The basketball legend's net worth is estimated at $1bn, thanks in part to his investment in the Charlotte Hornets. Photograph: Chuck Burton/AP.
THE FTSE 100 is set for a reshuffle later this month with Tullow Oil expected to drop out of the benchmark of the biggest companies listed on the London Stock Exchange.
(Bloomberg) -- Glencore Plc, the commodity trader and metals producer run by billionaire Ivan Glasenberg, reported profit that beat estimates as a strong performance from its marketing division helped it weather a rout in resource prices.
Paddy Power, the colourful Irish bookmaker, has overcome year in which sports results �had more ups and downs than Taylor Swift's love life� to report record profits and announce a �392m special cash return.
The Ukrainian crisis is creating awkward commercial conundrums for many European countries as they seek to realign their relationship with Vladimir Putin's Russia.