APN News & Media Ltd. Chairman Peter Hunt, Chief Executive Officer Brett Chenoweth and three other directors resigned in a dispute with the publisher’s largest shareholder over plans to sell stock and reduce debt.
Irish billionaire Denis O’Brien said his contribution to Irish soccer manager’s Giovanni Trapattoni’s salary was “probably one of my better investments” even after the team lost all three games in the European Championship this month.
Independent News & Media Plc’s largest shareholder, Denis O’Brien, told the media company it should sell its South African interests and invest the proceeds in its Australian and Asian businesses, the Sunday Business Post reported, citing documents from board meetings.
Irish telecommunications billionaire Denis O’Brien received a $300 million special dividend from his Digicel Group Ltd., the Jamaica-based mobile phone company, for the year through March, the Sunday Times reported, without citing anyone.
Independent News & Media Plc Chief Executive Officer Gavin O’Reilly stepped down, ending four decades of control of the country’s biggest newspaper company by his family, amid pressure from shareholder Denis O’Brien.
You could say that Myanmar won over Kevin Murphy at “min-ga-la-ba,” or “hello” in Burmese. The American first came to this isolated land in the 1980s as a student and returned in the 1990s as a journalist. In 2002, he came back again -- this time for good and as an investor.
Stock markets can soar or falter in an instant. One day the European debt crisis is receding, the next day the region’s on the brink of disaster. Economic statistics never give investors the whole picture.