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...If Europe is a technocracy and China an autocracy, America might be described as a large, bureaucratic corporation, a conglomerate that is so massive, complex, diversified and self-interested that it’s difficult...
...Families are one thing but the locals are not thrilled by the arrival of large corporations....
...Long seen as artefacts of the previous century, shares of these groups including Mitsubishi Corporation and Itochu have traded at typical conglomerate discounts....
...Pennon, which owns South West and Bristol Water, said it had agreed to buy the business from Sumitomo Corporation and Osaka Gas for a total enterprise value of £380mn....
...On Thursday, March 28, a group of powerful Delaware lawyers put in motion a plan to make a series of changes to the state’s eminent corporate code, known as the Delaware General Corporation Law....
...The quintet consists of Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, Mizuho Financial, Sumitomo Mitsui Trust and Resona....
...Waiving these taxes would require “significant legal changes to the corporation taxation system in Belgium”, said one person involved in the discussions, who thought it therefore unlikely to happen....
...The Japanese bank Sumitomo Mitsui has been buying up stock in Jefferies in recent years to become a leading shareholder as part of a strategic partnership....
...But what if the productivity gap is really about how large corporations use their economic and political power to squeeze out innovation in favour of larger profit margins?...
...Instead, it filed in the Southern District of New York, claiming that venue by virtue of the fact that the non-equity general partner in some of its entities partnerships was a New York corporation....
...The Biden administration will target billionaires and corporate America with sweeping tax rises as part of a plan to cut the US’s record national debt and boost the president in the polls ahead of November...
...Analysts at Bank of America said the deal should not worsen the outlook for capital returns at Aviva....
...The board works alongside the Harvard Corporation in the oversight of the Ivy League institution, including “the power of consent to certain actions such as the election of Corporation members”....
...One of the largest penalties imposed on a New York corporation, the judgment has ballooned the former president’s legal costs, which he is struggling to cover while mounting a campaign for the presidency...
...Profits may be hit by additional fees as part of the Federal Deposit Insurance Corporation’s plan to recover losses associated with rescuing Silicon Valley Bank and Signature Bank last year, most of which...
...The deal, say industry experts, is part of an expected wave of consolidation in America’s surprisingly fragmented housebuilding sector, where analysts calculate that the 20 largest companies control roughly...
...” by South American corporations in US capital markets and “in conducting commerce with US domiciled companies”....
...Francesco IerulloHead of Sales Americas, Exel CompositesErlanger, KY, US...
...of distressed sales....
...“No corporation should be its own government,” the statement said, adding the administration was “ready to work with Disney . . . to help promote economic growth, family-friendly tourism, and accountable...
...Pennon Group, which owns South West Water, said it had acquired SES Water, which supplies 750,000 customers in south-east England, and other ancillary businesses from Sumitomo Corporation and Osaka Gas for...
...The sum, insured by a subsidiary of the Chubb corporation, was posted on Friday in Manhattan federal court as part of an appeal against the decision....
...“I’m pretty tired of constantly worrying that somebody in Washington DC makes a decision that’s going to impact my family in Fayette county,” said Nick Staffieri, a waste management team leader at EQT Corporation...
...That bond was underwritten by a subsidiary of the Chubb corporation....
...In the early postwar decades, America’s large multi-divisional corporations, of which General Motors was the best-known example, were seen in Europe as the model for how big business should be run....
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