Hints and tips:
Executive chair has been appointed at the most politically challenging time in the company’s history
...US law firm Hogan Lovells has hired Patrick Sarch as a partner and co-head of London M&A. He joins from White & Case where he was co-lead of the corporate practice in London....
...It is unlikely that political pressure will lead to the dethroning of Lee, the 52-year-old Harvard-educated billionaire who is also known as JY or Jay....
...“After 20 or 30 years there [will be] no way to enforce JY’s promise today . . . I didn’t buy it at all,” Mr Park said....
...Prosecutors told the Financial Times that the two officials from Samsung Bioepis are accused of examining the mobile phones and laptops of the company’s employees to delete data containing keywords such “JY...
S Korean group unlikely to alter governance while de facto leader JY Lee faces charges
...Additional reporting by Jackie Cai and JY Lee...
...(Reuters) “Hewlett-Packard agreed to pay $108 million to resolve bribery investigations spanning three countries, in a case involving bags of cash, jewelry and tours of the Grand Canyon… To help secure...
...World Development NWS Holding – a group covering services, transport and ports in Hong Kong, Macau and mainland China, 61 per cent owned by New World Development and connected entities Chow Tai Fook Jewelry...
...“Personally, I don’t think JY has ever proven himself,” says one former senior investor. “Everything was given to him. There is lots of scepticism around.”...
...Alrosa signed a three year agreement with Laurelton Diamonds, the Belgian subsidiary of Tiffany & Co of the US last week to sell rough diamonds to the world’s most famous luxury jewellery retailer....
...According to Bain & Co’s research, online retail sales in China could overtake the US by next year....
...Jewelry seller Luk Fook Holdings was up 6.5 per cent with clothing retailer Esprit Holdings not far behind it, up 4.6 per cent, on hopes of strong Chinese demand....
...They therefore allocate a disproportionate amount of their passion investments to jewelry, gems and watches compared to the world average (i.e. 34% versus 23%), while spending the same proportion as Westerners...
...According to a report in the Wall Street Journal: Jewelry retailer Damas International Ltd. said Monday it accepted the resignation of Tawhid Mohammed Taher Abdulla as its chief executive after he disclosed...
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