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...This played a role in the holding company’s decision to diversify into other sectors....
...Zhang said the company now recognised promoting Chinese culture as part of its social responsibility....
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...Quality at Supercell means we kill games that many companies would launch. It absolutely hurts and it’s sad.”...
...Activists should be banned from holding protests near defence manufacturing and energy sites, a UK-government commissioned review into tackling political violence and disruption will say....
...Grosvenor, the Duke of Westminster’s property company, is launching a £900mn lending business focused on residential development, as real estate investors opt for debt investments over the risk of buying...
...Ferrovial did not name the trio, and all three companies declined to comment....
...US hedge fund Knighthead Capital, which made big profits from its bet on rental car company Hertz, acquired Birmingham City last summer and brought in NFL superstar Tom Brady as an adviser and small shareholder...
Shares in JAL and ANA have barely budged in the past year
...Browns is owned by Sri Lankan holding company LOLC Holdings, whose portfolio spans cars, pharmaceuticals, mining, agriculture and financial services....
...The company then increased its position twice in 2018 and again two years later, becoming the bank’s largest shareholder. Its sale this week reduces the stake to 7.98 per cent from 8.01 per cent....
...President Yoon Suk Yeol made an election pledge two years ago to crack down on private use of company owned luxury cars....
...Shouting matches between utility companies and regulators are common in the UK....
...Will Lina Khan be left holding the bag? On Monday, the US Federal Trade Commission sued to block Tapestry’s $8.5bn acquisition of rival Capri Holdings. The pair are best known for their handbag brands....
...One client, from a US tech company, studied aerodynamics and opted to draw his own vehicle, which Ferrari made....
...Investor appetite for Chinese cleantech companies will be tested again soon....
...It gives them a higher profile, access to capital and — over the long term — offers founders and employees the chance to sell their holdings....
...The announcement comes as Grosvenor announced annual results that showed its urban property holdings dropped in value by £400mn to £8.6bn....
...“We’re going to keep the company independent. We’re certainly not going to be trying to merge and sell the product in the TV market as one,” he said....
...But the initial public offering market in London has remained subdued in recent months, with many private companies holding off on listing plans until more favourable market conditions return....
Chinese territory set to become one of world’s fastest-growing economies as it recovers from Beijing crackdown
...The UK’s air traffic control provider, National Air Traffic Services, has appointed former Rolls-Royce chief executive Warren East to be its new chair as the company looks to recover from a difficult period...
...Linda Jackson said the French carmaker was “holding on” in the market, but added that “it’s becoming more and more difficult to operate and we have a reduced presence there”....
...Roll-ups — buying a platform company and using it to consolidate an industry — are longer-term propositions....
...One of these — a £30mn stake in the holding company of challenger bank Redwood — has drawn particular scrutiny from Grant Thornton....
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