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...Referring to the charge it was favouring Amazon, the league said it “had no deal of any kind with any company whatsoever”....
...French media conglomerate Vivendi’s Canal+ has made a revised offer to buy South Africa’s MultiChoice at R125 per share, in a deal that values the company at $2.9bn, as it seeks to gain a foothold on the...
...and studios,” the company said in a joint statement with Canal+....
...Vivendi’s Canal+ has raised its offer to buy South Africa’s MultiChoice, Africa’s biggest pay TV group, with the companies entering exclusive talks....
...Vivendi’s Canal+ must make a mandatory offer to buy MultiChoice, Africa’s biggest pay TV group, after its stake in the company rose above 35 per cent, South Africa’s takeover panel has ruled.MultiChoice...
...Vivendi’s Canal+ has offered to buy South Africa’s MultiChoice, valuing Africa’s biggest pay TV company at $2.5bn....
...“Canal+ is respectful and observant of all laws and regulations relating to the South African media sector and companies listed on the Johannesburg Stock Exchange,” the company said....
...are rushing back to use the strategically vital Suez Canal....
...While the tycoon is not listed as a director or owner of Kampot Logistics and Port, he stood in the front row at a construction contract-signing ceremony with the company’s Chinese developer last year....
...Some companies have already diversified their supply routes following the pandemic. This shock underscores the need for options. But the Suez and Panama Canal routes have few viable alternatives....
...Car companies including General Motors and Ford said on Tuesday that they would work to reroute shipments to nearby ports, while Nissan said it did not expect significant disruption....
...US and UK air strikes have reduced the risk to vessels from attacks by Yemen’s Houthis in the Red Sea but there is little prospect of many shipping companies making a swift return to the Suez Canal, security...
...Shipping lines have increasingly been deserting Red Sea and Suez Canal routes since late November....
...The requirement since 2015 for water companies to install event duration monitors has transformed public awareness of sewage discharges, with some companies including Thames Water providing real-time maps...
...But Brenda Leong, a partner at Luminos Law, said it was “important for companies to understand that [the indemnities] are very narrowly focused and defined”....
...“This will bring with it the likelihood that container services will begin to see delays which they’ve been able to previously avoid,” freight forwarder and logistics company Flexport wrote in a newsletter...
...However, it remains unlikely that shipping companies will return to the Suez Canal, security experts say. 4....
...Shipowners and importers have warned that a drought in the Panama Canal and a spate of attacks on cargo vessels 11,500km away near the Suez Canal risk constraining traffic ahead of the festive season....
...This indemnity kicked in last year, and since then money has flowed from Treasury to the Bank....
...This is a great FT profile of the company’s head, Wang Chuanfu....
...Companies trading commodities such as iron ore and grain have threatened legal action and sought to alter contract terms to pressure shipowners to use the Suez Canal route, which is more dangerous, but also...
...These beverages were early products of empire and the trade routes established by the British East India Company and other merchant adventurers....
...Rodolphe Saadé, owner and chair of the Marseille-based company, said ships that could be accompanied by a French warship were still being sent through the canal, while the rest were being rerouted around...
...Furthermore, a worsening supply chain may be bullish goods demand as companies over-order to ensure adequate inventories. In other words, supply-chain disruptions are BACK IN for 2024....
...Mads Drejer, chief operating officer of Denmark-based logistics company Scan Global Logistics, said his company was “increasingly seeing” higher air freight demand....
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