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...Competing developer CK Asset Holdings was one of the worst-performing large-cap stocks, dropping 12.8 per cent....
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...And FT climate reporter Aime Williams has an item on investment opportunities in climate adaptation....
...Corporate updates: Chinese tech groups Tencent and PDD Holdings, along with carmaker Geely and Malaysia’s Top Glove report results....
...The deal allowed Credit Suisse to cut its holdings of such assets from $75bn to $20bn. Apollo rebranded the business as Atlas....
...Corporate updates: Taiwan’s CTBC Financial Holding and consumer electronics company Wistron announce fourth-quarter earnings....
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...Corporate earnings: Anglo-Australian miner Rio Tinto, HSBC Holdings, Hang Seng Bank and Bank of East Asia announce financial results....
...Jardine Cycle & Carriage is Jardine’s holding company in south-east Asia, while PT Astra is an Indonesian conglomerate controlled by Jardine....
...Corporate earnings: Japanese semiconductor company Tokyo Electron, human resources group Recruit Holdings and real estate developer Mitsui Fudosan report quarterly results....
...given MicroStrategy made a small pre-tax profit of around £13mn on revenues of $371mn in the nine months to September 30, after taking into account share-based pay but excluding impairments on its digital holdings...
...Corporate earnings: Sony, Japanese insurer Tokio Marine Holdings and Japan Post Bank report third-quarter earnings....
...In 2012, Bill Ackman convinced 3G Capital to merge with Justice Holdings, a UK special purpose acquisition company, sponsored by the hedge fund manager, Martin Franklin and Nicolas Berggruen....
...William SalomonLondon W11, UK...
...Property giant Country Garden Holdings, once China’s largest developer by sales, saw its Hong Kong shares fall as much as 13.9 per cent after it revealed the winding-up petition from one of its creditors...
...Wang Wentao said on Friday that Beijing would seek to strengthen exports, which fell last year for the first time since 2016, as well as imports, which have suffered from weak consumer sentiment, holding...
...“Holding a majority stake in the new entity allows TikTok to lead the ecommerce business with little to no interference from its local shareholder,” he said....
Thank [expletive] for Michael O’Leary
...London-listed 888 has also been under pressure to reduce the debt it took on to fund the 2021 acquisition of William Hill’s international operations. Corporate rebrandings, however, can be risky....
High Court upholds PDT’s claims across three parts of former steelworks site
...Xu Xiaolei, chief brand officer at state-controlled travel agent China CYTS Tours Holding, said the visa-free pilot schemes, which will last up to one year for most countries, “should have a greatly stimulating...
...“William is crazy,” joked one employee. “His fans are too.”...
Move comes after chief executive’s record pay package was voided by a Delaware judge
...Letter in response to this article: When Boeing tied hands of its door panel supplier / From William Davies, Bridport, Dorset, UK...
Environmentalists object to resuming exploration in only habitat of the endangered orangutan
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