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Cina
Why Did China Detain Anbang’s Chairman? He Tested a Lot of Limits.
Wu Xiaohui often skirted the mostly unwritten rules on what Chinese companies are allowed to do, from big deals to an effort to court Donald Trump’s son-in-law.
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Brasile
Brazil’s Eike Batista Found Guilty of Insider Trading
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – With a 2 to 1 vote, Brazil’s Securities and Exchange Commission (CVM) found the once billionaire businessman Eike Batista guilty of insider trading, ordering Batista to pay a fine of R$21 million. “There is proof that the changes in the ...
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Egitto Venezuela
Give your kids Western names, face jail term –Egypt parliament
Parents in Egypt could soon be sentenced to six months in jail for giving their children ‘Western’ names such as ‘Mark’, ‘Lara’ and ‘Sam’. A draft law banning the use of ‘foreign names’ was introduced by MP Bedier Abdel Aziz and discussed by his country’s parliament yesterday. Abdel Aziz said ...
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Nigeria
FG moves to stop evasion of taxes by major companies
Olalekan Adetayo, Abuja The Federal Government on Wednesday commenced a move aimed at stopping major companies from evading tax. To achieve this, the Federal Executive Council granted permission to the Ministry of Finance to sign a multilateral convention to implement tax treaty related matters to prevent base erosion and profit ...
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Nigeria
Saraki’s victory at CCT, setback for anti-graft war –CSOs
Civil society organisations have said the Senate President, Bukola Saraki’s victory at the Code of Conduct Tribunal is a setback in the anti-corruption fight. Saraki, who had been on trial over allegation of false declaration of assets, was discharged and acquitted by the tribunal on Wednesday in Abuja. Chairman of ...
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Cina
China’s best-known tycoons who fell foul of Beijing
Anbang’s Wu Xiaohui is latest business leader to face detention or investigation
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Francia
Marché pétrolier : Le rééquilibrage se poursuit lentement
Le rééquilibrage tant attendu du marché pétrolier est en passe de devenir une réalité à la faveur de la nouvelle conjoncture induite par le dernier accord conclu au sein de l’Organisation des pays exportateurs de pétrole (OPEP). Dans un rapport rendu public, hier, l’Organisation estime, en effet, que «le rééquilibrage ...
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Marocco Algeria
MLA compte lancer un emprunt chaque année
L’établissement financier spécialisé dans le leasing, Maghreb Leasing Algérie (MLA), envisage de devenir un acteur régulier sur le marché obligataire local en lançant un nouvel emprunt chaque année, nous a indiqué hier son président du directoire, Nafa Abrous. «Nous envisageons d’émettre chaque année un nouvel emprunt obligataire pour des montants ...
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Costa Rica
Firma entre IS y Adisa
Internacional de Seguros (IS), primera aseguradora de Panamá y Centroamérica, se expande a Costa Rica con la compra del 76% de las acciones de Aseguradora del Istmo, S.A. (Adisa). Esta empresa de capital internacional, constituida en Costa Rica en el año 2010, está especializada principalmente en ramos personales de vida, ...
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Malta
Various equities decline in value
After reaching a five-week high of 4,677.502 points yesterday, the MSE Share Index fell by 0.63% today as the drops in the share prices of six equities (including those of IHI, HSBC and RS2) offset the 1.7% gain in Medserv. Meanwhile, another five equities finished the day unchanged. Trading activity ...