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...China International Capital Corporation says south-east Asia has only seen the “tip of the iceberg” of Chinese companies wanting to explore opportunities in the region, as the state-backed investment bank...
...US is pushing allies in Europe and Asia to tighten the restrictions, following the debut of an advanced chip by Chinese mobile phone maker Huawei and chipmaker Semiconductor Manufacturing International Corporation...
...The Fixed Income Clearing Corporation handles the settlement and clearing of US Treasury trades....
...The businessman is the youngest son of the late Onsi Sawiris, who founded a construction company in the 1950s and built it over decades into a large multinational corporation now called Orascom Construction...
...But at a private event last month, one executive at the corporation that oversees the market told underwriters that it has not yet seen clear evidence that a warming climate is a major driver in claims costs...
...The Financial Times Ltd and the authors are not responsible for any direct or indirect result arising from any reliance placed on replies, including any loss, and exclude liability to the full extent....
...Apollo, Carlyle and KKR are studying separate bids for Pension Insurance Corporation ahead of a deadline this week, as big private capital groups look for a way into the thriving market for UK corporate...
...The three major Singaporean financial institutions — DBS, United Overseas Bank and Oversea-Chinese Banking Corporation — refer to Fed rates when setting those for their own loans....
...The STDC had been joined in its action by Teesworks Ltd, the public-private joint venture set up to develop the steel site....
...State-owned Comac was established jointly with companies including Shanghai-listed Aluminum Corporation of China, China Baowu Steel Group and Sinochem Corporation....
...While a larger fallout was avoided, the incident should act as a wake-up call for financial corporations and regulators to step up their efforts on cyber security....
...MTN Nigeria announced last September it would switch to American Tower Corporation from IHS Towers for leases of 2,500 towers across the country on contracts set to lapse this year and in 2025....
...As the FT reported last month, the most recent accounts for Teesworks Ltd show profits tripled to £54mn in the financial year following the deal....
...Chevron has warned that its planned $53bn acquisition of Hess could be thwarted by rivals ExxonMobil and China National Offshore Oil Corporation, which are asserting their right to pre-empt its purchase...
...But at least with asbestos, you had a situation where it was recognised that asbestos was a dangerous product....
Also in this newsletter: Saudi Arabia bags the 2034 World Cup without a fight
...And yet so far they have said that it’s not the right time to do anything — music to large corporations’ ears....
...Now, it warrants perpetual rent-harvesting on so-called “properties” — from a rendition of “Happy Birthday to You” to an image of Humphrey Bogart’s raincoat in Casablanca — by litigious and parasitic corporations...
...The China National Offshore Oil Corporation owns 25 per cent, while Hess holds the remaining 30 per cent that would transfer to Chevron if the deal closes....
Adoption of OECD global standard could deter foreign manufacturers seeking alternative to China
...The Japanese taxpayer, via two government institutions — the Deposit Insurance Corporation of Japan and Resolution and Collection Corporation — is not only a major holder of Shinsei, but the DICJ and RCC...
...A Dyson spokesperson said the company was a highly successful global technology group that employed 3,700 people in the UK, paid more corporation tax after 2019 than before and continued to invest in the...
...Dan Neidle, tax lawyer and founder of Tax Policy Associates, estimated that if HM Revenue & Customs ruled against the Post Office, it could have “underpaid corporation tax by over £100mn, and may no longer...
...Teesworks Ltd said it was “pleased but not surprised” no evidence of corruption or criminality had been found....
...In November 2021, a further 40 per cent of the company’s shares owned by the public body — the South Tees Development Corporation — were transferred to the developers for zero cash consideration....
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