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...Royal Mail owner International Distributions Services has rejected a £4.5bn takeover approach by Czech billionaire Daniel Křetínský’s investment group, calling the timing of the bid “opportunistic”....
...The deal went badly wrong, sending its international division into a series of lossmaking years and deep cutbacks....
...The Japanese owner of Lloyd’s of London underwriter MS Amlin plans to boost its underwriting capacity in the capital’s specialist market by half to £3bn in the next five years, as it invests in the UK hub...
...ByteDance is also investing in expanding TikTok’s international ecommerce business. ByteDance does not publicly disclose its revenue and profitability figures and declined to comment....
...The move comes as the US Congress prepares for a Saturday vote on a bill to ban ByteDance-owned short video app TikTok if it is not divested to a non-Chinese owner....
...The move to raise $500m in art-backed securities comes at a moment of deep distrust of Drahi in the bond market, however....
...Only two of the 16 onshore ETF issuers are international fund houses — Japan’s Nomura Asset Management and Singapore’s UOB Asset Management....
...The government has faced calls to introduce a fast track process under the national security regime for buyers such as Křetínský, who have already been cleared in earlier national security reviews....
...In another note published this week, Daiwa Securities analysed the probability of a Trump victory and its potential impact on Japanese stocks, arguing that the US was likely to take a much harder line on...
...A US congressional effort to force TikTok’s Chinese owner to divest the app has gained steam after House Speaker Mike Johnson unveiled a new package of legislation that could compel the Senate to support...
...Last year its joint venture, called Nomura Orient International, made a loss of Rmb225mn ($31mn), an increase from the loss of Rmb85mn it made in 2021, according to filings....
...Apple and Google-owner Alphabet were accused of favouring their own app stores while Facebook-owner Meta is being probed over its use of personal data for advertising....
...Wang joined Nomura in 2018 after working at state-run bank ICBC International between 2011 and 2016, according to his details on LinkedIn....
...But “the clock is not running out”, said Jack Wallace from Guggenheim Securities....
...Royal Mail owner International Distributions Services, which the “Czech Sphinx” has approached with a takeover offer, certainly ticks the boxes. IDS shares jumped on Wednesday....
...The US House of Representatives last week passed a bill that would in effect ban TikTok in America unless its Chinese owner sells the video-sharing app....
...The two parties might disagree on Vladimir Putin, US democracy, border security, taxing billionaires, Israel and everything else, but at least they know a national security threat when they see one....
...The day after American lawmakers voted overwhelmingly to force the Chinese owner of TikTok to sell the video-sharing app, its chief executive Shou Zi Chew expressed confusion....
...US security officials have said the app poses a risk to national security....
...Eyal Hulata, who was head of Israel’s National Security Council until last year, said the country’s calculations would also be affected by how the international community responded to Iran’s attack, arguing...
...Republican and Democratic lawmakers have introduced legislation that would ban app stores from distributing TikTok unless ByteDance, its Chinese owner, divests control of the popular video-sharing platform...
...Senior Nomura banker Charles Wang Zhonghe, who had been at ICBC’s international arm, was banned from leaving mainland China last year....
...The House of Representatives is next week expected to vote on the measure, which would impose a ban unless ByteDance, the app’s Chinese owner, divests the app within six months....
...Ministers have pledged hundreds of millions of pounds of state support to international carmakers in recent years for an array of projects, including a battery gigafactory for JLR and new electric models...
...securities unit and was detained....
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