financializer news A weblog highlighting financial topics making news in the international media.

shares: The mine boasts one of the world's richest deposits of rare earths, crucial components of everything from iPhones to weapons systems. ; Hints this year by China that it could cut off rare earths exports to the United States as a trade war raged between the two countries sparked a U.S. scramble for new supplies and sent Lynas shares soaring, according to The Japan Times. As the only non-Chinese company thriving in the rare earths sector, Lynas shares have gained 53 percent this year. But the dispute has been a lucrative one for Lynas Corp., Mount Weld's Australian owner. The shares jumped 19 percent earlier this month on news that the company may submit a tender for a U.S. plan to build rare earths processing facilities in the United States. Some are essential in military equipment such as jet engines, missile guidance systems, satellites and lasers. China did us a favor' Rare earths are crucial for producing electric vehicles and are found in the magnets that run motors for wind turbines, as well as in computers and other consumer products. (news.financializer.com). As reported in the news.

dow jones: Traders have been buoyed by the pending phase-one trade deal between the U.S. and China, which announced Monday plans to open its oil, telecom and power markets wider to private competitors, according to Market Watch. On Tuesday, leaders from China, Japan and South Korea were meeting against the backdrop of increasing threats from North Korea's nuclear and missile programs. The Dow Jones Industrial Average DJIA, -0.13% and S&P 500 SPX, -0.02% closed at record highs for a third consecutive day, while the Nasdaq Composite COMP, 0.08% notched a record ninth-straight record close. The trilateral summit aims to smooth some regional frictions, and discuss furthering regional cooperation on the economy. Many global markets will be closed Wednesday for the Christmas holiday. Japan's Nikkei NIK, 0.60% was about flat and Hong Kong's Hang Seng Index HSI, -0.15% fell 0.2%. The Shanghai Composite SHCOMP, 0.85% advanced 0.3% while the Shenzhen Composite 399106, 0.72% rose 0.7%. South Korea's Kospi 180721, 0.36% fell 0.5%, while stocks inched up in Singapore STI, -0.04% but fell slightly in Taiwan Y9999, -0.06% . Australia's S&P/ASX 200 XJO, 0.13% rose 0.2%. Markets in Australia and Hong Kong were set to close early for Christmas Eve. (news.financializer.com). As reported in the news.

security strategy: But with the publication of the National Security Strategy by the Trump administration last year, the emphasis has now shifted toward a return to great power conflict, targeting by name Russia and China, labeling them as rivals and revisionist powers, and gearing defense spending in keeping with this shift, according to Global Times China. Since the declaration of this policy, the attempt to paint China as a major opponent to the US has become something of a whole-of-government affair. Particularly since the September 11 attacks, the US military has spent much blood and treasure in an attempt to develop plans to deal with this threat, with some success and some failures, as mentioned in recent articles in the Washington Post documenting the failure of US efforts in Afghanistan. It is highly ironic that this occurs at a time when you have an elected president, whose explicit goal had been to create a working - and friendly - relationship with both China and Russia. Others in the administration - and outside of it - intend to maintain a permanent stance of rivalry toward China, and to box in the president from ever changing that policy. But US President Donald Trump' s unfortunate focus on trade as the key to reviving the American economy has unfortunately contributed to this as well. (news.financializer.com). As reported in the news.

temp code: It said once it was made aware of the arrangement, it ended its relationship with the company, according to The Independent. Download the new Indpendent Premium app Sharing the full story, not just the headlines Download now We didn't know about this and we never would have allowed it if we had, Bloomberg spokesperson Julie Wood told The Intercept, which was the first to report the news. The former New York mayor, who is among those seeking the Democratic Party's nomination to challenge for the presidency in 2020, said his campaign was unaware the calls being made by a company contracted by the 77-year, were being carried out by prison inmates. THIS IS TEMP CODE TO RESOLVE TEADS ISSUES ON SAFARAI - ISSUE-387 - START THIS WAS ORIGINALLY IN THE FOOTER EJS FILE THIS IS TEMP CODE TO RESOLVE TEADS ISSUES ON SAFARAI - ISSUE-387 - END We don't believe in this practice and we've now ended our relationship with the subcontractor in question. The Democrat challengers to Trump in 2020Show all 24 Created with Sketch. Created with Sketch. (news.financializer.com). As reported in the news.

trade war: As the two largest innovation sources in the world, China and the US must try every means to avoid confrontation or isolation in this field, according to Global Times China. Decoupling in the high-tech sector could be more dangerous than the trade war. To maintain the good momentum, it's imperative for the two countries to be wary of the potential hazards of decoupling in the high-tech sector. Today, innovation has become a strong engine for more and more economies. But it also means transformation and sharing. Innovation generates new technologies and business models that boost new growth. (news.financializer.com). As reported in the news.

decision: The site's board of management with a majority of Indigenous traditional owners - decided in 2017 to close Uluru to climbers, according to Nine News Australia. At the time, the decision attracted little fanfare. To improve your experience update it here News National How the Uluru climbing ban split the nation By 9News Staff2 28pm Dec 24, 2019Tweet Facebook Mail The last climbers to scale Uluru stepped off the sacred rock at 7pm local time on October 26, bringing an end to almost 90 years of tourism amid a culture war. But as the closing date drew closer, many far-right and conservative figures, One Nation leader Senator Pauline Hanson among them, led an outcry against the closure. Climbers flocked to Uluru as the closing date loomed. Hanson joined thousands of people who raced to climb the monolith in the last days. (news.financializer.com). As reported in the news.

sign: Email Sign UpBy signing up you agree to receive email newsletters or alerts from POLITICO. You can unsubscribe at any time, according to MSNBC. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Sign up for POLITICO Playbook today. Facebook Twitter Email Print POLITICO Playbook The two profiles everyone's talking about By ANNA PALMER and JAKE SHERMAN 12/24/2019 09 09 AM ESTPresented by I have no business interests in Ukraine, Rudy Giuliani told New York magazine. Saul Martinez/Getty Images DRIVING THE DAYTWO TERRIFIC PROFILES EVERYONE IS TALKING ABOUT -- N.Y. MAG'S OLIVIA NUZZI on A Conversation With Rudy Giuliani Over Bloody Marys at the Mark Hotel Over a sweater, he wore a navy-blue suit, the fly of the pants unzipped. Then he said I've done two business deals in Ukraine. (news.financializer.com). As reported in the news.

funding round: Will Dean, who set up Tough Mudder in 2010, has raised 9m in a funding round led by Project A and Index Ventures, according to The Guardian. Sweet Capital, the venture capital fund launched by the founder of Candy Crush, and Jam Jar Investments, the Innocent Drinks founders' fund, have also backed the project. Electronic Theatre, in which up to six people play digital games by jumping around in a room kitted out with hi-tech equipment including touch-sensitive walls and motion-tracking headsets, is to open up to nine outlets next year in the UK and at least one in the US. The ambition is to open 1,000 units globally in the next five years. Electronic Theatre is the latest venture to join a fast-growing competitive socialising sector. The trend is being fuelled by shopping centres and property developers who want new ideas that can pull in young people or families and fill empty units where hard-pressed retailers are moving out. Indoor crazy golf, escape rooms, bingo, darts, ping pong, shuffleboard and even axe throwing venues have been rapidly springing up across the country in response to demand for Instagrammable fun. (news.financializer.com). As reported in the news.

government offices: China tells government offices to remove all foreign computer equipment 3 hours Formula One comes to Wind Turbines 1 day Senate Impeachment Trial After opening statements Trump will file Motion to Dismiss, according to MSNBC. Debate 2 days. Cushing 2 2 days51.25 0.50 0.99%ANS West Coast 104 days67.48-0.49-0.72%West Texas Sour 2 Ford 2 Ford 2 Sweet 2 Common 3 Vista 3 Here for 150 Global Oil Prices Click Here for 150 Global Oil Prices Click Here for 150 Global Oil Prices 1D1M3M1YAll 2 days Brazil Breaks Key Oil Production Milestone 3 days Why UAE Oil Prices Are Falling 3 days This Country Just Produced Oil For The Very First Time 3 days Two Majors Join Forces In The Next Great Oil Frontier 5 days Oil Freight Rates From US Gulf Coast Hit New Record As Demand Booms 5 days Brazil's Senate Opposes Proposed Eletrobras Privatization 6 days Sweden Looks To Ban Sale Of Fossil Fuel-Powered Cars By 2030 6 days Canadian Refiner Abandons Climate Goals To Stay Competitive 6 days Russia And Ukraine Finally Agree On New Gas Transit Deal 6 days Shell Braces For A 2.3 Billion Impairment Charge In Q4 6 days Electric Race Cars May Never Match F1 Performance 6 days Israel's Massive Gas Field To Start Producing On December 23 7 days Aramco's Opening Rally Comes To An End 7 days BP's New CEO Won't Sit On Rosneft's Board 7 days Why Freedom Gas Was Voted The Worst Phrase Of The Year 7 days Chevron Strike Could Slash Nigeria Oil Production By 350,000 Bpd 7 days Why Oil Majors May Never Return To Canada's Arctic 7 days Norway Names Controversial Climate Change Skeptic As New Oil Minister 8 days Revealed The Chemical That Caused Russia's Oil Contamination Crisis 8 days Will 2020 Be A Turning Point For Canadian Oil 8 days US Admits Sanctions Can't Stop Russia-led Nord Stream 2 Pipeline 8 days Oil Prices Fall As API Reports A Surprise Crude Build 9 days JP Morgan Raises 2020 Oil Price Outlook 9 days Oil Shortage Makes Syria Consider Public Transport On Nat Gas 9 days Federal Regulator New York Can't Rule On Gas Pipeline 9 days Asia Keeps Global Coal Demand Stable Until 2024 9 days Why Brazil's Oil Major Is Rapidly Paying Off Its Chinese Debt 9 days China And The Philippines Finally Agree To Cooperate In The South China Sea 9 days Brace For A Slowdown In These Key Shale Basins 9 days Ontario's EV Sales Plunge After Incentives Were Scrapped 9 days Turkey Sends Military Drone To N. Cyprus Amid Gas Exploration Dispute 10 days BP Makes Large Gas Discovery Offshore West Africa 10 days Goldman Sachs Stops Financing New Arctic Oil 10 days This Small Oil Nation Sees Big Investments In 2020 10 days Indigenous Groups Deliver Legal Blow To Trans Mountain 10 days Iran Hits South Korea With 6 Billion Bill For Delivered Crude 13 days Tesla Confident In Sales Despite End Of U.S. Tax Credits 13 days Equinor Drops Oil Terminal Plan For Johan Castberg Arctic Field 13 days B.C. Drivers Cross Border To Fill Up Tanks More Cheaply 13 days The EU Agrees To Cut Emissions To Net Zero By 2050 3 minutes Thanks to Trump, the Iranian Mullahs Are Going Bankrupt 8 minutes Nord Stream 2 Offshore Natural Gas Pipeline Project Infographics 12 minutes Shale Oil Fiasco 13 hours Tech cold war is a fact. Senate votes, Motion to Dismiss passes 7 hours Remember Only the Poor Can Reach the Kingdom of God 1 day Wexit Separatism Gains Popularity in Canada's Oil-Rich Western Provinces 2 hours Pelosi Delays Impeachment Trial Ploy to keep Impeachment in Headlines . . and Away from IG Horowitz report or Barr/Durham coming investigation and indictments. Pelosi WINS ! 2 hours Biden Says He's Willing To Sacrifice Hundreds Of Thousands Of Blue-Collar Jobs In Oil And Gas 1 day What shale companies will survive the blood 3 days If You Want Renewable Energy' - Get Ready to Dig 18 hours Tesla Will Disappear' Or Lose 80%' Of Its Value 3 days How much cheaper is Russian natural gas for Germany than LNG from the United States with the Nord Stream 2 pipeline 3 days Tesla Launches Faster Third Generation Supercharger 3 days Climate Migrants Home Energy Energy-General Charles Kennedy Charles is a writer for Oilprice More Info Important Disclaimer Your license and viewing of our content is subject to the disclosures contained after this Linkedin RedditSPONSORED ARTICLEThe Media Legend Revolutionizing The Entertainment Business By Charles Kennedy - Dec 23, 2019, 6 30 PM CST context http //schema.org type News Article url date Published date Modified date Created word Count 3097 in Language en-US name The Media Legend Revolutionizing The Entertainment Business description One of the biggest names in media has just set up an industry mega-deal to cover what he considers to be the next major shift in the entertainment industry article Body He's a media legend known for mega deals. It's working. (news.financializer.com). As reported in the news.

society: His twin mantras were that finance should be the servant not the master of economy and society, according to The Guardian. And that good government is an indispensable component of a good society, in particular keeping the temptations of clever-clever finance at bay. That could be indulging inflation as the financial outcome of governments and society living beyond their means, or investment banks deluding themselves they had uncovered the alchemy of risk-free lending through the issuance of ever more complex financial derivatives. Sound money and good government went hand in hand. Standing over 6ft 7in, and a lover of over-sized cigars and fly-fishing, he represented the best of New England liberalism genial, good humoured and steely. He practised what he preached, seizing the opportunity to embody his beliefs when the moment arrived. (news.financializer.com). As reported in the news.

african: People are suffering particularly in their ability to access justice, security, land, clean water, education, healthcare, housing and economic opportunity, said Ahmed Reid, Working Group Chair, in a statement he presented, according to The Independent. Ecuador must step up efforts to enforce the law & end racial discrimination against Afro-Ecuadorians & people of African Descent UN experts. After visiting the country, the independent UN human rights experts concluded that the Government must step up efforts to enforce the law and implement plans to end racial discrimination suffered by Afro-Ecuadorians and people of African descent. Highlight on the province of Esmeraldas, where nearly 70% of the population has African heritage. https //t.co/c6311Prpc7 UN Special Procedures UN SPExperts December 23, 2019 He pointed out that although only 7.2 percent of the population are Afro-Ecuadorians, they constitute 40 per cent of those living in poverty. Esmeraldas is one of the poorest provinces in Ecuador said Mr. Esmeraldas The Working Group drew particular attention to the province of Esmeraldas, where nearly 70 per cent of the population is of African heritage. (news.financializer.com). As reported in the news.

areas i: Both of course, have their advantages and disadvantages and there is much to be debated about this, according to Global Times China. Nevertheless, in some areas I have witnessed how China's successes are now eclipsing that of the UK's and leaving my home country behind, most predominantly in the realm of infrastructure development and state-led investment. Photo Xinhua/Xing Guangli As a Briton having lived in China and as a frequent visitor to the country, I am constantly exposed to two very different political and economic systems. The investment policies of the Chinese government have led to overwhelming achievements, including but not limited to an extensive high-speed rail network, state of the art airports, leading urban transit systems, impressive urban development and so on, all of which Britain's neo-liberal, laissez-faire market order which commenced in the 1980s, have failed to muster, despite being a much smaller, advantaged and wealthier country with overwhelming historical advantages. The government of late prime minister Margaret Thatcher aggressively introduced this policy by ending state subsidy for industry, deregulating financial markets and privatizing national infrastructure which permitted total commercial procurement over the country's energy, telecommunications and key transport provisions including railways and bus services. What are the baseline differences between the British and Chinese government attitude toward economic development Since the 1980s, British economic policy has been dominated by a paradigm that believes an unfettered private market, without government intervention, is the recipe to all economic success including in core national infrastructure. (news.financializer.com). As reported in the news.

community life: It is not surprising that this nationalism would find a new home in a rapidly industrializing Japan in the late 19th and early 20th centuries, according to The Japan Times. Folklorists and scholars like Lafcadio Hearn and Kunio Yanagita helped popularize the idea of an authentic Japanese culture grounded in its regional communities, folklores and customs. As industrialization upended community life and social relations, the romantics popularized the ideal that the true, authentic character of a people as a nation lay in the old, endangered ways of life in its regional communities. ; Yet it fell to cosmopolitan scholars and antiquarians to do what inarticulate rustics could not do curate and repackage their folk customs and lores, marketing them to readers eager to participate as consumers in this authentic, nostalgic ideal of nationhood. Still, there has always been a certain political ambivalence in this ideal of nostalgic national belonging. It can also be manifested harmlessly in a cultural nationalism that creates a refuge from the deracinating effects of globalization and individualization, through the preservation and promotion of regional lifestyles, cultures and cuisines. In the wrong hands it can be co-opted into ideologies of nationhood that are anti-liberal, racist and militarist and that is what eventually happened in Germany and Japan in the 1930s. (news.financializer.com). As reported in the news.

growth rates: Moreover, Chinese internet companies have been particularly keen on Indian start-ups, according to Global Times China. A recent report from Mumbai-based investment firm Iron Pillar showed that two of China's internet giants, Alibaba and Tencent, have taken stakes in almost half of the 31 Indian unicorns so far. As of December 11, Chinese investment in India reached 8 billion, compared with less than 200 million a decade ago, according to Bengaluru-based tracker Tracxn. China is the world's largest mobile payment market, while the number of India's internet users is surging. On the surface, their ambitions are totally justified given the similarities between the two countries, like high growth rates and large populations. The development lag between the two neighbors in terms of internet commercialization means that Chinese technology companies are eager to bring their successful experience to India. (news.financializer.com). As reported in the news.

half hour: The park, spread over tens of square kilometers, was invested by a man surnamed Zhang from Dongguan, South China's Guangdong Province, whose company is one of the largest manufacturers of women's brand shoe in the world, according to Global Times China. More than 3,000 African female workers are working on the production line of women's shoes in the industrial park. Photo Xinhua/Michael Tewelde Driving over half an hour from the Bole International Airport and several kilometers on the bumpy muddy roads, I finally arrived at an industrial park on the outskirts of Addis Ababa, capital of Ethiopia. One of them told me with excitement that it's a glory for her to work in a Chinese company. But he told me in the headquarters in Dongguan prior to my African trip that because of the high labor cost in China, which is five to seven times Africa's, he was forced to relocate most production bases to the Africa a few years ago. Zhang was not in the industrial park when I visited. (news.financializer.com). As reported in the news.

p spx: Yes, that really is a form of quantitative easing QE no matter how they spin it, according to Market Watch. Instead of dire headlines on the trade war, now there's a phase one trade deal with China, where new tariffs are cancelled, and some old ones are cut . Instead of diving in an unseasonal manner, as U.S. stocks did in December 2018 where at one point in the month the market was on track to deliver the worst December performance since 1931 the S&P 500 SPX, -0.02% now is hitting all-time highs. Instead of overtightening, as it did back then, the Federal Reserve is accelerating the growth of its balance sheet. Looking back a year ago, my prediction for U.S. stocks in 2019, coming when the market was at its worst, worked out quite well see No bear market for stocks in 2019 because economy, earnings will keep expanding . At that time, I was trying to filter out the senseless panic in the air on December 26, 2018 the day of the 2018 intraday S&P 500 low 2,346.58 . It's that time of the year again, so here's my 2020 forecast emerging markets get more attractive; U.S. stocks go higher, the economy strengthens and President Donald Trump is re-elected. The same way quantitative tightening hurt the U.S. market in 2018, the opposite nowadays boosts stocks and the economy. Here's a big reason why If the Fed goes through with its pledge to buy 60 billion of Treasury bills through the second quarter of 2020, the Fed balance sheet will be at, or close to, an all-time high in 2020 see this chart . Quantitative easing is like printing money but for financial institutions only and this inflates the prices of both stocks and bonds. (news.financializer.com). As reported in the news.

adlib.site window: AdLib window, according to MSNBC. AdLib.env 'production'; window. AdLib var domain Env '.vice'; var ad LibScript ad LibScript.src script; ad LibScript.id 'ad-lib'; ad LibScript.onload if window. AdLib.template 'article'; window. AdLib.domain domain Env; window. AdLib.site 'vice'; window. (news.financializer.com). As reported in the news.

bt lifetime: In data comparing low-cost MySuper funds published on 10 December, the Australian Prudential Regulation Authority said both funds underperformed compared with a model investment portfolio it set up, according to The Guardian. Superannuation data reveals accounts being eaten away by high fees and poor returns Read more The BT Lifetime Super Employer Plan underperformed Apra's model portfolio by a whopping 1.1% a year over five years while BT Business Super delivered between 0.41% and 0.43% a year over the same period. The BT Lifetime Super Employer Plan and BT Business Super were two of 10 into which Westpac persuaded its customers to roll their superannuation as part of a marketing campaign that brought more than 646m in deposits into the bank between 2013 and 2016. BT Business Super also suffered from high fees that gobbled more than 2.1% a year for balances of less that 10,000 while BT Lifetime Super Employer fees ate a more modest, but still substantial 1.87% a year, the regulator said. Westpac has applied to the high court for leave to appeal the judgment, adding to what is shaping as a busy year ahead in the courtroom for the bank. In October, the full federal court found that Westpac broke the law during the telemarketing campaign because it provided personal advice to people about their finances without properly considering their individual positions. (news.financializer.com). As reported in the news.

calhoun: The management shake-up comes as the world's largest plane-maker struggles to win regulatory approvals for its grounded best-selling jetliner while trying to regain trust with passengers and airline customers, according to Nine News Australia. Chairman David Calhoun will take over as CEO and president effective January 13, the company said on Monday, adding that a change in leadership was necessary to restore confidence in the company. To improve your experience update it here News World Boeing CEO Dennis Muilenburg to step down immediately amid 737 Max crisis By AAP3 15am Dec 24, has fired chief executive officer Dennis Muilenburg following a year of intense scrutiny and industrial setbacks set off by twin fatal crashes of its 737 MAX jetliner. The company's shares rose nearly 4 per cent in early trading. AP The 737 MAX grounding was the biggest crisis of Muilenburg's 34-year tenure at Boeing, where he started as an intern in 1985, rising through the company's defence and services ranks to the top job in 2015. Boeing Company President and Chief Executive Officer Dennis Muilenburg. (news.financializer.com). As reported in the news.

premium app: Jeremy Corbyn has faced criticism for claiming Labour won the argument and writing only a generic letter of thanks to former MPs who lost their seats rather than apologising personally, according to The Independent. THIS IS TEMP CODE TO RESOLVE TEADS ISSUES ON SAFARAI - ISSUE-387 - START THIS WAS ORIGINALLY IN THE FOOTER EJS FILE THIS IS TEMP CODE TO RESOLVE TEADS ISSUES ON SAFARAI - ISSUE-387 - END Download the new Indpendent Premium app Sharing the full story, not just the headlines Download now Yet the commissioners behind the independent review said it was wrong to blame only Mr Corbyn or the position on Brexit for Labour's heaviest general election loss since 1935. The former Labour leader will be part of a commission made up of voices from different Labour traditions aimed at taking a meaningful look at why the party has lost four elections in a row. As well as Mr Miliband, who led the party to its 2015 defeat, former shadow education secretary Lucy Powell and Birmingham Ladywood MP Shabana Mahmood will spearhead the review on behalf of the Labour Together group. Who could replace Corbyn as Labour leader Show all 6 Created with Sketch. Created with Sketch. (news.financializer.com). As reported in the news.

research note: But there have been some headfakes along the way, and with stock markets at all-time highs, some investors still need convincing that a multiyear run-up in stocks has further to climb, according to Market Watch. See Good news the stock-bond ratio' just hit bottom. As the economic outlook deteriorated, then brightened again, it seemed like the right time to take chances on stocks considered undervalued. Here's how to use it to invest. The analysts also screened for companies that are reducing their debt, have market capitalizations between 750 million and 30 billion, and derive more than 20% of their sales from outside the U.S. The Jefferies analysts in a research note dated Friday come up with 13 names that fit those criteria. In what might be seen as an attempt to thread the needle, analysts at Jefferies produced a list of stocks that they describe as Value BUT growing that is, expected sales growth over 3% in 2020. (news.financializer.com). As reported in the news.

sec filing: State Street Global Advisors launched the first-ever exchange-traded fund, in 1993, according to Market Watch. And with a little-noted move this December, they may be pioneering yet another phase in the evolution of how investors allocate their money. But it should keep the fedora. The fund officially known as the S&P 500 ETF Trust SPY, 0.00% and colloquially referred to by its ticker, SPY, was the first and remains the king, says Todd Rosenbluth, head of ETF and mutual fund research at CFRA. SPY has 300 billion in assets and is known as one of the most liquid funds in the world, not least because it tracks one of investors' preferred benchmarks, the S&P 500 stock index. In a Dec. 18 SEC filing, the company said it would switch the index tracked by one of its smaller funds, the SPDR Portfolio Large-Cap ETF SPLG, -0.05% to the S&P 500 as well. SPX, -0.02% That makes State Street's recent move somewhat unusual. (news.financializer.com). As reported in the news.

takeover offer: The stock rose as much as 6.1 percent to 5,200 in Tokyo on Monday. ; Unizo has been caught in a rare battle among global investing behemoths since a travel agency operator launched a surprise tender offer in July, according to The Japan Times. Fortress Investment Group and a number of other investment firms joined the fray before Blackstone came in with an offer of 5,000 per share. Unizo backed a takeover offer made by its employees in partnership with Lone Star Group worth 174.4 billion 1.6 billion saying in a statement Sunday that the offer price of 5,100 per common share is above proposals made by other bidders. Unizo has withheld support for that offer as it became clear that management was getting cold feet about an outright sale. The fact that the stock is trading slightly through the terms is a reflection of investors' expectations. The Lone Star transaction now sets a deliverable benchmark for the stock and there remains the possibility that Blackstone or Fortress could return with a similar transaction structure at a higher price, said Justin Tang, head of Asian research at United First Partners, an investment and advisory group that specializes in special situations. (news.financializer.com). As reported in the news.

year-end deadline: Xi told Abe, I am willing to maintain close communication to raise Sino-Japanese ties to a new level, according to The Japan Times. Abe pledged to make Xi's state visit to Japan meaningful, the Japanese source added. On the first day of Abe's three-day visit to China, the Japanese and Chinese leaders also reaffirmed their cooperation in achieving North Korea's complete denuclearization, a Japanese government source said, with a year-end deadline set by Pyongyang for progress in denuclearization negotiations with the United States looming. ; On Xi's planned visit to Japan, Abe told the Chinese president at the outset of their meeting in Beijing, We want to build a relationship that is suitable for a new era for Japan and China. RELATED STORIESChina to cut tariffs on imports including pork, consumer and tech items from Jan. 1Leaders of China, Japan and South Korea gather with eye on threat from North Korea Japan and South Korea leaders vow to keep talking, but no progress made on wartime labor The prime minister also told Xi that Hong Kong, rocked by pro-democracy protests over the past several months, should continue to be free and open. The meeting between Abe and Xi, the first since June on the sidelines of the Group of 20 Osaka summit, was designed to lay the groundwork for Xi's state visit amid a recent thaw in bilateral ties. In a press briefing after the Xi-Abe meeting, Otaka Masato spokesman for the Japanese minister of foreign affairs said Abe urged China to continue its self-restraint over Hong Kong and expressed hope for an early resolution of the situation. (news.financializer.com). As reported in the news.

reviews: See All Channels Go to page Go to page Go to page Go to page Go to page Go to page Go to page Go to page Go to page Go to pageTV / Video in Hollywood, according to MSNBC. Exclusive interviews, reviews and insights. Speaks Out' ; !function f,b,e,v,n,t,s fbq 'init', '352527215457645' ; fbq 'track', 'Page View' ; Sign In Sign UpKnowledge ExchangeA B2B Solutions Marketplace, where you can search more than 15,000 original thought leadership commentaries, articles, white papers, podcasts and videos on all things media, marketing and advertising. See All Channels Go to page Go to page Go to page Go to page Go to page Go to page Go to page Go to page Go to page Go to page The Myers Report For three decades, TMR has been the leading resource for B2B Market Intelligence and forecasts on advertising, media and marketing. See All Channels Go to page Go to page Go to page Advancing Diversity Building an intersectional network of professionals, educators, non-profits to advance diversity in media, marketing and advertising. See All Channels Go to page Go to page Go to page Insider InSites Podcasts/Videos Meet the personalities leading media, advertising and marketing into the future, with in-depth exclusive interviews. (news.financializer.com). As reported in the news.

merseyside-based nichols: The 50% tax on the retail price of non-carbonated sugary drinks was brought in at the start of December, according to The Guardian. Norwegian sugar tax sends sweet-lovers over border to Sweden Read more Merseyside-based Nichols, which is also behind Levi Roots and Sunkist drinks, said it would not be able to determine how badly sales would be affected by the price increase until the end of the Ramadan trading period. The Middle East is an important market for Nichols because growing numbers of Muslims break their Ramadan fast with a glass of Vimto. However, it warned the impact could result in 2020 profits falling materially below current expectations . Shares in Nichols were down 11% on Monday afternoon, at 15.25. Nichols has a net cash balance sheet and generates operating margins in the high teens with returns on capital employed to match, so some investors may be persuaded to view this as a short-term blip, although the ongoing regulatory pushback against sweetened drinks is a trend that must clearly be followed carefully, he added. Russ Mould, an investment director at stockbroker AJ Bell said The suggestion that profits could be materially' below current forecasts implies, by a crude rule of thumb, a downgrade of perhaps some 20% from the 2020 consensus of a pre-tax profit of 34.2m, he said. (news.financializer.com). As reported in the news.