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...provide little context for the pay cuts, though Guotai Junan Securities cited a Shanghai government opinion dating back to 2015 on “Deepening the Reform of the Remuneration System for Leaders of State-owned Enterprises...
...It was the country’s first investment bank and was for many years considered the institution of choice for China’s state-owned enterprises. Morgan Stanley offloaded its stake in 2010....
...Korea Zinc is also eyeing the US battery recycling market after taking over a US electronics waste recycling company last year and forming a partnership with Hyundai Motor last month to procure, process...
...The group dismissed the FT report as “baseless” and “a clever recycling and selective misrepresentation of publicly available facts and information”, with a spokesperson saying that “coal procurement on...
...Italy’s government also sided with industrial groups warning that the law would hurt small and medium enterprises....
...The subsidiary is consolidated within Adani Enterprises, the group’s flagship listed company, and does not report earnings....
...Anglo American’s South Africa exposures, with about a fifth of its assets there, explain much of its persistent enterprise valuation discount to peers....
...EVs “definitely present a different opportunity”, said Steve Skurnac, interim chief financial officer of metal and electronics recycler Sims Ltd....
...This tension made the game more than a straight remake; it also functioned as a meta-commentary on the nature of sequels and our hunger for the recycling of beloved IP....
US lawmakers are unhappy with McKinsey for leading a think-tank that advised China on tech
...The deal, which gives MotoGP an enterprise value of €4.2bn, will be financed with 65 per cent cash, 21 per cent equity in stock of a listed entity that tracks F1, while MotoGP management will retain 14 per...
...“Loan growth saw yet another weak quarter [from October to December] due to a common focus on quality given elevated household debt and challenged small and medium enterprises, amid a still sluggish and...
...On that basis, Douglas would command an enterprise value of €6.4bn. But investors, scenting CVC’s strong desire to get a deal done, might well demand a fair discount before they snap it up....
...He added that value “would not exist without the tens of thousands of hours that dedicated professionals have spent digging through the rubble of Mr Bankman-Fried’s sprawling criminal enterprise to unearth...
...BDCs or Business Development Companies are set up to provide financing to small and middle market enterprises....
...One of the lab’s key strengths, note founders and VCs, is its sprawling network comprising industrial groups, such as Airbus and BMW, small and medium-sized enterprises, regional and international universities...
...Inflection, a rival to OpenAI, will switch its focus from its consumer chatbot, Pi, and instead move to sell enterprise AI software to businesses, according to a statement on its website....
The Japanese conglomerate sought to save Zee deal but has failed to complete the merger
Japanese group resisted chief executive Punit Goenka’s demand to stay on after merger
...gravely concerned” that the new law had only targeted Chinese companies and that it was being used as a “tool of economic coercion to interfere with the reasonable and lawful economic operations of Chinese enterprises...
...Recycling is in fashion. That applies to brands as well as clothes. Many famous-but-faded names have an afterlife, long after the collapse of the original business....
Japanese company frustrated at merger delays and concerned about Zee’s financial performance
...The British prime minister is exploring the possibility of amending existing legislation, such as the 2002 Enterprise Act, to give the government the power to step in, according to people close to the situation...
...Despite a flurry of new investments, the group retains a strong cash position, yet the enterprise/cash profit (EV/Ebitda) multiple of 2.5 times still represents an attractive valuation relative to industry...
...About 70 per cent of Adani Enterprises’ sales are derived from coal trading....
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