Ukrainian billionaire Rinat Akhmetov's Metinvest may close its Romanian pipe plant
Metinvest, the steel group controlled by Ukrainian billionaire Rinat Akhmetov, may close or sell the Romanian pipe plant it bought less than a year ago.
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Samsung billionaire Hong Ra-hee wins medal for 40 years of giving
Samsung matriarch and art collector Hong Ra-hee received a South Korean state medal for more than 40 years of giving to culture and health care.
Kenyan billionaire Narendra Raval’s $539 million Kitui cement plant to create 4,000 jobs
Kenyan President William Ruto valued Narendra Raval’s Kitui cement plant at Sh70 billion ($539 million) and said it will create 4,000 jobs.
Italian billionaire heir Leonardo Maria Del Vecchio plans $8.3 million takeover of newspaper Il Fatto Quotidiano
Italian billionaire heir Leonardo Maria Del Vecchio plans an $8.3 million bid for Il Fatto Quotidiano’s publisher, but the paper’s founders say they won’t sell.
Indian billionaires Mukesh Ambani and Gautam Adani's news outlets challenge Modi's privacy law
News outlets owned by Mukesh Ambani and Gautam Adani are among 21 Indian publishers asking the Supreme Court to curb a privacy law.
South African tycoons Mark and Brett Levy face questions over sports minister's visits
Gayton McKenzie, South Africa's sports minister, has acknowledged visiting the Levy brothers' Blu Label offices but denies any role in the sale of Ticketpro.
Ackerman family's Pick n Pay cuts first-half supermarket loss 17% to $31 million
Pick n Pay, the South African grocer built by the Ackerman family, cut its first-half supermarket loss by 16.9% as its Boxer discount chain grew.
Kenya's Kinuthia family's supermarket chain Quickmart lines up $55 million before IPO close
Kenya’s Quickmart has lined up $55 million from four cornerstone investors, including the IFC, as the Kinuthia family-backed chain prepares to close its IPO.
American billionaire Eric Schmidt's daughter to close $60 million tech news site
Rest of World, the global tech news site founded by Eric Schmidt's daughter Sophie, will stop publishing as a standalone outlet in January.
Harry Kane wins the Ballon d'Or after a 73-goal season
Harry Kane won the 2026 Ballon d'Or after scoring 73 goals for Bayern Munich and England, becoming the first English winner in 25 years.
South African courier tycoon Stephen Gleisner denies 'estate capture' at golf estate
Stephen Gleisner, who built The Courier Guy and sold it in 2024, denies claims he is trying to take over a Johannesburg golf estate's board.
Kenyan healthcare tycoon Jayesh Saini cleared to take control of Africa Business Corporation
Jayesh Saini, the Kenyan businessman behind Lifecare Hospitals and Bliss Healthcare, has won approval to take sole control of Africa Business Corporation and Development.
Namibian banking tycoon Koos Brandt's farm ransacked by five robbers
Five suspected robbers ransacked the farm of Namibian banker Koos Brandt near Grootfontein while he was away, and he has chosen not to report it.
Indian billionaire Mukesh Ambani’s son Akash leads Jio IPO that drew $77 billion
Akash Ambani, eldest son of billionaire Mukesh Ambani, led the pitch for Jio's $3.2 billion IPO, India's most subscribed share sale, before Wednesday's listing.
Chinese billionaire Yahui Zhou's OPay seeks $4.4 billion valuation in New York IPO
OPay, the Nigeria-focused payments company founded by billionaire Yahui Zhou, seeks a $4.42 billion valuation in a New York IPO, with Standard Bank investing.
Filipino billionaire Manuel Villar's Vista Land profit falls 59% to $60 million
Filipino billionaire Manny Villar’s Vista Land reported a 59% drop in 2025 profit to 3.8 billion pesos in long-delayed results, while its shares remain suspended.