Sheikh, theBusinessman and a Hacking Mystery

Today is day 3 of CNN’s #CNNMoney Global Thursday and we’ve got more stories on the Who’s Who of the international money world. Our first story reveals the obscure Sheikh, theBusinessman and a Hacking…

Sheikh, theBusinessman and a Hacking Mystery

Today is day 3 of CNN’s #CNNMoney Global Thursday and we’ve got more stories on the Who’s Who of the international money world.

Our first story reveals the obscure Sheikh, theBusinessman and a Hacking Mystery on 3 Continents.

The story highlights how the private use of banking information to buy companies, governments and celebrities can lead to successful scams.

From Brazil to Lithuania, we learn the details of how “HeirStitches,” one of the most notorious hacker groups in the world, has been bent on stealing and using the private financial information of millions.

To see what happened to some of those individuals, and how law enforcement is finally putting an end to the group, watch the “CNNMoney Global Thursday” video above.

Our second story focuses on the implications of the growing merger and acquisition market.

We’ve already seen Alibaba vie for control of the pizza chain Papa John’s, go after stakes in cab apps in the U.S. and Europe, and now venture into the world of consumer electronic devices with its bid for several Chinese firms.

The only thing standing in the way is the Chinese government. They’re notorious for preventing foreign companies from doing business in the country unless they are under its direct supervision, and the government has made it clear that the Alibaba acquisition will not go through.

We’ll take a closer look at how the Chinese government is trying to keep foreigners out of their territory during tonight’s “CNNMoney Global Thursday.”

We’ll also look at how retailers, like Walmart and Amazon, are competing for market share in the troubled retail sector.

Finally, we’ll talk to wealthy investors around the world about their favorite investments.

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