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Wednesday, April 7, 2010 as of 11:14 AM ET

World War II

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World War II, or the Second World War (often abbreviated as WWII or WW2), was a global war that was under way by 1939 and ended in 1945. It involved a vast majority of the world's nations—including all of the great powers—eventually forming two opposing military alliances: the Allies and the Axis.

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Asia's Richest Man Li Ka-Shing Promises Older Son Listed Empire; Cash To Younger Son

Asia's richest man laid out his succession plans Friday, putting his older son at the helm of his business empire and promising his younger son funding to embark on new investments.

Li, the 83-year-old owner of Hong Kong's biggest supermarket chain and with assets globally in telecom, oil and real estate, remains actively involved in the operations of his flagship blue-chip companies. On Friday he said he had no plans to retire anytime soon, but sought to put to rest frequent media speculation in the city on the future of his multi-billion dollar companies. His net worth was estimated at US$25.5 billion, according to Forbes Magazine, making him the world's ninth richest person.The tycoon, well-respected locally for his business acumen and whose views on the Hong Kong economy are closely followed by retail stock investors, said he is making the succession arrangements so the brothers "wouldn't have conflict" over his business interests."Victor will manage the Cheung Kong Group assets," L...

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