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...“Generally the more senior you are, the bigger the pay cut,” said Jason Bedford, a Singapore-based analyst, who pointed to a wider phenomenon of wage deflation in China driven by “forceful cuts” from the...
...However, people close to the sale process said nothing had been agreed and bankers were still talking to a number of potential buyers and co-investors....
...Thompson replaced Chris Licht, whose short tenure was dogged by some of the worst ratings in years....
...The cyber company has struggled on the public markets, dealing with accounting concerns, vocal short sellers and the long shadow of its co-founder Autonomy’s Mike Lynch, who is facing a fraud trial in the...
...The position, a 0.53 per cent net short as of April 24, is the first it has logged in Darktrace, a UK-listed cyber security maker that said today that it had agreed to be bought by Thoma Bravo. Oof....
...Jann Baskett, co-president and chief brand officer of SXSW, said London was “one of the most vibrant cities in Europe”....
...Concord, which is backed by Apollo Global Management, said on Thursday it would not increase its offer of $1.25 per share for the group, which falls short of the $1.30-per-share bid from Blackstone last...
...Under co-founder Steve Jobs, Apple was lauded for campaigns such as “Think Different” in the 1990s and for the “Silhouette” iPod ads that made its white earphones a status symbol and guaranteed success for...
...The broadcaster, co-owned by hedge fund boss Sir Paul Marshall, has carved out a niche in hiring politicians, the vast majority of which are from the Conservative or Reform parties, to host current affairs...
...presales to meet its short-term liabilities”....
...Advertising industry executives argued the ad represented a mis-step for the Silicon Valley company, which under late co-founder Steve Jobs was lauded for its ability to capture consumer attention through...
...Lex looked at the evidence and concluded that, while the premium exists, it comes up short as an investment formula. Get the details here....
...The UK media watchdog stopped short of an outright ban after finding no clear consensus among viewers for such a move....
...Darktrace rebutted claims in the short seller’s attack....
...Sundin first signed Avicii in 2010, and is the co-founder of Avicii Experience, a museum dedicated to Avicii....
...(You can read here why Lex thinks this will ultimately end in a break-up and more here on why the company’s restructuring efforts to date fall short)....
...China’s property slowdown has become one of the biggest challenges facing the world’s second-largest economy and Xi Jinping’s administration, which has so far stopped short of providing overt stimulus despite...
...His rival, Abu Dhabi-backed group RedBird IMI, short-circuited the auction process but is now facing a regulatory probe into its acquisition....
...Have a great weekend,Helen ThomasHead of Lex...
...TGI Fridays — short for Thank Goodness It’s Friday — began in New York in 1965, and opened its first UK restaurant in Birmingham in 1986....
...Blackstone, which co-owns the manager of the Hipgnosis fund, will hope its revised offer will land a knockout blow in the bidding war for the music rights business. Read more here....
...Davie will also emphasise the role the BBC can play to help ensure the UK will continue to have a healthy democracy and a strong creative economy, which he will say are under pressure....
...It has had to deal with accounting concerns, vocal short sellers and its uncomfortable association with Autonomy’s Mike Lynch, Darktrace’s co-founder who is facing a fraud trial in the US where he has pleaded...
...Could Boeing, a company that operates in an effective duopoly, be truly stigmatised? Possibly not, at least in the short term....
...In a letter to the co-head of the football league sent on Thursday, DAZN said it would file a statement of claim in an arbitration tribunal to challenge the decision next week unless a solution could be...
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