Investor James Pattison, owner of the Guinness Book of World Records, has emerged as Canada’s richest person after new information revealed that David K.R. Thomson, heir to the Thomson media empire, owns a smaller stake in his family’s investment company than previously reported.
Yusuf Alireza, who was promoted to co-president of Goldman Sachs Group Inc.’s operations in the Asia-Pacific region outside Japan in January, is leaving after 19 years with the company, according to an internal memo.
Singapore Airlines Ltd. is being sued by a man after another passenger’s bag from an overhead compartment fell on his head during a flight in 2007, Today reported. Mark David Ryan, who had to undergo neck surgery after the accident on board a flight bound for Hong Kong, is claiming more than S$60,000 ($43,500) in medical expenses incurred so far, the newspaper said, citing court documents filed. Ryan is also seeking damages for pain and suffering, loss of future earnings and earning capacity as well as future medical and transport costs, according to the report. Singapore Air, represented by Rodyk and Davidson’s lawyers, is disputing the claim and Ryan’s version of events, saying it had taken all necessary measures to ensure the safety of its passengers, the newspaper said.
First Quantum Minerals Ltd. will meet Inmet Mining Corp. investors to seek to win them over to its C$5.1 billion ($5.2 billion) takeover offer for the company after the target’s management this week rejected the approach.
Leucadia National Corp., Inmet Mining Corp.’s largest shareholder, plans to tender shares in the Canadian mining company in support of First Quantum Minerals Ltd.’s C$5.1 billion ($5.2 billion) hostile bid for Inmet.