Tag Archives: largest
Bangladesh retail pact prompts hope for real change
A handful of some of the world’s largest retailers signing binding commitments about their supply chains in Bangladesh has many watchers hopeful the country will finally see real change in its growing garment industry. Continue reading
U.S. hedge fund calls for Sony Entertainment spin-off
By Chikafumi Hodo and Nathan Layne TOKYO (Reuters) – Billionaire hedge fund investor Daniel Loeb on Tuesday called on Sony Corp to spin off its lucrative entertainment arm, setting the stage for a clash between his activist Wall Street fund and management at the Japanese electronics maker. Loeb said his Third Point hedge fund had accumulated a little more than 6 percent of Sony's shares – a stake worth $1.1 billion – making it the largest stakeholder in the inventor of the Walkman portable music player and Trinitron TV Continue reading
Adrian Cheng: updating a Hong Kong family empire for a changing China
By Farah Master HONG KONG (Reuters) – He has trained on Broadway and been a Wall Street banker. Now, Adrian Cheng, 33-year-old scion of the world's largest jewellery retailer and one of Asia's leading property developers is gearing up for his latest challenge – modernizing his family's $25 billion empire for what he calls a “new era”. … Continue reading
J.P. Morgan Investors Examine Links With Directors
Shareholders are taking a close look at financial relationships between some J.P. Morgan Chase & Co. (JPM) board members and the company they oversee, in a sign of the scrutiny the nation’s largest bank faces in the wake of a multibillion-dollar trading loss last year. Continue reading
Rusal Aluminum Output Falls in First Quarter
United Co. Rusal PLC (0486.HK), the world’s largest aluminum producer, said Tuesday that it saw a substantial narrowing in first-quarter losses, as it pushes to cut annual output in a market battling with excess global supply, poor demand and low prices. Continue reading
Saudi stock market regulator caps first-day price volatility
DUBAI, May 12 (Reuters) – The Saudi Capital Market Authority(CMA) announced on Sunday that stocks on the kingdom’s boursewould be limited to price swings of 10 percent on their firstday of trade. Saudi Arabia, home to the Gulf Arab region’s largest stockexchange, has been slowly amending its regulatory framework tobring it closer to international standards; market participantshope this will allow the bourse to open to direct investment byforeigners, a step which authorities are considering Continue reading
Freelancer.com blasts into 2013 with six month revenue accelerating to over 100% year on year, up from 82% compound annually over the last four years
SYDNEY, May 11, 2013 /PRNewswire/ –Freelancer.com, the world’s largest outsourcing marketplace, today announced that Q1 2013 revenue was up 103% from 2012, from 300,000 projects and contests post… Continue reading
Carlyle Group Bids for Rio Tinto’s Stake in Australia Mine-Source
One of the world’s largest private equity firms, Carlyle Group LP (CG), has made an initial bid for Rio Tinto PLC’s (RIO) majority stake in an Australian copper-gold mine, a person familiar with the matter said. Continue reading
Carlyle Bids for Rio Tinto Stake in Mine
One of the world’s largest private equity firms, Carlyle Group LP (CG), has made an initial bid for Rio Tinto PLC’s (RIO) majority stake in an Australian copper-gold mine, a person familiar with the matter said. Continue reading
