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February 6, 2010
Rio Tinto acts to improve its China relations
...commercial infringement.It is understood one of Mr Bauert's first tasks will be to consider recent changes to Chinese law regarding representative offices of foreign companies. He will be based in Shanghai where Rio employs 95 people, in addition to 35 in Beijing.Mr Hu and... By Peter Smith in Sydney, Patti Waldmeir in Shanghai and,William MacNamara in London
February 6, 2010
Rio Tinto acts to improve China relations
...commercial infringement. It is understood one of Mr Bauert’s first tasks will be to consider recent changes to Chinese law regarding representative offices of foreign companies. He will be based in Shanghai where Rio employs 95 people, in addition to 35 in Beijing.Mr Hu and... By Peter Smith in Sydney, Patti Waldmeir in Shanghai and William MacNamara in London
February 5, 2010
Rio Tinto hires new China boss
...representative’s legal liability.It is understood one of Mr Bauert’s early tasks will be to consider recent changes to Chinese law regarding representative offices of foreign companies. Mr Bauert’s most recent position was iron ore sales and marketing managing director. He will be... By Peter Smith in Sydney and Patti Waldmeir in Shanghai
February 9, 2010
Business Diary: Sophia Harris, Solomon Harris
Sophia Harris founded the law firm Solomon Harris. She lives and works on Grand Cayman, where she plays a leading public role. She has served as the...boom again, perhaps faster than most other onshore jurisdictions, but in the meantime we have decided to relocate to larger offices to take advantage of the relatively soft property market. The culture inSwitzerland is generally more formal than in Cayman... By Jane Owen
February 8, 2010
Business diary: Sophia Harris
Sophia Harris founded the law firm Solomon Harris. She lives and works on Grand Cayman, where she plays a leading public role. She has served as the first...boom again, perhaps faster than most other onshore jurisdictions, but in the meantime we have decided to relocate to larger offices to take advantage of the relatively soft property market. The culture in Switzerland is generally more formal than in Cayman... As told to Jane Owen
February 8, 2010
Solution to funding shortfall found
...deals,” says Mr Smith.Darryl Eales, chief executive of LDC, a subsidiary of Lloyds Banking Group with 11 regional UK offices including Manchester and Liverpool, told the Financial Times that the group considered deals below £5m-£10m. “There...LDC.President Obama’s proposals to ban banks investing in private equity could be adopted here – in spirit if not in law, he said. “If the banks hold back on putting money into private equity for the first time in three decades there won... By Andrew Bounds
2:00am
GMG sells regional titles to Trinity Mirror
...as “fantastic” for Trinity Mirror, which is acquiring more than 30 titles, a printing press in Reading and freehold offices in Guildford.Paul Gooden, analyst at Royal Bank of Scotland, said: “The disposal price of £44.7m looks very low... By Salamander Davoudi
2:00am
British Land portfolio value bounces
...extensions to retail parks being reviewed.Rental values declined - by 0.5 per cent for retail assets and by 1.2 per cent for offices - although the rate has eased. There was like-for-like income growth of 1.4 per cent, however, and the company confirmed... By Daniel Thomas, Property Correspondent
3:45am
Sri Lanka president dissolves parliament
...the government said he would be court-martialled on charges of conspiring against the president. Under Sri Lankan military law, the armed forces can arrest and try personnel who have left service for up to six months after their departure, Keheliya Rambukwella... By
2:00am
Treasury blocks £1bn tax loophole
...Dominic Stuttaford of Norton Rose, the law firm, said: "It is another example of...ought to be taxed on the basis of what the law said, rather than what the Revenue thought...have been retrospective."The rule of law surely means we should have the law for a... By Vanessa Houlder