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MUNICH, Germany, Aug 12 (Reuters) - England captain Harry Kane has joined Bundesliga champions Bayern Munich from Premier League club Tottenham Hotspur on a four-year deal, the German club said on Saturday. They did not disclose the transfer fee, which media reports have put at around 100 million euros ($109 million). That would be a Bundesliga record, smashing the 80 million euros paid by Bayern to sign Lucas Hernandez from Atletico Madrid in 2019. "The fans can look forward to Harry Kane and the new season," said club CEO Jan-Christian Dreesen. Bayern kick off their Bundesliga season against Werder Bremen next week.
Persons: Harry Kane, Lucas Hernandez, Christian, Harry, Kane, Alan Shearer, Robert Lewandowski, Karolos Grohmann, Trevor Stynes, Ken Ferris, Mark Potter Organizations: Bundesliga, Bayern Munich, Premier League, Tottenham Hotspur, Bayern, RB Leipzig, Atletico Madrid, Tottenham, Barcelona, Borussia Dortmund, Werder Bremen, Spurs, Thomson Locations: MUNICH, Germany, England
BERLIN, Aug 11 (Reuters) - Tottenham Hotspur striker Harry Kane has agreed to move to German champions Bayern Munich after the two clubs reached a preliminary deal for his transfer, Germany's Bild newspaper said on Friday. The English club and Bayern had reportedly agreed on the move on Thursday but needed the consent of Kane, who has another year on his contract at Tottenham. Kane joined Tottenham's academy aged 11 before making his senior debut in 2011. Bayern coach Thomas Tuchel will hold a press conference later on Friday ahead of Saturday's season start with the German Super Cup against RB Leipzig. The Bundesliga starts next week with Bayern facing Werder Bremen on Aug. 18.
Persons: Harry Kane, Kane's, Kane, Alan Shearer's, Thomas Tuchel, Karolos, Miral Organizations: Tottenham Hotspur, Bayern Munich, Bundesliga, Bayern, Tottenham, Champions League, Leyton Orient, Millwall, Norwich City, Leicester City, Spurs, Premier League, German, RB Leipzig, Werder Bremen, Thomson Locations: German, London, Leicester
A Midea company sign is seen at the Appliance and Electronics World Expo (AWE) in Shanghai, China March 23, 2021. REUTERS/Aly Song/File PhotoAug 9 (Reuters) - Chinese home appliance maker Midea Group (000333.SZ) said on Wednesday it is studying a potential listing in Hong Kong as part of its global strategy. The new shares to be issued would account for no more than 10% of enlarged capital, Midea, already listed in the Shenzhen stock exchange, said in a filing. Midea's market capitalisation was $56.47 billion before the listing plan was made public, meaning a deal of up to 10% would be one of the largest listings in Hong Kong since 2021. The initial filing to the Hong Kong Stock Exchange would be made this year, with a likely share sale sometime in 2024, one of the sources added.
Persons: Aly, Midea, Scott Murdoch, Roxanne Liu, Kane Wu, Jason Neely, Gerry Doyle Organizations: Appliance, Electronics, REUTERS, Midea, Bank of America, China International Capital Corp, HK, Hong Kong Stock Exchange, Thomson Locations: Shanghai, China, Hong Kong, Midea, Shenzhen, Sydney
Tottenham accept Bayern Munich offer for striker Kane - reports
  + stars: | 2023-08-10 | by ( ) www.reuters.com   time to read: +1 min
BERLIN, Aug 10 (Reuters) - German champions Bayern Munich on Thursday reportedly reached a deal with Tottenham Hotspur for the transfer of England captain Harry Kane, according to several English and German media. Bayern, who did not comment on the reports, have been trying to sign the striker for months with any deal worth around an estimated 100 million euros ($110.19 million). German media said the clubs were preparing the contracts but the player still had to pass a medical in Munich. The Athletic website reported it was now up to Kane, who has one more year on his Tottenham deal, to accept the German club's offer. Bayern kick off their season on Saturday with the German Super Cup against RB Leipzig.
Persons: Harry Kane, Kane, Karolos Grohmann, Pritha Sarkar Organizations: Bayern Munich, Tottenham Hotspur, Bayern, Bundesliga, Champions League, Athletic, Tottenham, German, RB Leipzig, Werder Bremen, Thomson Locations: Munich
"The situation is already very bad for dollar-based funds to invest in China's tech sector. There isn't much room for things to get worse," said Beijing-based China Growth Capital partner Wayne Shiong. Biden's move will likely make China-focussed venture capital firms feel more urgency to raise yuan funds from Chinese investors, he said. In response to Biden's executive order, China's commerce ministry said it was "gravely concerned" and reserved the right to take countermeasures. But the executive order is barely going to do anything, and China escalating would risk turning a molehill into a mountain."
Persons: Florence Lo, Joe Biden's, Donald Trump, Weiheng Chen, Wilson Sonsini, Biden, Chen, Wayne Shiong, Biden's, Yuan, Pan, Trump, Derek Scissors, Kane Wu, Michael Martina, Roxanne Liu, Ziyi Tang, Yantoultra, Sumeet Chatterjee, William Mallard Organizations: REUTERS, U.S, Reuters Graphics Reuters, China Growth Capital, Chinese Academy of Social Sciences, TECH, Hua Hong Semiconductor, Analysts, American Enterprise Institute, Thomson Locations: China, U.S, HONG KONG, WASHINGTON, Beijing, Washington, Shanghai, Hong Kong, Singapore, Bengaluru
Quest Global investors Bain Capital and Advent International will exit in the transaction, while Quest Global will repurchase its own shares, Carlyle said in a statement. Ajit Prabhu, chairman and CEO of Quest Global, will acquire an additional stake, Carlyle said. Representatives for Bain Capital, Advent and Quest Global declined to comment on Quest Global's valuation in the deal. Established more than 25 years ago, Quest Global focuses on engineering, research and development services for the design, product development and operations of complex engineering systems. In 2016, Bain Capital and Advent, together with Singapore sovereign wealth fund GIC Pte Ltd (GIC.UL), jointly bought a minority stake in Quest Global for $350 million.
Persons: Carlyle, Issei Kato, HONG KONG, Ajit Prabhu, GIC, Kane Wu, Yantoultra Ngui, Jason Neely, Mark Potter Organizations: REUTERS, Carlyle Group, Quest Global Services, Global, Quest Global, Bain Capital, Advent, Quest, Thomson Locations: Tokyo, Japan, HONG, Singapore, Asia, Hong Kong
Morocco players celebrate after advancing to the knock out stage of the Women's World Cup. Her impact on the Moroccan women’s team has been equally dazzling. Chebbak’s legend has only grown this summer in leading the Atlas Lionesses at their first ever World Cup. Frustrated with the lack of women’s soccer, Illa and a few friends set up a team of their own. Nouhaila Benzina, pictured alongside FIFA President Gianni Infantino, has become a history maker during the Women's World Cup.
Persons: Ghizlane Chebbak, Mohammed VI, King, Chebbak, , Prince Moulay Abdallah, King Mohammed VI, Cheebak, Khadija Illa, , Alex Grimm, Larbi Chebbak, Ghizlane, didn’t, Misr El, Paul Kane, ” Chebbak, , Hakimi, Hakim Ziyech, Morocco’s, Morocco's, Reynald Pedros, Gary Day, Illa, Colin Murty, Fouzi Lekjaa, Nouhaila, Gianni Infantino, Harold Cunningham Organizations: CNN, of Nations, Morocco women’s, National Women’s Football League, FIFA, Moroccan, Rabat’s AS, AS, CAF Champions League, Confederation of African Football, South, Chebbak, Getty, Royal Moroccan Football Federation, Women’s Football League, CAF Women’s Champions League Locations: Morocco, South Africa, Sahara, Egypt, Germany, South Korea, Colombia, France, Laâyoune, Rabat, soccer, AFP, Moroccan
We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. “The ramifications of these charges for Trump and the country are enormous,” wrote legal scholar Michael Gerhardt. A sobering new studyAfrica Studio/Adobe StockA recent study has found that alcohol-related deaths are rising more quickly among American women than among American men. There’s no reason to think that will changeMike Shields: A tectonic shift in GOP voter turnout is underwayA back-to-school questionDenver Public School nurse Jennifer Nelson works at McAuliffe Manual Middle School. Every child deserves a school nurse.”
Persons: Pythagoras, It’s, Tobias Smollett, Peregrine Pickle, who’s, won’t, Donald Trump’s, Jack Smith’s, , Michael Gerhardt, , Trump, ” Clay Jones, John Avlon, Ulysses S, Grant, Black, … Trump, ” George Costanza’s, Eric Klein, Jeremi Suri, ” Klein, Tanya Chutkan, Klein, Suri, Russell J, Levenson, Jr, Julian Zelizer, Dean Obeidallah, Phil Hands, Jon Gabriel, Gabriel, Badri, Paul Kane, punctuating, Aimee Phan, wouldn’t, Phan, Morocco’s Nouhaila, , I’ve, CNN Opinion’s Kirsi Goldynia, Dr, Catherine Donnelly, Donnelly, Whitney Browne, Alvin Ailey, O’Shae Sibley, Clay Cane, Cane, ” Cane, Jill Filipovic, Filipovic, , ” Filipovic, Eric Winer, Winer, Don’t, Ralph Tedy Erol, Catherine Russell, Rachel Marshall, Georgia Mark Zandi, Mike Shields, Jennifer Nelson, Hyoung Chang, Organizations: CNN, Trinity, Capitol, Trump, Ku Klux Klan, Klan, Reconstruction, US, GOP, Warner Bros, Agency, Sun, FIFA, Canada, Germany, juggernaut, Department of Nutrition, Food Sciences, University of Vermont, Adobe, Yale Cancer Center, Haitian National Police, Denver Public School, McAuliffe, Middle, Denver Post, National Association of School Nurses, American Academy of Pediatrics, Research Locations: Scottish, Georgia, Michigan, Arizona, United States, Washington ,, Wisconsin, Phoenix , Arizona, xeriscaping, Morocco, Colombia, South Africa, Jamaica, Vietnamese, Philippines, Zealand, Vietnam, States, Thailand, Washington, Brooklyn, America, New York City, Philadelphia, Africa, American, Port, Prince, Haiti
Relentless Man City seek record four titles in a row
  + stars: | 2023-08-04 | by ( Martyn Herman | ) www.reuters.com   time to read: +4 min
However, such is the nature of the Premier League that City will certainly not have everything their own way. Juergen Klopp's side's failure to qualify for the Champions League would have stung, especially with Manchester United finishing eight points above them. Newcastle United, who finished fourth last term, will be determined to prove it was no flash in the pan, although they will need to juggle the demands of battling for a top-four finish with the Champions League this time. The additions of winger Harvey Barnes from Leicester City and Sandro Tonali from Milan will certainly help. Postecoglou is the first Australian to manage in the Premier League and faces a big challenge at the north London club who endured a toxic 2022-23 campaign under Antonio Conte.
Persons: Phil Foden, Aymeric Laporte, Ruben Dias, Pep Guardiola, Guardiola, pacesetters, Ilkay Gundogan, Riyad Mahrez, Chelsea's Mateo Kovacic, Declan Rice, Alexis Mac Allister, Dominik Szoboszlai, Juergen, Erik ten Hag, Harvey Barnes, Sandro Tonali, Ange Postecoglou, Antonio Conte, Harry Kane, Martyn Herman, Ken Ferris Organizations: Soccer Football, Manchester, Victory, Champions League, FA, Premier League, Manchester United's, League, Inter Milan, pacesetters Arsenal, City, Arsenal, Etihad, LIVERPOOL Liverpool, Manchester United, Newcastle United, Leicester City, Tottenham Hotspur, Bayern Munich, Luton Town's, Luton, Bournemouth, Nottingham Forest, Thomson Locations: Manchester, Britain, Manchester City, Abu Dhabi, Spanish, Istanbul, Barcelona, Al, Ahli, Saudi Arabia, City, Milan, Postecoglou, London, Fulham
Yet the tournament’s lowest FIFA world-ranked team (77th) bowed out in style, claiming their first ever Women’s World Cup win with a 3-1 victory over Costa Rica. South AfricaNo team left it as late to qualify from the group stage as South Africa. But Thembi Kgatlana had other ideas, tapping home Hildah Magaia’s pull back to secure South Africa’s first ever Women’s World Cup win and a place in the knockout stages with the flick of a boot. A solid start for a side who arrived at the tournament having conceded more goals at the World Cup than any other team. More history was made as Nouhaila Benzina became the first player to wear a hijab at a senior-level Women’s World Cup, and the defender came close to doubling the lead with a well-struck volley.
Persons: , Banyana Banyana, Thembi Kgatlana, Kgatlana, Lars Baron, I’ve, ” Kgatlana, Chiamaka Nnadozie, Uchenna Kanu, Osinachi Ohale, Australia’s Alanna Kennedy, Lauren James, Christy Ucheibe, Ucheibe, Isabel Infantes, Striker Ibtissam, Benzina, Anissa, Badri, Paul Kane Organizations: CNN, Qatar, debutants, FIFA, Argentina, South, Getty, Racing Louisville, E, US, Sydney Football Stadium, Super Falcons, Olympic, Canada, Brisbane, Group, England, Denmark, European, Chelsea, Benfica, Germany, South Korea, Atlas Lions, France, Hindmarsh Locations: Nigeria, South Africa, debutants Morocco, Australia, New Zealand, Zambia, Japan, Spain, Costa Rica, Africa, Italy, Sweden, Netherlands, Portugal, Vietnam, Republic, Ireland, Canada, Denmark, England, Morocco, Colombia, Korea, Brisbane, Perth, France, Qatar
For investors looking to weed out climate laggards from portfolios, these are vital questions but existing guidelines on emissions reporting and new rules due to come in for the United States and Europe are unlikely to provide hard answers. The United States is on track to announce similar rules this year and the corporate standard, first launched in 2001 and revised in 2004, is also embedded in other international emissions reporting standards. Nonetheless, many investors scrutinise carbon emissions data to gauge how polluting a company is, how it compares with rivals and how this might affect its bottom line and share price. Another area of investor concern is how companies account for their own energy use, or Scope 2 emissions. The GHGP allows companies to buy green energy to offset their emissions, using contractual instruments such as renewable energy certificates, and reflect this in their reporting.
Persons: Fabrizio Bensch, Vanessa Bingle, David Lubin, Subaru, SCA's Lubin, Laura Kane, Kane, Jimmy Jia, Jia, abrdn, Pedro Faria, Faria, Pankaj Bhatia, Douglas Gillison, Sumanta Sen, Dan Flynn, David Clarke Organizations: REUTERS, Toyota, Shell, Greenhouse, World Business, Sustainable Development, World Resources Institute, Reuters, Alpha Financial Markets Consulting, Analytics, Subaru, North, Voya Investment Management, Voya, EU, Sustainability, IFRS, Oxford Smith School of Enterprise, Reuters Graphics, U.S . Securities, Exchange, Thomson Locations: Berlin, Germany, United States, Europe, Japan, North America, U.S, Britain, British, EU
HONG KONG, July 31 (Reuters) - Hong Kong's stock exchange will no longer require companies to spell out China-related business risks in listing applications from Tuesday, in a move that aligns the city more closely with disclosure changes ordered by Beijing. China's securities watchdog published updated rules for offshore listings in February and Hong Kong followed with its own consultation on proposed changes a week later. In a summary of rule revisions, the exchange didn't list the removal of China risk disclosures as a major change. The majority of Chinese companies' offshore listing proposals have been filed with the Hong Kong exchange since the country new offshore listing regime came into effect on March 31, but few of them have got Beijing's nod to start raising funds. Reporting by Selena Li and Kane Wu in Hong Kong; Editing by Sumeet Chatterjee and Christina FincherOur Standards: The Thomson Reuters Trust Principles.
Persons: Selena Li, Kane Wu, Sumeet Chatterjee, Christina Fincher Organizations: bourse, Hong Kong Exchanges, Clearing, HK, People's, China Securities Regulatory Commission, Reuters, U.S . Securities, Exchange Commission, Hong, Thomson Locations: HONG KONG, China, Beijing, Hong Kong, People's Republic of China, United States, Hong
Franck Fife/AFP/Getty Images Norway celebrates scoring in its 6-0 victory against the Philippines on Sunday. Aisha Schulz/AP Sweden's Amanda Ilestedt, center, heads the ball to score the opening goal against Italy on July 29. John Cowpland/AP Italy's fans cheer before their team's match against Sweden at Wellington Regional Stadium, New Zealand. John Cowpland/AP China's Wang Shuang celebrates after scoring against Haiti during a Women's World Cup match on Friday, July 28. John Cowpland/AP US forward Alex Morgan is surrounded by Vietnam defenders during their opening match on July 22.
Persons: Colombia's Manuela Vanegas, Franck Fife, Alexandra Popp, Ulrik Pedersen, Manuela Vanegas, Sajad, Jaimi Joy, Reuters Linda Caicedo, Phil Walter, Getty, Dominique Randle, Hannah Peters, Hali, Rafaela Pontes, Olivia McDaniel, Norway's Caroline Graham Hansen, Abbie Parr, Sophie Roman Haug of, Jessika Cowart, Buda Mendes, Ali Riley, Katie Bowen, Molly Darlington, Julia Stierli, Alessandra Tarantino, Ramona Bachmann, Sanka Vidanagama, James Elsby, Benzina, Edina Alves Batista, Hannah Mckay, Brenton Edwards, Panama's Aldrith Quintero, Jamaica's Deneisha Blackwood, Kameron Simmonds, Luisa Gonzalez, Allyson Swaby, Herve Renard, Wendie Renard, Debinha, Katie Tucker, Aisha Schulz, Amanda Ilestedt, John Cowpland, Rebecka Blomqvist, Wang Shuang, Maddie Meyer, Dumornay, China's Dou Jiaxing, Alex Pantling, Chloe Kelly, Carl Recine, Mary Earps, Andy Cheung, Janni Thomsen, Alex Greenwood, Lauren James, Justin Setterfield, Keira Walsh, Walsh, Argentina's Mariana Larroquette, Yamila Rodriguez, Cristiano Ronaldo, Lionel Messi, Matthew Lewis, Linda Motlhalo, Lars Baron, Osinachi Ohale, Bradley Kanaris, Dan Peled, Anthony Albanese, Matt Roberts, Jéssica Silva, Vietnam's, Saeed Khan, Fiona Goodall, Daphne van Domselaar, Julie Ertz, Brad Smith, Andrew Cornaga, Lindsey Horan, Joe Prior, Catherine Ivill, Amanda Perobelli, Canada's Vanessa Gilles, Ireland's Niamh Fahey, Louise Quinn, Murty, Katie McCabe applauds, Paul Kane, Kailen Sheridan, McCabe, Stephen McCarthy, Adriana Leon, Colin Murty, Jennifer Hermoso, David Rowland, Reuters Hermoso, Spain's Alexia Putellas, Mary Wilombe, Naomoto, Japan's Mina Tanaka, Daniela Solera, Sarina Bolden, Bolden's, Hannah Wilkinson, Bolden, Victoria Esson, Katelyn Mulcahy, Hagen Hopkins, Catalina Usme, Korea's Cho, Colombia's Jorelyn, Carolina Arias, Cameron Spencer, Reuters Usme, Kim Hye, Rebecca Welch, David Gray, Brazil's Marta, Matt Turner, Borges, Khadija Er, Victoria Adkins, Germany's Alexandra Popp, Asanka Brendon Ratnayake, Morocco's Fatima Tagnaout, Hamish Blair, Cristiana Girelli, Kim Price, Francesca Durante, German Portanova, Reuters Italy's Giulia Dragoni, Estefania Banini, Dragoni, Grace Geyoro, Mark Baker, Rebecca Spencer, Robert Cianflone, Bunny, Shaw, Estelle Cascarino, Portugal's Ines Pereira, Stefanie van der, Van der Gragt, Portugal's Jessica Silva, Silva, Joe Allison, Magaia, Sweden's Elin Rubensson, Amalie Vangsgaard's, Zhang Linyan, Denmark's Pernille Harder, Gary Day, Shui, Reuters England's Alessia Russo, Haiti's Tabita Joseph, England's Lionesses, Reuters Nicolas Delépine, Kerly Theus, Zac Goodwin, Jun Endo, Zambia's Agnes Musase, Reuters Aoba, Catherine Musonda, Alex Morgan, Carmen Mandato, Megan Rapinoe, Horan, Trần Thị Kim Thanh, Sophia Smith dribbles, Ane, Esther González, Costa, Costa Rica's Mariana Benavides, Katrina Guillou, Switzerland's Gaëlle Thalmann, William West, Uchenna Kanu, Chiamaka Nnadozie, Canada's Christine Sinclair, Steph Catley, Heather Payne, Australia's Kyra Cooney, Mackenzie Arnold, Ria Percival, Ada Hegerberg, Jan Kruger, Zealand's CJ Bott, Norway's Mathilde Harviken vie, Jose Breton, Benee, Ireland's, Niamh Fahey, Vanessa Gilles, Coliin Murty, Sam Kerr, Kerr, Tony Gustavsson, Christine Sinclair, Ireland, Spain –, Japan's Hikaru Naomoto Organizations: CNN, Germany, Getty, Colombia, Reuters, Norway, Sunday, FIFA, AP, New Zealand, South, Jamaica, Brazil, France, Italy, Sweden, Wellington Regional, Haiti, China, Denmark, England, Argentina, Nigeria, Australia, Canada, Reuters Australian, Vietnam, Portugal, USSF, Ireland, Spain, Eden, Costa, Forsyth, AP Costa, Japan, New, Victoria, Panama, Morocco, Cristiana, Atlanta Primus, Zambia, Zambian, Costa Rica's, Getty Images, Zealand, AP Norway, Nations, FOX Sports, Telemundo, Seven Network, Optus Sport, BBC, ITV, Republic of Ireland, Super Falcons, coy Locations: Japan, Spain, Costa Rica, Zambia, Australia, Canada, Nigeria, AFP, Colombia, Philippines, AP Philippines, Sophie Roman Haug of Norway, New, Reuters, Morocco, South Korea, Perth, Reuters Jamaica, Brisbane, New Zealand, Reuters England, Reuters Argentina, Argentina, South Africa, Ireland, Portugal, Vietnam, United States, Netherlands, Wellington , New Zealand, Auckland , New Zealand, Costa Rican, Dunedin , New Zealand, AP Costa Rican, Reuters Switzerland, Norway, Switzerland, Sydney, Reuters Colombia, Panama, Adelaide, Germany, AP Argentina, German, Italy, Atlanta, Africa, China, European, Reuters England's Georgia, Ane Frosaker, Eurasia, Melbourne, Reuters Norway, Zealand, Eden, United Kingdom, Republic of, Republic of Ireland, Wellington
The strange, twisted tale of the motel owner Gerald Foos (who claimed to have spied on his customers for decades) and the superstar journalist Gay Talese (who wrote about Foos in a controversial New Yorker article and book) is detailed by the directors Myles Kane and Josh Koury in this riveting documentary. Voyeurism aside, the most compelling passages are less about what Foos did than how Talese’s seemingly sturdy news judgment failed him so spectacularly. Ultimately, “Voyeur” is less a character study than a prescient examination of a faltering media landscape, where a story that’s too good to be true is too often told anyway. ‘VHS Massacre’ (2016) / ‘VHS Massacre Too’ (2020)Stream part one and part two on Amazon Prime Video.
Persons: Gerald Foos, Gay Talese, Myles Kane, Josh Koury, Organizations: Yorker, Amazon Prime
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/star-trek-star-carol-kane-watched-old-movies-as-a-kid-to-ease-her-insomnia-f72b94eb
Persons: Dow Jones, kane
Its group chief investment officer Jeffrey Jaensubhakij told Reuters GIC was keen to invest in Chinese companies that do business within China and do not export to the United States. "There are some 'China for China' type of investments that still make sense," he said. GIC said exposure to China was important for a diversified portfolio. GIC is the world's seventh-biggest sovereign investor with $690 billion in total assets, according to research firm Sovereign Wealth Fund Institute. The share of emerging market equities in GIC's portfolio rose to 17% by end of March from 16% a year earlier.
Persons: Jeffrey Jaensubhakij, Reuters GIC, GIC's, GIC, Lim Chow Kiat, Beijing scrambles, Ang Eng Seng, Jaensubhakij, GIC's Lim, Yantoultra Ngui, Xinghui, Xie Yu, Julie Zhu, Kane Wu, Christina Fincher Organizations: SINGAPORE, Reuters, HK, Ant Group, Temasek, Infrastructure, Sovereign Wealth Fund, Thomson Locations: China, Singapore, United States, Beijing, U.S, Asia, Japan, Xinghui Kok
The move, which not been reported before, is the latest in tightening scrutiny of Chinese companies' offshore listings, and comes at a time when Beijing is stepping up controls over cross-border transfer of sensitive information. The Chinese law firms acting as IPO advisors have been asked to drop such boilerplate risk disclosures, said one of the people, who declined to be identified as the discussions were confidential. China's new offshore listing rules that came into effect on March 31 forbid any comments in the listing documents that "misrepresent or disparage laws and policies, business environment and judicial situation" of China. Representatives from the CSRC's International Cooperation Department, more than 10 Chinese law firms and other government and industry bodies attended the July 20th meeting, according to one of the people. Large domestic law firms Fangda Partners, Han Kun Law Offices,and Zhong Lun Law Firm were among the attendees, said two of the sources.
Persons: prospectuses, CSRC, Han, Zhong, Han Kun, Zhong Lun, Julie Zhu, Kane Wu, Selena Li, Sumeet Chatterjee, Tomasz Janowski Organizations: China Securities Regulatory Commission, CSRC's International Cooperation Department, Fangda Partners, Zhong Lun Law, Reuters, Thomson Locations: Beijing, China, United States, The China
Bayern Munich wins 27-0 in first match of preseason
  + stars: | 2023-07-19 | by ( Matias Grez | ) edition.cnn.com   time to read: +1 min
CNN —To say Bayern Munich’s opening preseason friendly was a one-sided affair would be something of an understatement. The defending German champion beat ninth-tier Rottach-Egern 27-0 on Tuesday as Bayern showed no mercy against the amateur side – perhaps the team doesn’t need Harry Kane after all. The match took place at Bayern Munich’s training camp near the town of Tegernsee, with head coach Thomas Tuchel playing two entirely different teams to start each half. New signing Konrad Laimer got his first goal in a Bayern Munich shirt. Frank Hoermann/SVEN SIMON/dpa/APIn attendance was Bayern’s new signing Minjae Kim, who put pen to paper just hours before the preseason friendly.
Persons: Harry Kane, Egern, Jamal Musiala, Tel, Marcel Sabitzer, Serge Gnabry, Thomas Tuchel, Konrad Laimer, Frank Hoermann, SVEN SIMON, Minjae Kim, ” Kim, , I’ll Organizations: CNN, Bayern, Tottenham Hotspur, England, Bundesliga, Rottach, South, Napoli, Serie, “ FC Bayern Locations: Tegernsee, Bayern Munich, South Korean, Munich, It’s
Credit Suisse Securities (China), 51%-owned by Credit Suisse, is expected to start the cuts, accounting for about 20% of its local workforce, as early as Monday, according to the sources. Credit Suisse, Credit Suisse Securities and UBS declined to comment. The move is aimed at further tightening spending at the joint venture as Credit Suisse "seeks to stem losses", said one of the sources. The joint venture booked a net loss of 254.5 million yuan ($35.27 million) in 2022, its annual report showed. Out of the 200-strong team at the local unit, 58 were in investment banking and 36 in wealth management related businesses as of end-2022.
Persons: Securities, Summer Zhen, Engen Tham, Selena Li, Kane Wu, Kim Coghill Organizations: Credit Suisse, UBS, Credit Suisse Securities, Staff, Citi, Reuters, Thomson Locations: HONG KONG, China, Swiss
July 20 (Reuters) - Private equity firm Warburg Pincus on Wednesday named its Asia head of real estate Jeffrey Perlman as successor to Timothy Geithner as president. Geithner, who was U.S. Treasury Secretary in the Obama administration and had headed the Federal Reserve Bank of New York, will become the chair of the New York-based investment firm. "Now is the ideal time to put in place a plan for the next generation of leadership at the firm," Warburg CEO Chip Kaye said. Warburg Pincus has already raised more than the targeted $16 billion in its global flagship private equity fund, said a person with knowledge of the matter. Founded in 1996, Warburg has more than $83 billion in assets under management and its portfolio spans more than 250 companies.
Persons: Warburg Pincus, Jeffrey Perlman, Timothy Geithner, Geithner, Obama, Warburg, Chip Kaye, Kaye, Perlman, Pritam Biswas, Niket, Kane Wu, Arun Koyyur Organizations: Wednesday, Treasury, Federal Reserve Bank of New, Reuters, Ou Asset Management Co, HK, Industrial Development JSC, Thomson Locations: Asia, Federal Reserve Bank of New York, York, China, Ou, Southeast Asia, Pacific, Bengaluru, Hong Kong, Lincoln
Today, she's made over $4.9 million in lifetime revenue — and a lesson from guest shark, Emma Grede, helped her do it. Philomina Kane was 26 years old when the clothing business she started with $500 landed her a six-figure deal on ABC's "Shark Tank." Grede's advice ended up proving immediately useful while Kane deliberated her "Shark Tank" deal. "Shark Tank was one of the best moments of my life," she says. Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank."
Persons: Kane, she's, Emma Grede, Philomina Kane, Lori Greiner, Emma, it's, Warren Buffett Organizations: CNBC, Kin Apparel, Apparel, Kin
Son says he would rather play for Spurs than move to Saudi club
  + stars: | 2023-07-17 | by ( ) www.reuters.com   time to read: +2 min
July 17 (Reuters) - Tottenham Hotspur forward Son Heung-min said he would have moved to Saudi Arabia to continue his career if he wanted to but opted to stay with the Premier League club to redeem himself after a disappointing 2022-23 campaign. "Probably if I wanted to go there (Saudi Arabia) I would be out there, not here," he said with a laugh. Obviously money is also important, but I dream of playing in the Premier League and still a lot of things to do. But the Premier League is still a dream for me to play (in) and I'm looking forward to this season." He's here and while he's here, he's totally committed to what we're doing."
Persons: Son Heung, Son, Sonny, Harry Kane, Ange Postecoglou, Kane, we've, Harry, he's, Stefan Haskins, Rohith Nair, Shri Navaratnam Organizations: Tottenham Hotspur, Premier League, Premier League Golden, South Korea, Spurs, West Ham United, Saudi, Bundesliga, Bayern Munich, Thomson Locations: Saudi Arabia, Perth, London, England, Sydney, Bengaluru
"He would know people's weaknesses and what they wanted and somehow always have something to offer," a former close friend said. Another close friend said Mickum once gave her a $1,000 loan "within minutes" when she needed it because of a credit-card crisis. He never "let the truth get in the way of a good story," a former close friend said. Hermès bags, like the Birkin and the Kelly, have always been symbols of unattainable luxury. There wasn't even a dust bag; Mickum claimed his mom's assistant would drop it off later.
Persons: George Mickum strode, Carlyle, Patty Hearst, He'd, Mickum, Birkin, swilling, Patty's, Gillian Hearst, Mr, George Mickum, Gillian Hearst's, George, Sally Painter, who'd, Peter Davis, Jackie O, Barbara Walters, Alessia Fendi, influencer Hannah Stella, Nick Hissom, Steve Wynn, Hearst, they'd, Prince Charles, Anna Delvey, Patty Hearst's, Rumor, he'd, wasn't, Met Breuer, Peter Poopat, George Santos, Trinity, Elisabeth Thieriot, Thieriot, Hermes, , Painter, Paul Mickum, George Mickum III, Sally, Painter's, Poopat, PJ Pascual, Patrick McMullan, Ramona Singer, Lauren Lawrence, Lawrence, Van Cleef, Nicole Salmasi, Trudy, Mike Vitelli, Eric Schmidt, Schmidt, Eric, R, Couri Hay, They're, Astor, William Randolph Hearst, Orson Welles, Kane, Gillian's, Bill Clinton, Patty, Bernard Shaw, Gillian, Lydia —, Shaw, Maxim, Lydia, Kane we're, Christian Simonds, Pierre, Krista Corl, Dee Dee, Scott Buccheit, Naeem Delbridge, Pascual, who's, We're, buttering, Simonds, Matthew Kehoe, England, — Hearst, Delbridge, Hearst's, Mario Glen Coco, Hearsts, Astrid Stawiarz, Tiger Woods, Ernie Els, Justin Timberlake, Joe Lewis, Buccheit, Mary McCarthy, Lillian Hellman, Mickum's, Christie Grimm, Steve, Kameron Ramirez, Hissom, Ramirez, Nick, Hunt, Damien Hirst, Douglas Elliman, Harry Winston, David Fiszel, invitees, Fiszel, Darian, Winston, Martha Stewart's, Mendel minks, Vacheron Constantin, Tao, Melinda French Gates, Shawn Mendes, Bill, Hillary Clinton, Neiman Marcus, Damien Hirst's, Damien, weren't, Kelly, Alexis Clarbour, Clarbour, Paul Wharton, you've, Wharton, Sean Zanni, Michael Coste, Hannah Stella, Coste's, Stella, Scott Fitzgerald, Coste, Goodman, Courroies Birkin, didn't, Aman, Cartier, Mickum's bluster, skeptically, satchel, Clarbour's, He's, We've, Sider, Philippe, Buccheit texted Pascual, he's, Hay, Café Carlyle, Alexander Hankin, Burisma, Hunter Biden, Mickum hasn't, There's, They've, Amy X, Wang, King Charles, Tracey Amon, Amon, GEORGE MICKUM Organizations: Hearst, Blue, Potomac, Hamptons, East, Met, University of Delaware, Southampton Bathing Corporation, Fields School, Georgetown Law, DC, Town &, New York Daily News, The New York Times, Google, Carnegie, Rockefeller, Cosmopolitan, Symbionese Liberation Army, Hearst Corporation, Vogue, Society of Memorial Sloan Kettering, Stockbridge Golf, New, Tiger, Tottenham, Douglas, Martha Stewart's Hamptons, Mickum, Projects, Madison, Getty, Antibes, Nike, Rue du Faubourg Saint, Couture, US, UN, New Yorkers, Avenue Couture, Hermès, Republican, Justice Department, Blue Star, Town, New York Times Magazine Locations: Bemelmans, Clinton, York, Palm, New, London, Manhattan, Dalton, Bay, Windsor Castle, Haute, Washington , DC, New York, Baccarat, The, San Francisco, Wilton , Connecticut, Side, Wyntoon, California, Buccheit, woodsy Stockbridge , Massachusetts, Stockbridge, Bahamas, Albany, Nobu, Martha, Peking, Paris, Istanbul, St, Georgetown, China, Italy, Hermès, Amalfi Coast, du, Midtown, brunch, Rue, Central Park, Mickum, Turkey, La, Café, Ukrainian, Ukraine
HONG KONG, July 5 (Reuters) - Beijing Fourth Paradigm Technology, an AI startup, has completed procedural work for a Hong Kong initial public offering, becoming only one of a handful of companies to get the nod from China's securities regulator since new rules became effective this year. The company has successfully completed the offshore listing filing process,according a July 3 filing on the China Securities Regulatory Commission (CSRC) website. Fourth Paradigm and one other company got the CSRC greenlight on July 3, adding to two other firms this year. Fourth Paradigm, also known as 4Paradigm, filed its fourth IPO application to the Hong Kong Stock Exchange in April. Fourth Paradigm counts Goldman Sachs (GS.N), Sinovation, Haitong International Investment and a number of state-backed funds as investors, the CSRC filing showed.
Persons: Goldman Sachs, Kane Wu, Edwina Gibbs Organizations: Paradigm Technology, Hong, China Securities Regulatory Commission, Hong Kong Stock Exchange, Commerce Department, International Investment, China International Capital Corp, CCB International, China Merchants Securities, Thomson Locations: HONG KONG, Beijing, Hong Kong
Goldman Sachs (GS.N), Morgan Stanley (MS.N) and JPMorgan Chase (JPM.N) are among the banks helping Shein with its IPO preparation, according to six of the sources. Didi was delisted from the New York Stock Exchange (NYSE) a year later amid Beijing's crackdown on Chinese technology giants over antitrust and data security rules. Shein officials in Singapore, where the company is headquartered, declined to comment on any IPO plans or on discussions with the investment banks and exchanges. Last week, Reuters reported that Shein had filed its IPO registration confidentially with the U.S. Securities and Exchange Commission. Shein was valued at more than $60 billion in a $2 billion private fundraising round in March.
Persons: Goldman Sachs, Morgan Stanley, JPMorgan Chase, Didi Global's, Didi, Shein, Chris Xu, Kane Wu, Julie Zhu, Greg Roumeliotis Organizations: YORK, Shein, New York Stock Exchange, Nasdaq, JPMorgan, NYSE, Reuters, U.S . Securities, Exchange Commission, SEC, General Atlantic, Tiger Global, Sequoia Capital, Thomson Locations: China, United States, Singapore, U.S, Beijing, Washington , U.S, Ukraine, China's Xinjiang, Xinjiang, Sequoia Capital China, Nanjing, China's, Jiangsu, Hong Kong, New York
Total: 25