Hints and tips:
...In recent months, employees at the ChatGPT maker participated in a stock sale that gave OpenAI a valuation of $86bn, roughly three times what it was worth last April....
...Two-wheeler sales have surged since 2021, when monthly sales in the e-scooter market were less than 20,000 in India, to a high of more than 100,000 last May....
...The world’s second-largest steelmaker has been pursuing two of Gupta’s companies for payment of €140mn in deferred compensation, stemming from ArcelorMittal’s 2019 sale of steel plants in Romania, Czechia...
...The Financial Times on Sunday disclosed that a sale was close and that a deal could be announced this week....
...Gupta’s GFG Alliance, which includes Liberty Steel, announced later that month that it had acquired Aartee after purchasing its ultimate holding company, Singapore-based Aartee Group Pte Limited, from Trehan...
...“There will be more sales and purchase agreements announced, possibly through the next couple of years or so. The Qataris are not yet done with their new-build programme for the expansion projects....
...Crowdcube says it fact checks every pitch against the FCA’s guidelines, significantly discounts sales projections and undertakes credit and bankruptcy checks on company directors....
...Apsez controls 24 per cent of India’s marine cargo market, making it the dominant player....
...The sale of Element, which tests products from autonomous vehicles to vaccine components and provides certification services for smartphones, is the highest-priced exit in Bridgepoint’s history....
...Corporate filings in Singapore show that Sayin was one of two new directors registered at CB Enterprises Pte Ltd on Tuesday, the Singapore-registered special purpose vehicle used by Trafigura in 2021 to...
...marine and offshore engineering group....
...competing portrayals of ex-Goldman banker (FT) Credit Suisse found ex-investment bank chief violated code of conduct (WSJ) Amazon inks deals to send its internet satellites into space (FT) Channel 4 sale...
...To ease concerns, Mr Gupta is merging his steel businesses into a single entity, Liberty Steel, which will have annual sales of $15bn and publish consolidated accounts....
...The Australian insurer told investors the sale of its 50 per cent stake in BCC, a Sydney-based trade-credit insurer, to Japan’s Tokio Marine in 2019 had eliminated its exposure to policies sold to Greensill...
...“The arbitration relates to non-payment of customary post-closure adjustments, including working capital, which was agreed by both parties in the sale and purchase agreement.”...
...Tokio Marine has declined to comment on its remaining exposure to Greensill....
...Chinese steelmaker Baowu has also taken a look, according to a person close to the sales process. It did not respond to requests for comment....
...Thyssenkrupp’s beleaguered Steel Europe unit generates sales of approximately €9bn with 27,000 employees....
...By contrast, Shopee and Tokopedia are simply “marketplaces” on which small businesses can list their goods for sale and arrange delivery themselves....
...The steel industry was wrestling with a market downturn stemming from global trade tensions and a decline in global car sales even before the Covid-19 pandemic....
...Astra derives most of its profits from car and motorbike sales and plays a pivotal role in the Indonesian economy. “It’s paid off,” one rival executive says of Jardines’ bet....
...The sector is also facing growing public awareness of marine pollution with chemicals companies facing criticism for producing the polymers that go into single-use plastic items and throwaway packaging....
...Liberty House remains locked in legal disagreement with the smelter’s former owner, the mining group Rio Tinto, which argues it is owed $50m as a final payment from the sale....
...Gupta’s Liberty House group until February 14 to deposit more than Rs3.7bn (£40m) plus costs to proceed with its agreed purchase of two steelmakers Adhunik Metaliks and Zion Steel, which were put up for sale...
...Mr Rosengren’s decentralisation plan is certainly radical, covering everything from marine technologies to datacentre power systems....
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