The Childrens Investment Fund and Its Nonprofit Twin
Christopher Cooper-Hohn and his wife, Jamie, follow a simple economic formula: he makes money, and she gives it away.
Dhananjaya Rao/Family Health International
Mr. Cooper-Hohn runs the Children’s Investment Fund, or T.C.I., a succ...
Korean Court Clears Firm of Stock Manipulation
SEOUL — A South Korean high court cleared the American private equity firm Lone Star on Tuesday of manipulating the share price of the former credit card unit of the Korea Exchange Bank.
The ruling, rejecting an earlier decision, reduce...
Bid for Australian Energy Company Turns Hostile
PARIS — The BG Group, the British gas utility, took its $13 billion bid for Origin Energy, the Australian energy company, directly to shareholders on Tuesday, saying Origin was overplaying its hand by demanding a larger takeover offer.
Nokia to Open Access to Mobile Software
BERLIN — Nokia, the world’s largest maker of cellphones, said Tuesday that it would make the software that runs its phones available to outside developers, as the company tries to head off competition and stimulate the use of mobile music,...
NYSE Buys 25% of Qatar Securities Market
LONDON — NYSE Euronext agreed on Tuesday to buy a 25 percent stake in the Qatar securities market, gaining a lead in the race against its British and German rivals to become a truly global stock exchange at a time when growth has slowed in thei...
Investor, a Socialite, Is Charged With Fraud
An Italian businessman who was accused last year by the entrepreneur Ron Burkle of misusing more than $1 million he had put up for investments was arrested on Tuesday and charged with fraud and money laundering.
Timothy A. Clary/Agence Fran...
Brazil Seizes Livestock to Protect Rain Forest
Silvia Izquierdo/Associated Press
Cattle grazed last November in a deforested area of Assis, in the Brazilian Amazon. Ranchers have been blamed for deforestation.
SÃO PAULO, Brazil — In an unprecedented move against rogue catt...
