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Embattled ZTE seeks $10.7 billion credit line, nominates 8 board members

HONG KONG (Reuters) - Chinese telecommunications giant ZTE Corp has proposed a $10.7 billion financing plan and nominated eight board members in a drastic management overhaul, as it seeks to rebuild a business crippled by a U.S. supplier ban......»»

Category: topSource: reutersJun 14th, 2018

Embattled ZTE seeks more than $10 billion in credit

Chinese telecommunications giant ZTE Corp has proposed a $10.7 billion financing plan and nominated eight board members in a drastic management overhaul, as it seeks to rebuild a business crippled by a U.S. supplier ban......»»

Category: topSource: moneycentralJun 14th, 2018

Embattled ZTE proposes $10.7 billion credit proposal, new board

HONG KONG (Reuters) - Chinese telecommunications giant ZTE Corp has proposed a $10.7 billion financing plan and nominated eight board members in a drastic management overhaul, as it seeks to rebuild a business crippled by a U.S. supplier ban......»»

Category: topSource: reutersJun 14th, 2018

Brazil government nominates three new Petrobras board members amid accusations of meddling

Brazil's government on Monday nominated three new board members for state-owned oil company Petroleo Brasileiro SA (Petrobras), amid accusations that new CEO Roberto Castello Branco was pushing to oust board members......»»

Category: topSource: reutersJan 14th, 2019

U.S. seeks extradition of ex-credit Suisse bankers charged in $2 billion loan fraud

Three former Credit Suisse Group AG bankers were charged in New York with defrauding U.S. investors after helping arrange hidden loans to Mozambique, thrusting another global bank into an emerging market fundraising scandal......»»

Category: topSource: moneycentralJan 4th, 2019

U.S. seeks extradition of ex-credit Suisse bankers charged in $2 billion loan fraud

Three former Credit Suisse Group AG bankers were charged in New York with defrauding U.S. investors after helping arrange hidden loans to Mozambique, thrusting another global bank into an emerging market fundraising scandal......»»

Category: topSource: moneycentralJan 4th, 2019

Exclusive: France plans Renault CEO hunt as board frays over Ghosn - sources

The French government is seeking candidates to replace Renault's embattled boss Carlos Ghosn, sources told Reuters, as board members began to voice doubts about keeping him in office following his indictment in Japan for suspected misconduct......»»

Category: topSource: reutersDec 13th, 2018

Vivendi seeks shareholders meeting to change Telecom Italia board

Vivendi is calling for a shareholders meeting to change the board at Telecom Italia including five members proposed by activist fund Elliott, the French media conglomerate said on Tuesday......»»

Category: topSource: reutersDec 11th, 2018

Vivendi seeks new shareholders meeting to change Telecom Italia board

French media conglomerate Vivendi said on Tuesday that it would look to call upon a new shareholders meeting to change the board members at Telecom Italia and get rid of those proposed by activist fund Elliott......»»

Category: topSource: reutersDec 11th, 2018

Longtime Yelp Shareholder Seeks Board Overhaul

Longtime Yelp shareholder SQN Investors says years of missteps are weighing on the business-review company’s stock price and plans to publicly push it to add new board members......»»

Category: smallbizSource: wsjDec 10th, 2018

Monsanto Is Boosting Bayer’s Bottom Line, Even With the Looming Risk of More Roundup Cancer Cases

Cancer lawsuits are nothing compared to $2.47 billion in sales Bayer is doubling down on the embattled Monsanto we.....»»

Category: europeSource: fortuneNov 13th, 2018

Third Point seeks more detail on Campbell"s process for adding board members

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallNov 12th, 2018

One trillion yuan: China state carmaker FAW gains huge credit line

China's state-owned automaker FAW Group said it signed a deal with 16 banks for a credit line worth more than 1 trillion yuan ($144 billion), an eye-catching amount analysts said was mostly symbolic, albeit an important signal of government support......»»

Category: topSource: reutersOct 25th, 2018

Chinese state-owned automaker FAW Group gets $144 billion credit line

China's state-owned automaker FAW Group said it signed a deal with 16 banks for a credit line worth over 1 trillion yuan ($144 billion), but did not give specific reasons as to why it wanted to secure access to such a large amount of funding......»»

Category: topSource: reutersOct 25th, 2018

Argentine Peso Plunges On Reports Of Increased IMF Credit Line

It appears $50 billion just isn't w.....»»

Category: blogSource: zerohedgeSep 24th, 2018

2018 C-Suite Awards: Christopher O"Connor

Randolph-Brooks Federal Credit Union has 57 branches in Texas and more than 750,000 members, and is the 13th-largest credit union in the U.S with nearly $9 billion in assets......»»

Category: topSource: bizjournalsSep 20th, 2018

The Funded: Twitch co-founder"s new legal AI startup raises $65M, biotechs line up IPOs, and more

Twitch co-founder Justin Kan’s new startup has raised $65 million, gained several prominent new board members and made a small acquisition of its own, TechCrunch reports. Atrium LTS uses machine learning to automate tasks for the legal industry. .....»»

Category: topSource: bizjournalsSep 10th, 2018

Argentina official will ask IMF early release of funds

Argentina's Economy Minister Nicolas Dujovne is in Washington to personally ask the International Monetary Fund for the early release of a credit line under a $50 billion backup financing arrangement approved earlier this year......»»

Category: topSource: foxnewsSep 4th, 2018

Capital Gains: Tiny horses take flight; Torchy"s Tacos, the ultimate closer

In this week's Capital Gains: A Central Austin home for sale comes with free Torchy's Tacos; Southwest Airlines welcomes mini-horses on board; Chuy's Tex-Mex hires outside marketing firms; United Heritage Credit Union surpasses $1 billion in assets......»»

Category: topSource: bizjournalsAug 16th, 2018

Tesla"s board seeks more information on Musk"s financing plan

Tesla's board has not yet received a detailed financing plan from CEO Elon Musk, and is seeking more information about how he will take the U.S. electric car maker private in a proposed deal worth $72 billion. Roselle Chen reports......»»

Category: videoSource: reutersAug 10th, 2018

Tesla board evaluating CEO"s bid to take company private

Board members at Tesla are evaluating CEO and Chairman Elon Musk's $72 billion proposal to take the electric car and solar panel maker private......»»

Category: topSource: foxnewsAug 8th, 2018