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October 21, 2016

A.G. Sulzberger appointed deputy publisher of New York Times, A.G. Sulzberger appointed deputy publisher of New York Times, and Vivendi lawsuit dialled up to 11

A.G. Sulzberger appointed deputy publisher of New York Times

Fifth-generation Arthur Gregg “A.G.” Sulzberger has been appointed deputy publisher of the New York Times, setting him up to one day succeed his father, Arthur Sulzberger Jr.

The 36-year-old next-generation executive takes on the role amid a difficult time for the publication: readers and advertisers are slowly shifting to online, while publishers are shifting their resources within the newsroom.

July 10, 2015

China’s Country Garden Holdings to spin off property division; Vincent Bolloré causes uproar with leaked memos; and Heineken returns to Myanmar after twenty-year absence

China’s Country Garden Holdings to spin off property division

Chinese real estate conglomerate Country Garden Holdings, owned by the country’s second richest woman Yang Huiyan, is planning to spin off its property management business in order to raise capital.

The Foshan-based company is shoring up its balance sheets after a pickup in property sales and will sell 6 billion yuan ($966 million) of onshore three-year bonds as part of the capital raise, chief financial officer Wu Jianbin told Bloomberg.

April 10, 2015

Hyundai Motor vows to improve corporate governance; Bollore boosts stake in Vivendi; and James Dyson to acquire son’s lighting company

Hyundai Motor vows to improve corporate governance

South Korea’s largest automaker Hyundai Motor Co will consider a shareholder request to improve corporate governance, according to co-chief executive Kim Choong Ho.

The proposal comes shortly after Hyundai paid more than $10 billion for a piece of real estate in Seoul’s affluent Gangnam district, which caused share prices to drop and rekindled the debate around opaque decision making.

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