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Business 11 Oct 2012 | 12:00 AM

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.

Business 14 Oct 2013 | 12:00 AM

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.

Business 04 Aug 2014 | 8:57 AM

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.

Economy 10 Dec 2018 | 10:36 PM

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.

Business 12 Sep 2011 | 12:00 AM

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

Economy 27 Jun 2016 | 2:37 AM

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.

Economy 25 Mar 2019 | 11:05 PM

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.

Business 16 Feb 2019 | 12:00 AM

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%.

Banking 25 Jun 2016 | 1:14 PM

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.