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...It took just 98 minutes for a dozen ordinary Americans in an Illinois court to unanimously land a $60mn blow against a consumer goods giant based thousands of miles away in the UK....
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...The free-market capitalist mantra that proliferated in the late 20th century does not readily accept state interference; it focuses on individual profits, not public goals....
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...This note reflects that Mitsubishi Corporation’s buyback announcement was for the equivalent of 4 per cent of its shares, not a tenth as previously stated....
...But Marshall’s own politics are being increasingly called into question, especially since advocacy group Hope not Hate revealed that he has liked and retweeted content from far-right and conspiracy accounts...
...timeshare.group...
...“This was the mother of all climate cases against corporations,” said Klaas Hendrik Eller, an assistant professor at the University of Amsterdam’s centre for transformative private law....
...The court wrote that states might have the power to disqualify individuals holding or running for state office....
...It does not provide detailed figures on individual journals....
...Smartpay did not respond to a request for comment. The Isle of Man also has weaker corporate transparency rules than the UK and lower corporation and personal taxes....
...But even bigger are the numbers for fossil fuel subsidies, the numbers for fossil fuel profits, the numbers for corporate profits in general — and the tax revenues that you could generate through targeted...
...For now, he seems relatively sanguine. “We would love to have green lights all over the place, so that we can just drive around telling people that we are not running red lights,” he told the FT....
...“We think we are well positioned for the future,” Regions chief executive John Turner said on a call with analysts. “It’s been an unusual quarter.”...
..., it was not the right place for them....
...Capital, he argued, does not flow to dangerous places. Good governance was thus a de-risking device for emerging markets....
...If the shares trade off in the after-market, it’s natural for regulators or even the plaintiffs’ bar to blame an unconventionally large DSP. And recipients may not appreciate the gesture....
...But it’s not all bad news for private equity. The lack of deals and an avalanche of money that has poured into credit markets is beginning to relieve headaches across the private equity world....
...Revenues for the most recent fiscal year, which ended in May 2023, rose 10 per cent year over year, but profits shrank 16 per cent....
...That’s likely true, but again, it’s not an argument for allowing more risk in the formal financial system, but rather one for less risk elsewhere....
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