British Government Sells More of Its Stake in Lloyds Banking Group
LONDON — The British government has further reduced its stake in Lloyds Banking Group, the British bank said on Monday. In December, the government announced that it would engage in…
Tag: stake
Mormon church excommunicates popular podcaster
Dehlin is the second Mormon to be excommunicated in the past year, following Kate Kelly, who was kicked out last June for pushing the church to admit women to its…
Portugal Approves Citizenship Plan For Sephardic Jews
Five centuries after burning thousands of Jews at the stake, forcing them to convert to Christianity or expelling them, Portugal is granting citizenship rights to their descendants as part of…
Qatar Airways Acquires 9.99% Stake in British Airways Parent
PARIS — Qatar Airways said on Friday that it had acquired a 9.99 percent stake in the International Airlines Group, the parent company of British Airways and Iberia of Spain,…
After Alibaba Spinoff, Yahoo May Become a Takeover Target
Its $39 billion stake in the Alibaba Group, the Chinese e-commerce behemoth — accounting for about 85 percent of the market value of Yahoo — has obscured both the weakness…
Yahoo to Spin Off Its Stake in Alibaba
Marissa Mayer, Yahoo’s chief executive, unveiled a plan to spin off Yahoo’s 15 percent stake in the Chinese e-commerce giant into a separate company in order to avoid a large…
Yahoo To Avoid Billions In Taxes By Spinning Off Alibaba Stake
Yahoo CEO Marissa Mayer is spinning off the company’s prized stake in China’s Alibaba Group Holding in a move that will let Yahoo avoid paying billions in future taxes. A…
Yahoo Could Sell Its Alibaba Shares Without a Big Tax Bill
So what might she offer? Here are a few possibilities: The single biggest goal — one vigorously reinforced by antsy shareholders like the activist hedge fund Starboard Value — is…
Sarah Palin’s Bizarre Iowa Speech Gets Thanks — From The Democrats
Shortly after declaring that she’s “seriously interested” in running for president in 2016, Sarah Palin delivered a confusing speech that was panned by many, even some on the right. Speaking…