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GMO demands urgent corporate governance changes and further unwinding of cross-shareholdings
...“I’m not excluding some sort of industrial integration in the future” such as combining sales or technology efforts, he said.A representative for ProSieben declined to comment....
Expect more deals after Prysmian’s acquisition of Encore Wire
President Yoon Suk Yeol has pledged to target private use of company vehicles
...But Biden had a second message as he addressed the cameras, flanked by workers holding USW signs: that US Steel, the Pittsburgh-based American industrial icon, should remain “American-owned, American-operated...
...its fourth year, much of the burden of making additional loans to troubled, high-risk developers has been shouldered by the four biggest local banks: CCB, Bank of China, Agricultural Bank of China and Industrial...
Please, lord, make this happen
Companies analysis from our sister publication
Chinese group’s biggest advantage is its stronghold in country’s smartphone and home appliances market
...This followed an internal investigation which revealed that supplier Toyota Industries Corp had been manipulating test results to gain certification for its cars....
...Following a two-stage transaction also involving Camfin, a holding company of Pirelli’s Italian investors, Tronchetti Provera’s MTP will raise its stake to 20 per cent from 14 per cent, according to a statement...
...Japan’s most influential industrial company is selling a stake worth close to $2bn in car parts maker Denso, lowering its stake from 24.2 per cent to 20 per cent....
F1 owner aims to expand audiences beyond historical European base
EU’s tight labour market combined with tech advances mean demand for robot workers is increasing
Investors should assume that clearing up the mess will cost the company dearly
...US regulators have long restricted foreign-owned companies from holding TV broadcast licences; updating this rule, in effect, for social media has some logic....
Chinese consumer shift to smaller battery cars that need less of the metal is also expected to cut usage
...This includes $20bn to replenish US weapons stocks and $13.8bn to allow Kyiv to re-arm through the purchase of weapons and munitions from the US defence industrial base....
World’s most powerful rocket fails in final phase after meeting third test mission’s other objectives
...Aichi is now looking towards start-ups seeking to develop future forms of transport as the next drivers of the region’s industrial growth....
Akio Toyoda says he takes ‘full responsibility’ and wants to recreate vision for world’s biggest carmaker by sales
Motorsport’s premium global franchise is calculating how it can serve a younger, more diverse fan base without alienating core supporters
Gap with Toyota is set to widen and low-priced Chinese electric cars are a threat
...In the span of a week, Rinehart’s Hancock Prospecting has bought shares in Australia’s Lynas and taken a 5 per cent holding in US-listed MP Materials....
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