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...A version of this article was first published by Nikkei Asia on June 22. ©2023 Nikkei Inc. All rights reserved....
...Then you had Lil Nas X in Roblox, and then you have Ariana Grande. And you're going to see a lot more, I think, experiments inside these gaming platforms that are very, very successful....
...Stoute started his career in the 1990s as the manager to rapper Nas, then spent decades working at large record labels including Sony and Interscope....
...“It has definitely opened people’s minds in terms of the art of the possible,” said Na Wei, a managing director at Barclays, which led the transaction, adding that the deal was originally underwritten with...
...“It has definitely opened people’s minds in terms of the art of the possible,” said Na Wei, a managing director at Barclays, which led the transaction....
...Separately Barbara Desoer, CEO of Citibank NA, the group’s primary banking subsidiary, is retiring in April and will be replaced by her chief operations officer Carey Lathrop, according to the same memo....
...The fine was levied at three of its UK units: CGML, Citibank NA London branch, and Citibank Europe Plc UK branch....
...Lil Nas X’s “Old Town Road”, now the longest running number one hit song of all time, had its humble beginnings on TikTok — and unsurprisingly, executives are desperate to use the app to recreate that success...
...Mr Lathrop was due to step up to become head of Citibank NA — but that job is being taken by Mary McNiff, Citi’s chief auditor....
...The oil fund owns 2.3 per cent of UPL, shares worth $137m at the end of 2017. The fund’s ownership approach is followed closely by many other investors....
...Many Indian entrepreneurs have been slowing organic expansion at home and boosting foreign buyouts, such as UPL Corp’s takeover of US-based Arysta LifeScience....
...Amish Patel, WB21’s global head of litigation, said in a statement on behalf of “WB21 (US) Inc NA” and Mr Gastauer: “WB21 (US) and its CEO is not part of any scheme or fraud as alleged against Wintercap...
...The fund also announced it had sold out of JBS, the world’s largest meatpacker that has faced severe corruption allegations in Brazil, and that it would follow Indian chemicals group UPL through its active...
...“The music business is back where it should be,” declared Nas, the rapper who dominated hip-hop when the compact disc was king in the 1990s, “with artists getting paid”....
Difficulties at Home Capital do not reflect problems in the housing market
...• M&G has appointed Nas Islam as head of investment risk. Mr Islam is moving to the £255bn investment arm of Prudential from Henderson, the Anglo-Australian asset manager....
...Michael Na, strategist at Nomura, said: “The success of the biopharma business would be good for trumpeting Mr Lee’s achievements....
Cash payouts threatened by economy worries and lacklustre earnings outlook
...Bonpoint has a creative team of 10 people, headed by Christine Innamorato, who joined from French luxury brand Cacharel in 2006....
...“Chaebol used to completely ignore minority shareholders’ demands,” says Michael Na, strategist at Nomura. “But they can’t any longer . . ....
...Most analysts predict even worse to come from Korea Inc in the second half, barring a sharp recovery in the global economy....
...Mr Koizumi said: “The NAS brand has steadily grown its position in the premium price segment internationally with a unique product offering....
...They need to increase their operating leverage through consolidation,” says Michael Na, strategist at Nomura....
...the synergies between the companies, the merger — widely anticipated in the Seoul market — appeared primarily motivated by the Lee family’s efforts to ensure continued control of Samsung, said Michael Na...
...However, Michael Na, an analyst at Nomura, said this appeared unlikely to happen unless Samsung C&T’s stock fell significantly further, perhaps as far as 10 per cent below the putback price, adding that...
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