Word: tycooning
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...FORMALLY CHARGED. YANG BIN, 39, Chinese-born Dutch tycoon who only two months ago was appointed head of a North Korean Special Administrative Region; after being placed under house arrest on Oct. 4 for charges of fraud and other commercial crimes; in Shenyang, China. Yang's fall from grace is an em-barrassment for North Korea, and may strain the country's historically close ties with China. Trading of shares in Yang's Hong Kong-listed orchid exporter Euro-Asia Agricultural Holdings has been suspended since late September, and the company has virtually collapsed, unable to repay its loans. Hong...
Just because he's Prime Minister of Italy doesn't mean Silvio Berlusconi has forgotten where he came from--in his case, the world of cruise-ship entertainment. Before becoming a billionaire media tycoon and then going into national politics, Berlusconi serenaded passengers aboard cruise liners (he specialized in romantic French tunes). Now he is set to release a CD, A Song Instead, of 14 original compositions for the Christmas holidays, with proceeds going to charity. The album includes a song titled Bella, Bella, Bella, with the lyrics "Tonight the air is sweet/and sweet is your heart/even sweeter than last...
...awarded Teddy Wang's estimated $128 million estate to his 90-year-old father, Wang Din-shin. The decision is the latest twist in a case that dates back to Teddy Wang's unsolved 1990 kidnapping. (His body was never found, but he was declared dead in 1999). The tycoon had changed his will in 1968 after discovering that his wife was allegedly having an affair, and had named his father as the inheritor. But in 1990, Nina produced another will dated a month prior to her husband's disappearance; it named "my beloved wife ... the one I love most...
...graduating from college in 1976, he set up a 25-employee bicycle-crankshaft factory in his hometown of Ludhiana in the northwestern province of Punjab. Part of the seed capital was $400 from his family?although his late father was a member of India's Parliament, he was no tycoon. After Mittal parlayed the business into one large enough to be creditworthy, he made sure to carry a table tennis paddle in his pocket whenever he visited his local banker. The manager loved to play, so Mittal, who was on his college team, would offer up a game; in return...
...makes his way back to London, only to learn that he's been stripped of his 00 status. His quest for redemption and his effort to unmask the traitor take him into the arms of three women and the crosshairs of Gustav Graves (Toby Stephens), an audacious diamond tycoon bent on (what else?) world domination. (The writers Neal Purvis and Robert Wade had the good sense to ditch the small-potatoes bad guys of recent films, like the one bent on conquering the media sector.) Bond's trials, at the hands of both his captors and the agency that loses...