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...Naqvi resigned as a director of the holding company behind JKS on May 5 this year, according to filings on Companies House....
...A person close to the Hong Kong-based investor said its ambition was to put The Restaurant Group in a “virtuous circle” where it can “reduce debt, reduce interest, resume dividends . . . get a higher stock...
...Last year, Oasis, which largely owns stocks in Japan, became the biggest shareholder in The Restaurant Group before the Wagamama owner agreed a £506mn sale to private equity group Apollo....
...Hisayuki Idekoba, chief executive of Recruit Holdings, said Japan “needs to go all in on AI”, in a Financial Times interview, pointing to successes achieved by employers using its AI tools to attract more...
...made a surprise bid for the restaurant operator....
...Soho House’s founder Nick Jones and the owner of the Ivy restaurant chain Richard Caring continue to have large shareholdings in the business....
...This amount translated into sales of £3bn, accounting for 17 per cent of total non-EU visitor expenditure that year — with the rest drawn from tax-inclusive shopping, hotel stays, restaurants and other services...
...The group’s holdings include luxury mall brand K11, which Cheng has used to target the elite market by combining high-end retailers, restaurants and art installations....
...On Thursday, the UK Financial Conduct Authority said it would ban Staley from holding senior positions in financial services, and fine him £1.8mn, for “recklessly approving . . . two misleading statements...
...On the ground at Forest City, which is partially opened, a number of shops and restaurants are closed down....
...Recently opened are a restaurant manned by Gino Sorbillo, the master Neapolitan pizzaiolo, and a signature Anantara Spa (about whose Asian roots we’re going to guess no one will complain). anantara.com,...
...The two themes interwove on Thursday when shareholders in Seven & i Holdings voted down all four board candidates nominated by ValueAct of the US. Pity....
...Oasis first disclosed a holding of around 2 per cent of TRG stock in November 2020, before selling and subsequently reacquiring a shareholding....
...The Restaurant Group, owner of the Frankie & Benny’s and Wagamama chains, plans to close 35 of its worst-performing sites, as it comes under pressure from activist investors....
...In December, The Restaurant Group’s lenders agreed a £340mn funding package for the business....
...In a move aimed more at people than machinery, Mercedes’ Brackley revamp includes pedestrianising the campus as well as adding restaurants, gyms and marketing buildings....
...Since 1992, McLaren has made cars for the road as well as the track, and the tour continues past what it says is the world’s largest collection of motorsport trophies (filling cabinets outside the staff restaurant...
...An area for high-stakes betting was closed and its six restaurants, including the three-star Michelin-rated Robuchon au Dôme, were not fully open....
...Her true place in the Berlusconi dynasty is at the helm of the €4bn family holding company Fininvest, which she has chaired since 2005....
...The widely popular “everything app” boasts over a billion users who use it to scroll through social posts, pay for food or scan the pandemic-related healthcodes required to enter restaurants or parks....
...But Berninghaus stressed any Selfridges blueprint was more likely to increase retail space and integrate it with hotels and restaurants than to reduce it....
...From what we hear, some business is trading off-exchange and some investors are selling down holdings. Others are simply HODLing for better times....
...“It came about from the lessons our Chinese team learned,” said Chua Kee Lock, chief executive of Vertex Holdings, the venture capital arm of Singapore state investor Temasek and an early investor in Grab...
...After spending more than $50bn on coffee chains, restaurant groups and cosmetics companies, JAB Holdings has found a cute solution to boosting its mixed returns....
...Pershing Square Tontine Holdings raised $4bn — the largest Spac ever — with Ackman’s hedge fund promising another $1bn to $3bn in funding....
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