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.
March 3 (Reuters) - Paddy Power Plc will return 392 million euros ($439.28 million) to shareholders after the Irish gambling company said it had failed to identify any compelling acquisitions to spend its cash on following a year of record profit growth.
The Ukrainian crisis is creating awkward commercial conundrums for many European countries as they seek to realign their relationship with Vladimir Putin's Russia.