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Diamond tycoon Beny Steinmetz detained in fraud inquiry

Diamond tycoon Beny Steinmetz detained in fraud inquiry
By Ian CobainDetention of six people after series of raids by Israeli police follows allegations of forgery and money launderingOne of the world’s wealthiest men has been detained after appearing in court in Israel during a police investigation into ...

Japan shippers plan container merger

Japan shippers plan container merger
Three of Japan's biggest shipping companies are merging their container operations to become more efficient. Nippon Yusen, Mitsui O.S.K. Lines and Kawasaki Kisen Kaisha said the joint venture would see savings of more than 110bn yen ($1bn; £820m) a year....

Deutsche Bank to sell $400m stake in Las Vegas gambling group

Deutsche Bank to sell $400m stake in Las Vegas gambling group
By: Ben McLannahan in Las Vegas Selling 17% holding in Red Rock Resorts would provide boost for troubled lender  Deutsche Bank is preparing to cash in on a $400m stake in a Las Vegas gaming group, giving the bank a boost at a time ...

Airbnb faces worldwide opposition. It plans a movement to rise up in its defence

Airbnb faces worldwide opposition. It plans a movement to rise up in its defence
By Shane Hickey and Franki Cookney The room-rental website, now worth $30bn, faces a critical year as city authorities clamp down In the back room of a pub in Kentish Town, a group of middle-class Londoners are perched on velvet-covered stools, ...

Tesla chief in drive to woo doubters over planned SolarCity deal

Tesla chief in drive to woo doubters over planned SolarCity deal
By Richard Waters in San Francisco Musk makes case for integrated future of solar-powered homes and transport Elon Musk renewed his efforts late on Friday to win over doubters of his planned acquisition of SolarCity, as he showed off solar systems ...

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