Last week, the chief executive of a fast-growing US IT company hit the eject button and resigned.

The surging price of Microsoft shares returned US tech tycoon Bill Gates back to the top of Forbes’ world’s billionaires list, with his $76bn (€55bn) beating Mexico’s Carlos Slim’s $72bn.

Bill Gates is once again the world’s richest person.

Mexican tycoon Carlos Slim remains the world’s richest man for the fourth year in a row, according to Forbes magazine.

He may have the surname Slim, but his wallet certainly isn’t.

Lewis Hamilton will end his 14-year association with McLaren at the end of the season and join Mercedes.

Mexico telecoms czar Carlos Slim topped the Forbes annual world’s richest list, holding the edge over Microsoft’s Bill Gates who continued to give away billions to charity.

Carlos Slim, the telecommunications tycoon who controls Mexico’s America Movil, is the richest person on Earth, according to the Bloomberg Billionaires Index, a brand-new daily ranking of the world’s 20 wealthiest individuals.

2011 began with the coutry in the grip of a big freeze. It ends with far more clement weather, but the business environment remains frosty.

Formula One supremo Bernie Ecclestone has again reiterated the sport’s current owners are in no mood to sell following further speculation regarding a potential takeover.

BERNIE ECCLESTONE has dismissed speculation of a potential takeover of Formula One by a consortium led by News Corporation.

THE global ranks of billionaires grew by 199 people in the past year, but none came close to unseating Carlos Slim, the world’s richest man, who added $20.5 billion (€14.83bn) to his coffers, according to Forbes magazine’s annual tally.

The global ranks of billionaires grew by 199 people in the past year, but none came close to unseating Mexican telecoms tycoon Carlos Slim, the world's richest man.

The Grupo Carso consortium controlled by Mexican billionaire Carlos Slim said it is entering a new business sector by buying a 70% stake in an oil exploration and production company.

UN Secretary General Ban Ki-moon announced a $40 billion (€29.9bn) drive to improve the health of women and children, which he said would save millions of lives around the world.

A Mexican telecoms tycoon has been named today as the world’s richest person, overtaking the likes of Microsoft founder Bill Gates and investor Warren Buffett.

So if standards of journalism are to be maintained, then investment is required and that means end-users are going have to pay for it. The alternative is so-called citizen journalism which is great in theory but which has more flaws than merits because of the unprofessional approach often adopted by its users

Mexican billionaire Carlos Slim and Honda team principal Ross Brawn have denied they are in talks over a potential takeover of the Formula One outfit.

President Hugo Chavez warned the US ambassador to Venezuela that he could be asked to leave the country for saying American investors must receive a fair price for their shares of Venezuela’s largest telephone company when it is nationalised.