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Toy Magnate looks at hostile movements to merge with the uninterested Mattel

MGA Entertainment Inc. may be considering a hostile takeover by Mattel. (AFP image) NEW YORK: MGA Entertainment Inc. wants to team up with rival Mattel Inc., even though this implies hostility "options" to bring the creator of Bratz dolls together with the maker of Barbie dolls his previous offers were rejected. MGA, which also owns Little Tikes and LOL's Surprise!, …

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Two Sri Lankan bombers were sons of the spice magnate of Colombo

The brothers Imsath Ahmed Ibrahim and Ilham Ahmed Ibrahim are sons of the spice merchant Mohamed Ibrahim, two sources with knowledge of the investigation. Mohamed Ibrahim is the founder of Ishana Exports of Colombo, which describes on his website as "the largest spice exporter from Sri Lanka since 2006". Mohamed Ibrahim was among the dozens of people arrested after the …

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Shampoo magnate uses glasses-free 3D to push budget phones

Be ready for phones that are modest beyond the tentpole 3D feature. The Io 3D centers on a 5.45-inch, 1.440×720 display, a quad-core 1.3GHz MediaTek processor, 2GB of RAM, 16GB of expandable storage, a rear 8-megapixel camera and a front 2-megapixel cam. Move to the Io Pro 3D and you'll get a 6-inch 2.160 x 1.080 display, an eight-core 2GHz …

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Billionaire industrialist and media magnate dies

<img src = "https://i2.cdn.turner.com/money/dam/assets/180528173713-serge-dassault-dead-obituary-780×439.jpg" width = "780" height = "439" alt = "Serge Dassault dies at the age of 93. The millionaire of the French Le Figaro newspaper and jet manufacturer Dassault is dead. Serge Dassault was 93 when he died on Monday announced his family. The industrialist and media magnate was one of France's richest men, with a fortune …

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