Tag Archives: wants

Snapdeal wants Flipkart to pay $900 million for buyout

Online marketplace Snapdeal has asked bigger rival Flipkart to pay at least $900 million in stock after rejecting the latter’s latest offer to buy the company, two people familiar with the matter said. Flipkart is yet to respond to Snapdeal’s demand but the company will send a new offer this week that will be higher than its previous bid of ... Read More »

This Caribbean Bank Wants Chinese Money No One Else Will Touch

The global campaign against money laundering combined with the Panama Papers made the Caribbean islands of sun, sand and offshore banking a near no-go zone for the world’s biggest banks. So the British Virgin Islands has a solution: a bank to service offshore companies, many of them from China, locked out of the global banking system by HSBC Holdings Plc, ... Read More »

Fund manager Hermes wants better governance for private infrastructure

British fund manager Hermes Investment Management on Monday called for improvements to the corporate governance code for private infrastructure assets, to ensure better outcomes for investors and other stakeholders. Among the suggestions made by Hermes, which manages 28.6 billion pounds across a range of assets, were for periodic board ‘effectiveness reviews’, as well as an independent chairman and a minimum ... Read More »

Kremlin says it wants apology from Fox News over Putin comments

The Kremlin said on Monday it wanted an apology from Fox News over what it said were “unacceptable” comments one of the channel’s presenters made about Russian President Vladimir Putin in an interview with U.S. counterpart Donald Trump. Fox News host Bill O’Reilly described Putin as “a killer” in the interview with Trump as he tried to press the U.S. ... Read More »