|Mark Zuckerberg to sell up to US $12 billion of Facebook shares to fund philanthropy|
Mark Zuckerberg said Facebook is withdrawing plans to create a new class of stock that would have let him keep tight reins on the social media company even as he sold down his stake to fund his philanthropy.Zuckerberg said he plans...
© 2017 NZ Herald 3:45pm MARKET CLOSE: NZ shares up, trading quiet ahead of election; Fletcher, TradeMe gain, A2 falls
New Zealand shares rose in light trading ahead of tomorrow's general election, with Fletcher Building and Trade Me Group rising while A2 Milk dipped
© 2017 sharechat.co.nz Fri 5:35pm
L'Oreal billionaire heiress Liliane Bettencourt dies at 94
Liliane Bettencourt, heiress to the L'Oreal cosmetics empire and the world's wealthiest woman, has died. She was 94. Her death was announced in a statement from Jean-Paul Agon, chief executive officer at L'Oreal Group. She died on Wednesday at her home in Neuilly, a suburb west of Paris, according to a company spokesman. No cause was given. Bettencourt, the only child of L'Oreal founder Eugene Schueller, owned about one-third of the company's shares. During her lifetime, the Paris-based company grew from a small hair-dye supplier into the largest maker of beauty products with more than 30 brands including Lancome and Garnier sold in about 140 countries. In 2016 the company reported revenue of ‚?¨25.8 billion (NZ$42.1 billion). READ MORE: * Liliane Bettencourt's nurse found not guilty of exploitation * L'Oreal heiress fraud scandal * For a few hours, Jeff Bezos†was the world's richest person
© 2017 Stuff.co.nz Fri 7:15am
Mercury leads sharemarket higher
By Paul McBeth New Zealand shares rose for a second day as stocks weighed down by fears about the jet fuel shortage in Auckland such as Air New Zealand and Z Energy joined other companies in bouncing back from a recent sell-down.The...
© 2017 NZ Herald Thu 0:15am Synlait success has stock at record high
New Zealand shares inched up, with Synlait Milk touching records, A2 Milk gaining after Synlait's positive earnings and New Zealand Refining recovering.The S&P/NZX 50 Index rose 5.82 points, or 0.08 per cent, to 7,764.53. Within...
© 2017 NZ Herald Tue 9:35pm