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Family Business

Purdue Pharma expected to file for bankruptcy as settlement talks stall, family-owned Geely takes stake in German flying taxi start-up and Oracle’s Larry Ellison steps in to save daughter’s film production company

Purdue Pharma expected to file for bankruptcy as settlement talks stall, family-owned Geely takes stake in German flying taxi start-up and Oracle’s Larry Ellison steps in to save daughter’s film production company.

Technology is constantly evolving, and family businesses eager to differentiate themselves from the competition must be aware of future technology trends—artificial intelligence, 5G and blockchain—that are already changing the way we run business.

Family businesses play a significant role in the global economy, and a number of business empires are family-owned. And just like any company today experiencing a tech-driven change, family-run enterprises aren’t an exception. To remain competitive, however, these firms should have a clear sense of what they want to accomplish and adjust accordingly. 

Third-generation family business Pernod Ricard has countered criticisms over its shareholder returns and governance from its activist investor with a rise in turnover, a €1 billion share buyback scheme, non-family board appointments and investments in China and the United States.

Third-generation family business Pernod Ricard has countered criticisms over its shareholder returns and governance from its activist investor with a rise in turnover, a €1 billion share buyback scheme, non-family board appointments and investments in China and the United States.

Business families of wealth are postponing their investments, considering moving their assets overseas and may even review their residencies as Britain’s turbulent exit from the European Union looms.

Business families of wealth are postponing their investments, considering moving their assets overseas and may even review their residencies as Britain’s turbulent exit from the European Union looms.

Tetra Pak billionaire Hans Rausing dies age 93, Billionaire Uniqlo founder wants to be succeeded by a woman and Marvel superheroes rescue Lego sales

Tetra Pak billionaire Hans Rausing dies age 93, Billionaire Uniqlo founder wants to be succeeded by a woman and Marvel superheroes rescue Lego sales.

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