Amazon’s Jeff Bezos is the biggest gainer with $10.3 billion

28/10/2017 00:07 AST

Five technology tycoons added $19.1 billion to their fortunes Friday as earnings from Amazon.com Inc., Alphabet Inc. and Microsoft Corp. beat analysts’ estimates. Amazon Chief Executive Officer Jeff Bezos gained the most, adding $10.3 billion and leapfrogging Bill Gates as the richest person on the Bloomberg Billionaires Index. Alphabet co-founders Larry Page and Sergey Brin, former Microsoft CEO Steve Ballmer and Facebook Inc. chief Mark Zuckerberg added a combined $8.7 billion.


Bloomberg

Ticker Price Volume
SABIC 114.77 5,915,941
Index Closing Change
NIKKEI 225 21,292.29 -96.29 (-0.45%)
DAX 12,002.45 -94.28 (-0.77%)
S&P 500 2,614.45 32.57 (1.26%)
Global markets down on trade war worries

05/04/2018

Stock markets recoiled on Wednesday as China retaliated in an escalating trade war with the United States, leaving investors reluctant to take positions in anything but the safest of assets.

The Gulf Today

Egypt to meet investors this week ahead of euro-denominated bond

04/04/2018

Egypt will start meeting bond investors in Europe this week ahead of a potential euro-denominated bond issue, a document from one of the banks appointed to arrange the meetings showed on Tuesday.

Gulf News

Foreign investment in France hit 10-year high last year

04/04/2018

Foreign investment in France rose 16 per cent in 2017 to levels not seen for a decade as President Emmanuel Macron’s (pictured) bid to attract money from abroad gains pace, a government report said o

Oman Daily Observer

Japan's economy a tricky one to understand

03/04/2018

Explaining Japan’s economy to foreign audiences is hard.
One big reason for this is that explaining something as large and complex as a $5 trillion economy is an inherently difficult task - the

The National

China raises import duties on US products

03/04/2018

China raised import duties on a $3 billion list of US meat, apples and other products on Monday in an escalating dispute with Washington over trade and industrial policy.

The government of

The Gulf Today