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Bakrie family propose divorce from Bumi Plc
LONDON: Indonesia's powerful Bakrie family have proposed a divorce with London coal miner Bumi Plc, the group they co-founded with financier Nat Rothschild, offering to take back the Indonesian assets they brought in less than two years ago.
Walmart divorce highlights pitfalls of business in India
NEW DELHI: The divorce between US giant Walmart and its Indian partner, the latest in a string of foreign corporate alliances to founder, will have a further “chill effect” on vitally needed foreign investment, analysts say.
Oklahoma divorce case of oil billionaire could end in biggest settlement ever
NEW YORK For years, Continental Resources, the largest oil driller in the booming Bakken Shale formation, touted the hard work of its CEO and founder, Oklahoma billionaire Harold Hamm, as "a driving force" behind the company’s success.
Brexit in turmoil as May pulls vote to seek changes to EU divorce
LONDON: British Prime Minister Theresa May on Monday postponed a parliamentary vote on her Brexit deal to seek more concessions but the European Union refused to renegotiate and lawmakers doubted her chances of winning big changes.
Suzuki seeks divorce from Volkswagen over Fiat spat
TOKYO, Sept 12 (Reuters) Suzuki Motor is seeking to end its two-year-old alliance with Volkswagen after the German carmaker accused it of violating their partnership pact by agreeing a diesel engine deal with Italy's Fiat
Tycoon’s wife lays claim to US$1.2bil in divorce suit
SINGAPORE: A new billionaire woman could emerge from what may turn out to be one of Asia’s biggest divorce settlements.
To Brexit or Regrexit? A dis-United Kingdom ponders turmoil of EU divorce
After Britain's historic vote to leave the European Union, there is no indication that a so-called Brexit will happen soon. It maybe never will.
British lawmakers vote to seize control of Brexit for a day
LONDON: British lawmakers voted on Monday to wrest control of Brexit from Prime Minister Theresa May for a day in a bid to find a way through the European Union divorce impasse that a majority in parliament could support.
Embrace diversity or accept divorce
TWO major divorces are in the making in March. The obvious one is Brexit, which officially occurs on March 29. The other is the deadline for the US-China trade negotiations on March 1, when US tariffs on US$200bil worth of Chinese imports will increase from 10% to 25%.
Britain's Vote Leave says no need to swiftly begin formal EU divorce negotiations
LONDON: Britain should begin informal negotiations on a full settlement governing its post-exit relationship with the European Union before invoking Article 50 of the Lisbon Treaty, the chief executive of the Vote Leave campaign said on Saturday.
