Hints and tips:
...Sinochem, which owns its stake through China National Rubber Company, will also be barred from involvement in decisions about Pirelli’s “mergers and acquisitions, sales, spin-offs or listings of financial...
...Beijing unveiled its plans for stronger oversight of data, technology development, finance and society at its annual rubber-stamp parliament session that wrapped up last week....
...The shares and bonds of tyre manufacturer Goodyear Tire & Rubber have also been punished....
...“Voting to rubber stamp directors while trumpeting membership in climate coalitions is not meaningful investment stewardship — it’s greenwashing,” said Chris Hohn, head of The Children’s Investment Fund....
...Within just two years of Computer Space, and on its own route to global fame, Atari released an arcade kiss-chase game whose controllers were pink rubber domes intended to represent breasts....
...The PIC’s board “essentially was a rubber stamp” for Dan Matjila, the asset manager’s former chief executive as he and senior executives agreed deals that flouted investment rules, the report said....
...At first sight, they seemed an odd couple: former rubber tapper and presidential candidate Marina Silva and the billionaire co-chairman of beauty group Natura, Guilherme Leal....
...Diesel, hybrid and electric vehicles all need rubber tyres to take to the road. Recent underperformance in global tyremaker shares suggest that things are not so simple....
...An ATD spokesperson said the company remains “the largest independent supplier of tires to the replacement tire market.”...
...Big asset managers stand accused of rubber-stamping exorbitant executive pay deals in the US, as the income gap between bosses and staff grows even wider....
Industrial action on May 9 will affect several lines as commuters tire of dispute
...After a while, even the junior officers who admired his wit began to tire of his “needlessly offensive” lecturing....
...I vomited black carbon,” says Mr Yoo, who worked on the company’s production team, mixing rubber with chemicals and other materials to make tyres....
...The company also said the number of customers affected by non-conforming rubber seal products had risen to 462 from the 229 first identified when it admitted last month to having manipulated quality data...
...They succeeded when President Donald Trump rubber-stamped a reversal of the rule that had implemented the law, early in his presidency....
...Elsewhere on Friday, Goodyear Tire & Rubber reported earnings of 65 cents a share, beating Wall Street’s estimate but falling short of results for the same period for last year of 68 cents per share....
...Last year Sinochem acquired Halcyon Agri, a Singapore-listed rubber company, in a deal that created the world’s biggest natural rubber supply chain manager....
...Last year Sinochem bought Halcyon Agri, a Singapore-listed rubber company, for $175m in a deal that created the world’s biggest natural rubber supply chain manager....
...Elsewhere, US tyre manufacturer Goodyear Tire and Rubber rallied on Thursday after the company boosted its quarterly dividend by 43 per cent....
...In March the company’s chairman Li Xiaomin told China’s rubber-stamp legislature that “the speed of distressed asset disposal is declining and the difficulty is increasing” thanks to the country’s slowing...
...Yokohama Rubber is to buy Alliance Tire Group in a deal worth $1.18bn. KKR took a majority stake in Alliance, which is headquartered in the Netherlands, in 2013....
...The sale comes just months after KKR’s sale of its 90 per cent stake in India’s Alliance Tire Group to Japan’s Yokohama Rubber Company in a $1.2bn deal that saw KKR nearly double its original $500m investment...
...Makers of car parts weakened as Goodyear Tire & Rubber fell 7.4 per cent to $30.34 a share after sales fell short of expectations....
...Outside these obvious ‘Belt and Road’ deals, the Fund has also invested in ChemChina to purchase Italian tire maker Pirelli, invested $100m into the China International Capital Corp (CICC) a state investment...
...• The world’s largest asset managers are continuing to rubber stamp excessive pay awards for US company bosses....
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