Mexican telecom magnate Carlos Slim has quietly overtaken investor Warren Buffett to become the world's second-richest man and is now "breathtakingly close" to wresting the top spot from Bill Gates, Forbes magazine reported.
Martha Stewart, the self-styled American authority on taste, plans to bring her books, magazines and television shows to Russia, tapping into an expanding middle class as incomes surge in the former Soviet republic.
In the first purchase of his collection, Sellam Ismail loaded the trunk of his car with old computers he stumbled upon at a flea market for $5 apiece. Soon he had filled his three-car garage with what others would consider obsolete junk.
Better known for its rich farming and universities, the central Argentine province of Cordoba is styling itself as the country's own Silicon Valley, and more than 250 technology companies already call it home.
PPR SA, the French retailer controlled by the billionaire Pinault family, bought a 27 percent stake in Puma AG and will make an offer for the rest of the German sporting-goods maker for a total 5.3 billion euros.
Risks to the global economy have lessened compared to six months ago but their nature has changed, International Monetary Fund chief Rodrigo Rato said on Monday.
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