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GMO demands urgent corporate governance changes and further unwinding of cross-shareholdings
...“We engage on a variety of issues — not only on international developments but also economic and social issues . . ....
...China started commercial driverless development in 2013, about five years after groups in the US....
...“Ultimately we are a workplace and our policies and expectations are clear: this is a business, and not a place to act in a way that disrupts coworkers or makes them feel unsafe, to attempt to use the company...
...“We saw that with 5G, it becomes much more important to do [chip development] in-house than it used to be,” said Freddie Sodergren, Ericsson’s head of technology and strategy for business area networks....
...They added that any successful deal would face multiple challenges, including how to deal with Paramount’s cable business....
...The Chinese foreign ministry on Tuesday hit out at the US complaints, saying they represented “the malicious intention of curbing and suppressing China’s industrial development”....
...One afternoon at the end of 2019, the International Cooperation Office, which was preparing to wrap up its business and welcome the new year, suddenly received an urgent notice from the head office to fully...
...At the end of 2020 Volkswagen opened a research and development centre in Anhui province, and owns a major stake in Guoxuan, a Chinese battery firm....
...Tatler Asia, which was purchased by Swiss family business Edipresse two decades ago, said it was “heartbroken” by Messi sitting out the game and that it had “pleaded” with Inter Miami to urge the Argentine...
...Notable technological and infrastructure developments were also achieved last year....
...Many competitors, including Hunan Chayue Cultural Industry Development Group — also known as Sexy Tea — Mixue Group and Guming Holdings are also expected to seek listings in the near future....
...The scooter business said in December it would seek to raise Rs55bn ($661mn) in the IPO, with proceeds being used to build a battery factory in India, fund research and development, and pay off debts at...
...Once Asia’s most valuable company, Alibaba was overtaken in market capitalisation by its rival PDD in the past month....
...Their emphasis below: During the current business cycle, we believe real gross domestic product (GDP)i growth could accelerate to 7% per year on average, surpassing that of any year since 1950....
...But it already had a decade’s worth of research and development and patents in AI, focused on facial recognition technology and automotive software....
...Albert Park, chief economist with the Asian Development Bank, said the bank had forecast that the number of jobs created in new green industries Asia-wide would outpace losses from declining industries linked...
...Asia-Pacific deals dropped 28 per cent....
...China’s flying taxi industry’s development comes as the country’s domestic electric vehicle technology is becoming globally dominant, and as fears rise in Europe and the US that low-cost, high-tech exports...
...Citadel Securities and Citadel, the hedge fund owned by Griffin, have also been expanding elsewhere in Asia, opening offices in Tokyo last year....
...Only with balanced development of investment and financing can the capital market form a virtuous cycle,” he said....
...UBS put the business up for sale after taking control of Credit Suisse when it collapsed last year. It already has a securities unit in mainland China and cannot hold two licences....
...Another critical figure is Sheikh Tahnoon, the UAE’s national security adviser who also oversees a business empire and Abu Dhabi’s biggest sovereign wealth fund....
...In a speech at the Chatham House think-tank in London, Dowden warned that “the cutting-edge development in sensitive technologies” taking place at UK universities had “the potential to become a chink in...
...“The investment promise was the carrot that sealed this deal,” Biswajit Dhar, distinguished professor at the Council for Social Development, a think-tank, says of the India-EFTA pact....
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