NEW YORK

KKR May Invest More Than $1B In Japan’s Renesas Electronics

IBTimes Logo
Legendary private equity investor Kohlberg Kravis Roberts (NYSE: KKR) may seek to acquire control of Japan’s Renesas Electronics (Tokyo: 6723) for a 100 million yen (US $1.27 billion) investment, which would be its largest in Japan, financial news agencies reported.

Shari Arison: The Wealthiest Woman In The Middle East

Shari Arison
Shari Arison is the most powerful woman in Israel and the Middle East, and has a net worth of $3.9 billion to boot. But despite her numerous non-profit organizations and 25% stake in Israel's largest bank, Arison says she doesn't consider herself "a powerful person."
RBI Governor Duvvuri Subbarao speaks at a business conference in New Delhi March 26, 2009.

Inflation Still a Key Threat, Says RBI Gov Subbarao

Reserve Bank of India (RBI) Governor Duvvuri Subbarao said on Tuesday that inflation remains too high and needs to fall further or risk more damage to the economy, dismissing criticism of the bank's hawkish policy stance.
More news
Apple iPhone 5 Already On Sale? Complete Set Of Components Sells For $199 In China [PICTURES]

iPhone 5 Features Rumors: 7 Ways Apple May Implement NFC

Given the multitude of rumors from the past year and the numerous patents in relation to the technology, it looks like Apple has invested considerably in NFC, and looks to implement the communication chip in a future iPhone. Quite possibly, we may see NFC in the next-generation iPhone, allegedly set to debut next month on Sept. 12, unofficially but most commonly called iPhone 5.
Twitter Logo

How To Expose Fake Twitter Accounts Of Celebrities

A UK-based firm has unveiled a new software tool that can identify fake Twitter accounts, especially those that carry a pretension of being "followers" of celebrities, politicians and other personalities.
Ron Paul

Ron Paul Delegates, Shunted To Republican National Convention's Outskirts, May Lash Out

Ron Paul's delegates will have to enjoy the cheap seats during the Republican National Convention, after the GOP assigned states whose delegations are flush with the Libertarian Congressman's representatives to the outskirts of the convention center in Tampa, Fla. The GOP hopes the whole process will go off without a hitch -- but Paul's followers could still ruin Mitt Romney's coming out party.
Tiffany

Tiffany Lowers Profit Forecast, Shares Rally Anyway

When Tiffany & Co. (NYSE: TIF) cut its fiscal year sales and earnings guidance for a second straight quarter on Monday, stock in the company rallied over 7 percent. The reason: investors think the worst is over for the New York-based jeweler.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.