News&Markets

Hedge fund billionaire selling private resortHedge fund resortInsanely rich hedge fund founder Paul Tudor Jones II is selling his beachfront mansion in the Florida Keys for $18.62 million.
Fortescue defends Singapore companyFortescue Metals has defended its Singapore company which its says was set up to invest in the China Beijing International Mining Exchange. Construction slowed by mining investmentThe end of the mining investment boom, combined with constraints on govt spending, have reduced construction activity to a 3-year low. Atlas faces $160m hit to bottom lineAtlas Iron's bottom line is expected to suffer a hit of up to $160m following a fall in the value of some if its mining assets.
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