In a brief statement at the miner’s annual general meeting Ellison assured shareholders he had repaid all personal expenses the company footed the bill for and vowed to support the board as it searches for his replacement within the next 18 months.

Nvidia’s rise from obscurity to become a $5.5 trillion market-moving beast brings with it a lot of wild expectations.

The billionaire chair of Indian conglomerate Adani Group, which owns a controversial mine in Australia, has been indicted in New York.

Rupert Murdoch’s News Corp said a hedge fund’s proposal to eliminate the dual-class share structure that cements his family’s control over the media group was “convincingly” defeated.

The implosion of investment firm Archegos Capital Management destroyed Bill Hwang’s fortune in days and cost Wall Street banks billions.