Koch brothers dominate oil & gas list with $83 billion fortune

Koch brothers dominate oil & gas list with $106 billion fortune

Singapore – Charles and David Koch of Koch Industries have been listed by research company Wealth-X as the richest individuals in America’s oil and gas industry.

The brothers, who are from the state of Kansas have a reported net worth of US$83 billion (S$106 billion), said Singapore-based company Wealth-X. They are the principal owners of the Wichita-based company which was founded by their father, Fred Koch, in 1940. Read more of this post

Andrew Rickards, the chief executive of Yoma Strategic, is fond of telling people that he wants to turn the real estate company into the Jardine Matheson of Myanmar

PUBLISHED FEBRUARY 04, 2014

Yoma faces new landscape on its path of diversification

KENNETH LIM KENLIM@SPH.COM.SG

Staying alert: As Yoma’s diversification becomes more substantial, the real estate company and its shareholders will have to watch out for the pitfalls of conglomerates.  Read more of this post

Amitabh Bachchan, Scarlett Johansson and the art of the celebrity endorsement

Amitabh Bachchan, Scarlett Johansson and the art of the celebrity endorsement

February 3, 2014 5:57 pmby Andrew Hill

 

In the strange world of celebrityendorsements, it is usually the brand that dumps the celebrity – as happened, say, when Nike dropped cycling cheat Lance Armstrong in 2012 – rather than vice versa. So it stood out last week when Bollywood star Amitabh Bachchan revealed he stopped endorsing Pepsi some years ago, after a young girl asked him why he was advertising a drink her teacher said was “poisonous”. Read more of this post

The powerful art of forgetting

Fiona Smith Columnist

The powerful art of forgetting

Published 04 February 2014 10:12, Updated 04 February 2014 15:55

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You probably think you are pretty good atforgetting. I find it comes naturally, but others have to work at it.

Fortunately, for those of us who get around with expressions best described as befuddled, our skills at dropping memories into the trash can of oblivion become somewhat of a strength when it comes to dealing with change. Read more of this post

What Machines Can’t Do; What human skills will become more valuable as computers take over more and more duties

What Machines Can’t Do

FEB. 3, 2014

David Brooks

We’re clearly heading into an age of brilliant technology. Computers are already impressively good at guiding driverless cars and beating humans at chess and Jeopardy. As Erik Brynjolfsson and Andrew McAfee of the Massachusetts Institute of Technology point out in their book “The Second Machine Age,” computers are increasingly going to be able to perform important parts of even mostly cognitive jobs, like picking stocks, diagnosing diseases and granting parole. Read more of this post

Strategy in a World of Constant Change

Strategy in a World of Constant Change

by Roger Martin  |   1:00 PM February 3, 2014

Am I the only person to be getting a bit weary of hearing it repeatedly asserted that we’re living in a world of constant, accelerating change?  That competitive advantages are becoming ever more transient and that the secret to survival will be to the ability to transform on a dime?  Otherwise, what happened to Tom Tom will happen to you. Please! Read more of this post

What’s the most important job of a chief investment officer? Creating and sustaining an organization that can make good investmentdecisions.

chief investment officers

Tom Brakke

January 29, 2014

There has been a lot happening at PIMCO.  Although Mohamed El-Erian is still listed on the website as co-chief investment officer, he resigned eight days ago.  Now there are six new deputy chief investment officers. Read more of this post

Akamai: “The WD-40 of the Internet”

SATURDAY, FEBRUARY 1, 2014

“The WD-40 of the Internet”

By ALEXANDER EULE | MORE ARTICLES BY AUTHOR

With strong profit margins and the safety of recurring revenue streams, Akamai’s stock could rise 25%.

Akamai Technologies‘ co-founder and CEO, Tom Leighton, probably wouldn’t take credit for creating today’s Internet. But unlike some folks, he has a pretty good claim. In the mid-1990s, Leighton, an MIT professor, and Danny Lewin, a graduate student, used applied mathematics and algorithms to solve a looming problem: traffic jams on the ‘Net. The plan involved a network of distributed computers—it was the massing of the Internet’s earliest cloud. Read more of this post

Giant pipeline brings unaffordable water to China’s north

Giant pipeline brings unaffordable water to China’s north

Staff Reporter

2014-02-04

The eastern route of China’s South-North Water Diversion project officially began drawing and diverting water last November and December from the Yangtze River to 71 counties, cities and areas in Jiangsu, Shandong and Anhui provinces. The much-needed water comes, however, at a price many local officials find difficult to swallow. Read more of this post