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...The probe is the first use of a new international procurement instrument. If the EU determines there is discrimination, it can take measures to hinder China’s access to its market....
...KPMG International said there were “opportunities for more clustering of some of our member firms over time”, building on its existing international structure....
...The project marks the first time Japan has worked with non-US partners on a major military project. The partners have yet to work out the division of the workload....
...“We are a creative and reliable partner you want to have in your gang during hard times.”...
...SIG’s structure also means that the ByteDance gains accrue directly to Yass and his co-founders instead of outside limited partners....
...The jab was late to market and suffered from collapsing demand as governments withdrew from procurement deals. The group had a market value of $600mn, as of market close on Friday....
...Coming up short Jeff Yass’s Susquehanna International Group first invested $80,000 in TikTok parent ByteDance a decade ago, betting on an idea sketched out on a napkin in a Beijing coffee shop....
...And a court fight to start: A former top investment banker at Centerview Partners did not strike a valid agreement to become a full-fledged partner at the elite advisory firm during a restaurant meeting...
...But Larry Allen, founder of Allen Federal Business Partners, a procurement consultancy, said it was notable that McKinsey was missing out on Washington’s increasing use of professional services firms to...
...“Why do you need to protect an industry where the local companies are fully empowered to compete with international markets?” said Butek....
...When a client (the Limited Partner, or LP) signs up to invest $100mn in private equity, they don’t immediately assume $100mn of exposure....
...Boeing had hoped the spin-off would lead to lower procurement costs and help it shed unionised workers but Spirit has suffered from lopsided contracts with its former owner and main customer, as well as...
...China’s trading partners are calling on Beijing to stimulate domestic demand to fill the gap left by the property sector, which once accounted for nearly a third of gross domestic product....
...It also axed its best selling Yeezy brand, after antisemitic comments by its business partner rapper Kanye West, and exited Russia. The UK’s listed universe of sportswear merchants is a small one....
...A new international business structure, headed by Rachel Lord, aims to boost BlackRock in fast growing markets outside the US....
...This time, the painting has been cleared for export, confirms Pierre Etienne, international director of Old Masters at Christie’s....
...“Trade deals strengthen Taiwan’s international legal status and support Taiwan’s desire to remain an active partner on the world stage,” Deng said....
...As part of that deal, Xpeng is expected to partner with the company in growth areas, including robotaxis....
...The EU investigation into China’s medical device market argues European manufacturers are being unfairly blocked from supplying doctors and hospitals and is the first use of a new international procurement...
...US contractors lead the list of the world’s largest defence companies by revenue, according to the Stockholm International Peace Institute’s latest ranking....
...Earlier this year, it announced a plan to increase international co-ordination of its investments in technology....
...We believe that the combined company would be an even more important partner to multi-national CPG and e- commerce companies, driving above market growth....
...Public relations group Brunswick has turned to an outsider to fuel its international growth, hiring the chief of New York’s Lincoln Center for the Performing Arts as its next boss....
...ByteDance’s US investors include the likes of private equity firm General Atlantic as well as Susquehanna International Group and Sequoia Capital....
...But as well as big banks, professional services specialists such as law firms and public relations companies have also been slower, citing concerns such as the tax implications of moving partners into a...
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