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Sunseeker will be in market-leading position after Covid-19

SUNSEEKER International says it should be in a “market-leading position” when the pandemic ends after pushing ahead with production of new models. In its annual report, the luxury boat builder said its Chinese owner was backing the business’s plans for “significant growth”. The major Poole employer – which announced 460 redundancies last year – has five models launching in the first quarter of this year, with more set for 2022. Production of Sunseeker boats was “substantially shut down” for three months from the end of March last year, the company’s annual report has said. Chief executive Andrea Frabetti wrote: “Only minimal production work was possible in this period, limited to the completion of those boats that were close to dispatch at the point when the UK lockdown commenced.”

United kingdomAndrea frabettiSunseeker international holdingDalian wandaInternational holdingDaily echoஒன்றுபட்டது கிஂக்டம்டேலியன் வாஂடசர்வதேச வைத்திருத்தல்தினசரி எதிரொலி

HNA was once China s biggest dealmaker Now it faces bankruptcy

HNA was once Chinaâs biggest dealmaker. Now it faces bankruptcy Weâre sorry, this service is currently unavailable. Please try again later. Dismiss By Alexandra Stevenson Save Normal text size Advertisement Its lenders are pushing for bankruptcy. Its chair and co-founder has been quietly stripped of power. Nearly $US10 billion ($13 billion) of its money has been embezzled. HNA Group, the vast Chinese conglomerate that threw tens of billions of dollars at trophy businesses around the world, is nearing the biggest corporate collapse in recent Chinese history. Its dismantling is an extraordinary turn of events for the company that began as a regional airline in Chinaâs southern province of Hainan and grew to own large stakes in Hilton Hotels, Deutsche Bank, Virgin Australia and others. At its height, HNA employed 400,000 people around the world.

New yorkUnited statesChen fengPeter braigWu xiaohuiMichelle luoChina development bankPeople liberation armyAnt groupAnbang insurance groupFosun internationalNew york timesChina securities regulatory commissionSouth china morning postHainan airlinesAli baba group

Chinese Conglomerate HNA Group Slumps Into Bankruptcy

Chinese Conglomerate HNA Group Slumps Into Bankruptcy The parent of Hainan Airlines is looking to restructure its debts and shed non-core subsidiaries after coming under government control. One of China s most aggressive buyers of overseas businesses says it is bankrupt, and will seek reorganizing. Shares of affiliates of the HNA Group have slumped on Monday as a result. HNA, the parent of the Chinese carrier Hainan Airlines, says it has received a formal notice from Hainan High People s Court, in which a creditor has filed for the reorganization of the company because it cannot pay off its debts. The subsidiaries Hainan Airlines, HNA Infrastructure and CCOOP also said on Saturday that US$9.6 billion has been embezzled by shareholders and other related parties, according to Reuters. The companies gave no further details, but the announcement sets up the prospect of criminal retribution against the former owners and managers of the companies. It s common practice in China

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La cadena de cines AMC se salva de la bancarrota gracias al conflicto de GameStop

La cadena de cines AMC se salva de la bancarrota gracias al conflicto de GameStop
20minutos.es - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 20minutos.es Daily Mail and Mail on Sunday newspapers.

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Two Lehigh Valley movie theaters saved as AMC skirts bankruptcy by raising $917 million

Two Lehigh Valley movie theaters saved as AMC skirts bankruptcy by raising $917 million
mcall.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mcall.com Daily Mail and Mail on Sunday newspapers.

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