Tech billionaire Larry Ellison’s fortune surged on Tuesday after shares of Oracle, his cloud computing company, reached an all-time high. By midday, Ellison’s net worth had jumped by $18 billion, climbing from $173.3 billion to $191.7 billion. This leap vaulted him past Facebook co-founder Mark Zuckerberg ($174 billion) and Europe’s...

The UK government has announced the timeline for the introduction of its Electronic Travel Authorization (ETA) system, which will be mandatory for visa-exempt travelers starting in 2025. This post-Brexit measure aims to enhance border security and better manage migration. Starting January 8, 2025, citizens from Canada, the United States, and...

Contrary to the common belief that America's richest individuals flock exclusively to sun-soaked southern states, new data shows their migration patterns are more diverse. While Florida features prominently, affluent migrations are spreading across various regions of the U.S. In 2023, the Deltona-Daytona Beach-Ormond Beach area in Florida led the nation...

In a surprising reversal of an earlier ruling, a Swedish court has sentenced Birgitte Bonnesen, the former CEO of Swedbank, to 15 months in prison for issuing misleading statements that led to significant financial losses. This follows her initial acquittal by the Stockholm District Court in January 2023. The case...

Dubai’s property market is experiencing another record-breaking year in 2024, with sales and property values surging, according to local real estate firms. The city’s booming demand, particularly in the luxury segment, is driving up prices across the board, as the UAE is on track to become the world’s top destination...

A $39 billion takeover attempt by Canada’s Alimentation Couche-Tard for the owner of 7-Eleven is being seen as a turning point for Japan's corporate governance, and it has left executives worried their own companies might soon face similar bids. The CEO of Suntory Holdings, Takeshi Niinami, shared this perspective. In...

Following Verizon's announcement of its acquisition of Frontier Communications, speculation about a new race for fiber assets has surged. Yesterday, AT&T and BlackRock responded with news of an expanded plan for their Gigapower fiber joint venture, while AT&T also revealed four new partnerships aimed at accelerating its fiber network growth....

Oliver Martin, born on March 31, 1985 in Zurich, Switzerland, is an example of how people can find success and happiness despite adverse circumstances. As an author, entrepreneur and wealth manager, he has not only gained a foundation in the financial and real estate industries, but has also turned his...

Hong Kong-based conglomerate CK Hutchison is preparing to raise up to $1.5 billion through a two-part US dollar bond issuance, according to sources familiar with the matter. The company is targeting 5.5-year and 10-year bonds, as outlined in a term sheet shared on Tuesday, September 10. Initial pricing guidance for...