Hints and tips:
...Investors in ByteDance face months of further uncertainty, and are frustrated at how the parent company is handling the situation....
...Imagine that a James Bond villain decided to achieve world domination not with armies or drones but through our brains....
...The fallout led to a rare instance of a subsidiary suing its parent company. May DD suggest a couple new flavours for Ben & Jerry’s: ‘Banana (corporate) split’ and ‘The full Nelson’....
...Andrew Borene, executive director at Flashpoint National Security Solutions, a cyber security company, said he expected a “real escalation” in disinformation....
...If the SEC cannot inspect Lotus’ Chinese auditor — KPMG Huazhen — for two years running, then Lotus’ “securities would be prohibited from being traded on a national securities exchange”....
...Esmark chief executive James Bouchard told the Financial Times that he had spoken to US Steel earlier in the week, after making two previous offers privately, and insisted there was no financing contingency...
...Guggenheim Securities, which is acting as the financial adviser to the FDIC in the First Republic sales process, late last week reached out to a handful of private equity and other investment firms to see...
...One thing to start: Rupert Murdoch is stepping down as chair of Fox and News Corp....
...More than 60 per cent of Ball’s 5,000-strong workforce have security clearance....
...It is simply applying the norms they have in their own country,” said James Bethell, a member of the UK’s House of Lords and of the Inter-Parliamentary Alliance on China....
...Here’s our best attempt at taking a photo of the phone: OK, the Waystar Corp. of S1E3 now seems to be Waystar Royco Inc/WAY:NYSE, which plausibly could be a security representing a different class of shares...
...Additional reporting by James Politi in Washington...
...Cost-cutting at Google is likely to lag its revenue slowdown, pushing the operating profit margin reported by parent Alphabet down by more than 4 per cent in the latest quarter, analysts at BofA Securities...
...Bertelsmann significantly outbid Rupert Murdoch’s News Corp and French media group Vivendi for Simon & Schuster....
...News Corp — could be providing some guidance this week on whether the deal is happening or not....
...“[I]n no event shall the Company be permitted or entitled to receive aggregate monetary damages in excess of the Parent Termination Fee,” according to the contract....
...Here are the five shorts, with their returns: Comerica Inc (a highly rate-sensitive regional bank): -32 per cent Infineon Technologies (chips, Germany): -21 per cent News Corp (digital and print media...
...says Chip Gregson, a former US assistant defence secretary and former commander of US Marine Corps forces in the Pacific....
...A version of this article was first published by Nikkei Asia on August 9 2022. ©2022 Nikkei Inc....
...Bankers told DD’s Ortenca Aliaj and James Fontanella-Khan that the US economy and consumer have remained robust....
...Filings with US securities regulators show that Musk, who owns 172.6mn Tesla shares worth $170bn, had already pledged 88.3mn shares last June for loans....
...Our FT colleagues Sujeet Indap and James Fontanella-Khan have reported that damages are capped at $1bn....
...The day ahead Big Tech earnings Google parent Alphabet and Microsoft will kick off Big Tech earnings after the bell....
...“The SEC and private litigants generally have not had great success with manipulation claims,” said James Cox, professor of corporate and securities law at Duke University....
...The relationships between the SMBC banking parent and hundreds of Japanese companies ensured it had a larger supply of sellers than its bigger rivals Nomura and Daiwa....
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