The only surprising thing about Vincent Bolloré’s plan to spin off a chunk of Universal Music is that he didn’t think of it sooner. The French billionaire has contrived an ingenious way of unwinding a conglomerate discount at Vivendi, the media group he controls, while also.
International companies that want to participate in the Saudi government's investment opportunities "will have to make a choice" and establish regional headquarters in the kingdom as of 2024 or they will not win government contracts, the Saudi finance minister told Reuters.
The U.S. Securities and Exchange Commission is kicking off a renewed effort to overhaul rules around money market funds, soliciting public input on how to reform the sector.
Steinhoff said on Monday former auditor Deloitte has agreed to pay $85 million to certain claimants as part of the retailer's proposed $1 billion global lawsuit settlement plan, and that a company opposing the plan had withdrawn its court application.