Richard Branson is making headlines on three continents. The serial entrepreneur is selling Virgin Mobile USA to partner Sprint-Nextel well below its IPO price. But his latest mediocre performance......
Abu Dhabi's state investment fund, Aabar Investments, has decided to invest Euro1.95 billion($2.65 billion) in Daimler, which will make it the single biggest shareholder in the group, a joint......
Troubled insurance giant American International Group will be selling its Swiss arm AIG Private Bank to an Abu Dhabi-based global investment firm. In this regard, AIG has entered into an agreement......
German luxury carmaker Daimler has taken full control of the Mercedes Formula One motor racing team after buying a 40 percent stake owned by Abu Dhabi sovereign wealth fund Aabar Investments.......
Formula One champions Brawn GP will compete next season as the official Mercedes factory team after the German carmaker announced a takeover on Monday. Daimler chairman Dieter Zetsche, whose......
Mercedes has agreed to take a 75 percent stake in Formula One leaders Brawn GP within the next three years, German magazine Auto, Motor und Sport reported on Wednesday. Citing Formula One sources,......