Facebook CEO Mark Zuckerberg said he is donating nearly $500 million in stock to a Silicon Valley charity with the aim of funding health and education issues. Zuckerberg donated 18 million Facebook shares, valued at $498.8 million based on their Tuesday closing price. The beneficiary is the Silicon Valley Community […]
Author: InvestAdvocate
UBS admits fraud in $1.5 billion Libor rigging deal
Swiss bank UBS was hit with a $1.5 billion fine on Wednesday, admitting to fraud, paying bribes to brokers and “pervasive” manipulation of global benchmark interest rates by dozens of staff in a deal with international authorities. The penalty agreed with U.S., UK and Swiss regulators is more than three […]
‘Nigerian Markets Attractive to Long-term Investors’
A report by the Oxford Business Group (OBG) has described the Nigerian economy as a destination for long-term investors. According to a statement, the latest OBG report titled: “Nigeria 2012,†also contained contribution from President Goodluck Ebele Jonathan, together with a detailed, sector-by-sector guide for investors. Regional Editor, Robert Tashima, […]
