Christies international plc

Kindly Share This Story: •3 blame regulators for delay Directors not companies should be penalized – Shareholders By Nkiruka Nnorom A total of 44 companies quoted on the Nigerian Stock Exchange, NSE, may face sanctions from the Exchange for failing the timeline in rendition of 2020 audited financial results. Periodic and timely rendition of financial results to the NSE, is one of the key elements in the post-listing requirements of the Exchange which attracts penalties. The companies, which include, Conoil Plc, Oando Plc, Wema Bank Plc, Okomu Oil Plc and Presco Plc among others, failed to meet the March 31, 2021 cut off date (the 90 day timeline required by the rule of the Exchange for quoted companies to file their audited full year result) and will now face financial sanctions as enshrined in the rules of the Exchange. READ ALSO Breaking: Bandits strike again, kidnap 15 traders in Katsina The affected companies represent 28 percent … [Read more...] about 44 companies to face NSE’s sanctions over default filing

internal combustion engine as they switch to electric but Formula One sees plenty of life in it yet as the sport races towards a zero-carbon future. Current grand prix cars use a highly efficient 1.6 litre V6 turbo hybrid power unit, a far cry from the gas-guzzling V12 and V10 monsters of old, and a new "powerful and emotive" one is due in 2025 to run 100% on sustainable fuels. The sport hopes to set the specification by June this year. "While many people might think the internal combustion engine is dead, I would argue it is far from dead," chief technical officer Pat Symonds told a recent Motorsport Industry Association (MIA) conference on energy-efficient motorsport. "Sustainable fuels is our big push in Formula One and it’s something I think we’ll have to roll down into other formulas (too)." The first samples of 100% sustainable fuel, from second generation bio-waste, were delivered to F1 's power unit suppliers -- Mercedes , Ferrari and Renault in 2022 with … [Read more...] about Formula One sees life yet in the internal combustion engine

Ford Motor Company recently announced that PK Umashankar (‘Uma’) has been appointed Director, Ford Customer Service Division, International Markets Group (IMG), effective April 1. In this regional role, Umashankar will have overall responsibility for Ford’s customer service and after-sales initiatives across the diverse and geographically widespread markets that comprise the company’s IMG region. He will relocate to Bangkok, Thailand and report directly to Dianne Craig, president, International Markets Group. “Uma has been instrumental in leading our business in the Philippines amid a very challenging time. Under his leadership, customers’ choices in the Ford showroom expanded with the successful launches of the Everest Sport, F-150, and all-new Ford Territory in 2020. His hands-on approach also allowed customers to enjoy improved parts availability and enhanced ownership experience supported by our dealer partners,” said Yukontorn ‘Vickie’ Wisadkosin, president, Ford ASEAN. … [Read more...] about Umashankar to lead Ford’s International Markets Group

Director of the city’s Investment Promotion Agency (IPA), Huynh Thi Lien Phuong said the MoU, which was signed late last month, aimed to build a trading center, casino, high-end entertainment and luxury apartments in the coastal area. She said the project would be built on an area of 84,000.sq.m on the beach-front on Vo Nguyen Giap and Vo Van Kiet streets in the Son Tra peninsula. Phuong said Da Nang authorities would auction land-use rights for the finance-trade-casino complex in the future. She said the city was drawing up a detailed plan for the first international duty-free zone and smart urban area for investors. Last year, five key investors – the Import-Export Pan Pacific Group (IPPG), T&T Group, New Techco Company from Vietnam, and Sakae Holding and another company from Singapore – registered for a land-use rights auction for a USD 2 billion finance-trade-casino complex in the central city. Jonathan Hanh Nguyen, who is chairman of IPPG Group, urged the city to … [Read more...] about Da Nang to develop an international finance center

SCREENGRAB from Netflix NEW YORK — The success of the French crime series “Lupin” on Netflix, riding on the heels of hit Spanish show “Money Heist,” may hint at a waning of US dominance on the small screen as ambitious European, Latin American and South Korean players kick down the doors on streaming platforms. “Ten years ago, 90 percent of creativity was in the United States,” said Pascal Breton, founder and head of the Federation Entertainment production company. “There were some good little local creatives, but it didn’t travel.” But the increase in internet speed, the rise of on-demand television and the example given by American pay channels, led by HBO, have pushed their counterparts abroad to bet on TV shows, having mainly relied on cinema and sport in the past. “Spiral,” (originally “Engrenages”), “Carlos”, or “Braquo,” all produced for Canal+, highlighted a growing global appetite for non-anglophone TV productions and series. They were followed by shows from public … [Read more...] about Netflix’s ‘Lupin’ marks rise of international TV content