‘That’s the way they do business’: inside Hyundai heir’s fight against activist investor – The Sydney Morning Herald

Hyundai Mobis shares rose 2.4 per cent, the most more since April 4, to close at 237,000 won in Seoul, while the benchmark Kospi index rose 0.6 per cent. Chung said he wasn’t fazed by Elliott. “That’s the way they do business,” Chung said. “We will listen carefully and if there are proposals that bring…

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‘That’s the way they do business’: inside Hyundai heir’s fight against activist investor – The Canberra Times

Hyundai Mobis shares rose 2.4 per cent, the most more since April 4, to close at 237,000 won in Seoul, while the benchmark Kospi index rose 0.6 per cent. Chung said he wasn’t fazed by Elliott. “That’s the way they do business,” Chung said. “We will listen carefully and if there are proposals that bring…

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Argentina’s Oil Combustibles declared bankrupt – Business News Americas

Troubled Argentine downstream firm Oil Combustibles has been declared bankrupt, but will continue operations for 30 days while YPF, Trafigura and … Subscriber-Only Content BNamericas develops thousands of news articles, analyses and features every month, always concentrating on how to make or save money in Latin American business. Unique ContentUp-to-the-minute and field-proven industry news in…

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A car insurer has gone bust leaving thousands of drivers without protection – Cambridge News

Drivers in their thousands have been left without insurance cover after insurance firm Alpha announced it had gone bust. The drivers insured with their UK brands, Cover My Cab and Protector, received a text message stating: “Your taxi insurance policy with Alpha Insurance is cancelled with immediate effect.” The text meant thousands of taxi drivers…

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Argentina’s Oil Combustibles declared bankrupt – Business News Americas

Troubled Argentine downstream firm Oil Combustibles has been declared bankrupt, but will continue operations for 30 days while YPF, Trafigura and … Subscriber-Only Content BNamericas develops thousands of news articles, analyses and features every month, always concentrating on how to make or save money in Latin American business. Unique ContentUp-to-the-minute and field-proven industry news in…

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Joueurs (Treat Me Like Fire) review high-stakes gambling tale holds all the aces – The Guardian

First-time feature director Marie Monge brings her terrific drama-thriller Joueurs to the Directors Fortnight section of Cannes. The English title she has attached to it is Treat Me Like Fire. Actually, I think the simple translation Players is better. Its an old-school lowlife adventure in the Paris underworld of gambling, co-written by Romain Compingt and…

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US activist fund Elliot to vote against Hyundai restructuring – Business Day

Seoul US activist fund Elliott Management said it will vote against Hyundai Motor Groups (Hyundai) restructuring plan and urged other shareholders to reject the proposal to reform South Koreas second-largest conglomerate. A Hyundai executive responded that the proposed arrangements to simplify the vehicle makers complex ownership structure would not change and promised higher returns for…

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