 billion and is ready to put it in play on Wall Street. China recently acquired a huge stake in one of the biggest names in U.S. finance. Tiny Qatar is adding $1 billion a week to its investment coffers and is trying to buy the leading grocer...
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(Corrects in third paragraph to show foundation selling 200 million euros' worth of existing shares, not 200 million shares)
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For the first time in four years, the donor nations that sustain the Palestinian economy have reason for optimism. For now, however, that optimism won't mean more money for the Palestinians.
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A US company has received more than $1bn in funding to build prototype unmanned fighter aircraft for the American military.
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The CEO of a company that owns several US bowling alleys, including a popular one in Greenwich Village, said Thursday it was severing ties with a group linked to Yasser Arafat and would return its $1.3 million investment.
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RUPERT Murdoch is literally buying back the farm - and the art and other myriad investments worth more than $50 million. As part of the proposed move of The News Corporation Ltd to the US, Mr Murdoch and his