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...Direct investment in UK newspapers of any size by a foreign state will be banned under the new regime being drawn up by Whitehall officials, according to a legislative amendment published by the government...
...The cash-and-shares offer was 3 per cent higher than Ageas’ original offer, based on the share price at the end of last week, Direct Line said....
...Of the three, the most controversial change seeks to allow boards to more easily strike direct agreements with a specific shareholder, a common practice to head off proxy fights....
...Now, much rests on what Direct Line’s brand new chief executive Adam Winslow delivers at full-year results this Thursday....
...Direct Line’s new chief said the UK motor insurer had “a very successful future . . . in front of us” as it launched a fightback against a takeover attempt from Belgian rival Ageas with new cost savings...
...The news comes just two days before Adam Winslow starts as Direct Line’s new chief executive and faces the challenge of turning around the business after a bruising 18 months....
...Direct Line acknowledged Ageas’s decision and said it was “well positioned to drive material improvement in performance that is expected to unlock significant value” for its shareholders under new executive...
...Direct Line shares jumped 20 per cent to 197.5p on the news....
...Direct Line’s new chief executive announced cost-savings and profit targets as the UK motor insurer swung back to profit and launched a fightback against a takeover attempt from Belgian rival Ageas....
...China’s direct investment liabilities, a gauge of foreign capital flowing into the country, totalled about $33bn in 2023, according to data released late on Sunday by the State Administration of Foreign...
...China reported its smallest annual foreign direct investment since the 1990s, as foreign companies pulled money out of Asia’s largest economy amid slowing economic growth and higher interest rates available...
...Alibaba chief Eddie Wu has strengthened his grip on the sprawling tech conglomerate, reshuffling management once again to take direct charge of its core ecommerce business as it loses market share to rivals...
...Sir John Armitt made his remarks at the Trades Union Congress conference in London, a week after chancellor Jeremy Hunt unveiled new measures to increase investment by UK private sector pension funds in...
...Major General Hossein Salami, the Guards commander, said over the weekend that the attack had set “a new equation” in hostilities between the two countries....
...Yet bank retrenchment has reduced competition in many markets, creating new origination opportunities and a stronger position for the remaining lenders....
...As of this year, US investors can now purchase bitcoin via highly regulated products offered by reputable finance groups, rather than having to buy bitcoin directly on offshore crypto exchanges....
...Shopping for a new mattress is miserable. There is an overwhelming amount of choice; the stakes of getting it wrong are high....
...The legislation contains new exemptions to existing safeguards against “direct marketing” when communications are “carried out for the purposes of democratic engagement” and targets are 14 years old or above...
...Giorgia Meloni’s government has proposed constitutional changes to allow for the direct election of Italy’s prime minister, a move aimed at strengthening the premier’s role and ensuring that future coalitions...
...The rise of direct cremation does not signify the death of the funeral, according to Pure Cremations, a leading UK provider, whose website advocates the funeral’s “rebirth” into a ceremony that celebrates...
...The carriers are struggling to resume direct flights to the US at a time of increased tension between Beijing and Washington....
...There are a number of distinct but related factors at play. First is the rapid rise of so-called helicopter parenting....
...You could develop an entirely new class of medicine that, when necessary keeps you awake, or when necessary gives you all the hours sleep you need,” he says....
...“We have a full portfolio [of technologies] that can cover many new use cases,” said Albert Wang, Naver Labs’ principal researcher. “A lot of companies focus on single applications....
...So-called direct lending deals match a specialist fund that bilaterally offers corporate loans that are typically held to maturity. This is not a new structure....
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