- Alwaleed Holds Wallet With Warren Buffett as Princely Riches Incur Setback Prince Alwaleed Bin Talal sits under an almost full moon near a campfire at his rustic retreat in Riyadh, Saudi Arabia. He’s surrounded by a zoo with zebras and giraffes, an artificial lake and a lodge that has an indoor pool, saunas and steam rooms. Three hooded falcons are perched on stands in front of him.
- Nomura Bid to `Gain Altitude' Hits Turbulence as Lehman Veterans Bail Out Nomura Holdings Inc. executives attending the annual meeting for top managers in Tokyo this month witnessed an unprecedented event at the 84-year-old firm: The chief executive officer gave his address in English.
- Marchionne Chasing Ghosn Finds Chrysler No Nissan as Global Alliance Wilts Four months before Fiat agreed to take management control of Chrysler Group LLC, Chief Executive Officer Sergio Marchionne said he wanted to create one of the world’s top five carmakers.
- Udvar-Hazy Seeks Capital for `Huge' Jet Lessor Being Founded With Plueger Steven Udvar-Hazy, who left International Lease Finance Corp. in February, is seeking capital for a new aircraft lessor, Air Lease Corp., that he’s founding with former colleague John Plueger.
- Biggest Banks Are Back as JPMorgan, Citigroup Turn Corner on Credit Crisis Main Street teamed up with Wall Street to produce something the four biggest U.S. lenders haven’t had since the banking crisis began two years ago: reason for optimism.
- Boeing Rally Raising Doubts Dreamliner Takeoff Justifies Earnings Estimate As Boeing Co. Chief Executive Officer Jim McNerney held court in Airbus SAS’s backyard at the Paris Air Show last June, he made a promise: He told Wall Street analysts he’d be throwing a party in two weeks -- after the 787 Dreamliner’s first test flight.
- Rogoff Says Greece Won't Be Last IMF Rescue as Ireland, Spain `Vulnerable' Greece is unlikely to be the last euro nation to need an International Monetary Fund bailout, with Ireland, Spain and Portugal “conspicuously vulnerable,” said Harvard Professor Kenneth Rogoff.
- Deutsche Bank May Struggle to Reach Earnings Targets Amid New Regulation Deutsche Bank AG Chief Executive Officer Josef Ackermann is struggling to convince investors he will meet his pledge to double pretax profit by 2011, and planned banking regulations may make his task even harder.
- Carnivores' Dilemma Widens as Surging Pork Signals Record Prices for Meat U.S. meat prices may rise to records this summer after farmers reduced hog and cattle herds to the smallest sizes in decades, the result of surging feed costs linked to demands for more ethanol.
Bloomberg Daily News 27th April 2010
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