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Some billionaires are household names, but others like John Arnold are virtual unknowns.

Rail and bus operator FirstGroup , which has rejected two approaches from private equity firms, is considering all options to boost its value, it said on Tuesday.

Leaving EU without a deal would be a ‘material event’ for UK interest rates

Total pay in Britain rose 2.5% in the three months to May

Total pay levels rose 2.5% in three months to May

* HSI financial sector sub-index 1 pct lower; property sector down 1.1 pct

* Gains in Shanghai stocks led by Aurora Optoelectronics Co Ltd and losses by Anji Foodstuff Co Ltd

Round-up of South Korean financial markets: ** South Korea's KOSPI stock index weakened on Tuesday as crude oil prices extended falls, while the won rose ahead of Federal Reserve Chairman Jerome Powell's first congressional testimony. Bond yields rose. ** At 06:30 GMT, the KOSPI was down 4.07 points, or 0.18 percent, at...

Italy's biggest commercial broadcaster, Mediaset, has joined forces with infrastructure fund F2i to launch a takeover bid for EI Towers , the companies said on Monday.

Reviving supersonic passenger flights will harm the environment as the jets will not likely be able to comply with existing fuel efficiency, pollution and noise standards for subsonic aircraft, according to a study released on Tuesday.