Amazon founder Jeff Bezos plans to give away majority of his $124 billion: CNN

Amazon.com Inc founder Jeff Bezos will give away a majority of his $124 billion wealth during his lifetime, the billionaire told CNN in an interview on Monday. Without providing further details, Bezos said he and partner journalist-turned-philanthropist Lauren Sanchez were “building the capacity to be able to give away this money”. The billionaire has committed … Read more

Reliance says cannot implement $3.4 bln deal with India’s Future Group

MUMBAI: Reliance Industries said on Saturday its deal with Future Group “cannot be implemented” after secured creditors in the latter rejected it, the company said in an exchange filing. “The shareholders and unsecured creditors of FRL (Future Retail) have voted in favour of the scheme. But the secured creditors of FRL have voted against the … Read more