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Hong Kong seizes largest ivory haul in 30 years in container from Malaysia

HONG KONG: Authorities in Hong Kong this week made their largest haul of contraband ivory in more than 30 years, amid surging illegal wildlife seizures fuelled by lax regulations and buoyant demand from mainland China. The ivory was discovered in a 40-foot container from Malaysia declared to hold frozen fish, beneath which officers found the tusks.

Alphabet lawsuit against Uber shakes industry

SAN FRANCISCO: When Uber Technologies Inc was raising venture capital in 2013, it was one of the hottest deals around – and no one was more eager to write a cheque than Bill Maris and David Krane of Google’s venture capital arm.

The US$2 trillion woman who is turning around Pimco

WALK down a side alley in Munich, beneath apartments with net curtains in the windows, past figures of female superheroes on a cafe storefront, and you come to the unprepossessing headquarters of a US$2 trillion asset manager. On the fifth floor, an elegantly dressed woman leans forward to field questions.

Europe’s boutique firms stealing M&A market share

LONDON: Boutique advisory firms now receive nearly half of all mergers and acquisition (M&A) fees in Europe, stealing market share and top dealmakers from global investment banks hamstrung by a renewed focus on cost-cutting and regulations on how much they can pay.

Europe's boutique firms stealing M&A market share, dealmakers

LONDON: Boutique advisory firms now receive nearly half of all mergers and acquisition fees in Europe, stealing market share and top dealmakers from global investment banks hamstrung by a renewed focus on cost-cutting and regulations on how much they can pay.

Nestle poaches CEO from Fresenius in health and wellness drive

ZURICH: Swiss food giant Nestle SA named Ulf Mark Schneider as its next chief executive on Monday, underlining its shift towards health and wellness by poaching the boss of German healthcare group Fresenius.

Bellew a technical guy with hands-on approach

THE restructuring of Malaysia Airlines by Khazanah Nasional Bhd in 2014 saw not only the poaching of Christoph Mueller, but also Peter Bellew as a key person tasked to overhaul the entrenched culture of the “technically bankrupt” airline.

Singapore’s OCBC to buy Barclays Asia wealth business for US$320mil

SINGAPORE: Barclays has agreed to sell its wealth and investment management business in Hong Kong and Singapore to Oversea-Chinese Banking Corp (OCBC), as the British lender continues its drive to reduce risk and simplify.

‘Agency of the Year’ quits 4As

Dentsu Utama takes step after 4As withdraws Kancil awards on plagiarism claims

Having turtle recall, Ismail says no

ALL over the world, sea turtles are considered an endangered species.