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...The company has vowed to mount a legal battle against the US legislation while the Chinese government has said it would oppose a sale. Any divestment will be difficult....
...TikTok is boosting its resources to explore ways of saving its ecommerce business in Indonesia — such as building a new app or partnerships with local companies — as the Chinese-owned group battles to remain...
...Morale was already low due to an ongoing internal reorganisation, according to multiple employees, but it has declined further as management has communicated little to them about the potential ban....
...Woodside has been fighting a running battle with environmentalists, who targeted the home of chief executive Meg O’Neill for protests, while Santos has faced trials of its own....
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...Illumina’s former chair John Thompson was ousted from its board in May following a battle with Icahn, who criticised management for closing the $8bn acquisition of cancer test company Grail without regulatory...
...“The return of cash is the biggest theme in asset management right now,” said Stephen Cohen, head of Europe, Middle East and Africa for BlackRock....
...The approval comes after months of anticipation and a bitter legal battle....
...The regulator had previously refused to greenlight the products but changed course last year after losing a legal battle with Grayscale....
...Flynn will retain another role as co-head of private wealth management, and succeeds Kim Posnett....
...CVR Energy has paid $3.2bn of dividends into Icahn’s empire since he took control of the outfit through a 2012 boardroom fight, though the battle is best known on Wall Street for the ensuing litigation....
...Its responses have indicated it is steeling itself for an existential battle....
...Unfortunately, “The Blob” — in the form of any huge, inertia-ridden institution — tends to win most battles with reforming bosses....
...“Through those negotiations, the unions become weaker because they are incorporated [into the management side],” she added....
...But asset managers said they were fighting a battle with customers who have a negative association with annuities as expensive, complex, and illiquid products....
...After a protracted battle that lasted more than 400 days, only 69 per cent of shares were cast in favour of the deal in a vote at the city’s Shangri-La hotel....
...In the battle for Oyesanya, Citi’s chief financial officer Mark Mason personally spoke with her to try to convince her to stay, according to a person familiar with the matter....
...“I think what the government is trying to do is to take a hard stance now because they feel [the battle against climate change] is not going as strong and as fast as needed.”...
...Apollo Global Management’s Marc Rowan called it a “worldwide phenomenon”, and Ares Management’s Michael Arougheti sees “risk-reward characteristics that are as favourable as we’ve seen in many years”....
...The battle for control of WisdomTree intensified this week ahead of the US asset manager’s annual meeting on Friday when the demand by the largest shareholder for the removal of the chair and two other directors...
Plus, the Winklevoss twins’ war of words with DCG and bitcoin’s thin rally
...In addition, it has borrowed $250mn this year from investment firm Davidson Kempner Capital Management, although two people with knowledge of the situation said under $100mn was disbursed before Byju’s defaulted...
...The changes come as Fraser, who took over the top role at Citi in 2021, battles to turn around the third-largest US bank by assets, which for years has lagged behind peers and been dogged by operational...
...Hollywood talent has battled management during periods of technological change many times in the past....
...And after the LIV-driven growth of prize purses and other financial regards, that’s another sign of how players have seized the initiative in this battle....
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