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...No wonder that a board game called “Eternal Debt” once became a hit in Argentina....
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...Only the head of drugmaker AstraZeneca, who took home £16.9mn last year, and the head of cyber security company Darktrace, who earned £12mn in 2022, are paid more, according to the High Pay Centre think-tank...
...The deal leaves a “big question mark” over when the government might next intervene in the private sector to ensure economic security, said one investor....
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...Read more on the plans to upgrade the US-Japan security alliance....
...Policy reviews have confirmed maintaining Euro-Atlantic security as the top priority, alongside a “tilt” to the Indo-Pacific....
...“The board however recognises the paramount importance of preparing the group for a range of outcomes from this review.”...
...Here’s why Putin has made the biggest shake-up of his security officials....
...Altman’s shock ousting remains shrouded in mystery, with the board stating only that “he was not consistently candid”....
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...In the EU, Hungary’s Viktor Orbán has signalled he will block the EU’s proposed €50bn funding over four years for Ukraine and veto membership talks with Kyiv — demanding instead a full review of EU policy...
...Under the National Security and Investment Act, which came into force in 2022, the government is able to review — and ultimately block — foreign takeovers of companies in industries that have ties to national...
...That offers protection against inflation, unlike fixed income securities. However, higher borrowing costs have also weighed on private equity dealmaking....
...The IPO bonanza that enabled hundreds of Chinese companies to go public in New York ended abruptly in 2022, when Beijing undertook data security reviews of companies seeking overseas listings....
...There is an internal review of the former board’s allegations against Altman by independent law firm WilmerHale....
...The group added that there were “no assurances” that the review would result in a transaction....
...The FT reported earlier this month that the firm has one of the worst inspection records among the hundreds of audit firms overseen by the Public Company Accounting Oversight Board in the US....
...Henry Kissinger, the former US secretary of state and national security adviser who helped open up relations with China, usher in a detente with the Soviet Union and end America’s war in Vietnam, has died...
...Though briefly paused for a review a couple of years ago, however, North Sea licensing rounds take place fairly regularly....
...“Mr Altman’s departure follows a deliberative review process by the board, which concluded that he was not consistently candid in his communications with the board, hindering its ability to exercise its...
...SEC: The US Securities and Exchange Commission, the federal securities regulator, is set to vote on whether to adopt amendments to standards for US Treasury clearing agencies....
...Klaas Knot, chair of the Financial Stability Board, told the Financial Times the review was intended to address rising risks from so-called non-banks, which include hedge funds and private capital....
...Will’s decision will prompt companies to review bylaw changes they made following the SEC’s universal proxy rule, said Sean Donahue, a partner at Paul Hastings....
...EY “identified a small number of errors and inconsistencies”, but Darktrace’s board did not “consider these to be material to the financial statements”....
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