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Full commercial ownership, smart data, sustainability at forefront of UAE's business landscape - News

Full commercial ownership, smart data, sustainability at forefront of UAE’s business landscape
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Filed on March 3, 2021
The UAE enjoys an internationally recognised reputation as a business hub, with the government backing it up with world class infrastructure, free zones, ports, state-of-the-art airports, and cargo hub, amongst others.
Wam
Deepak Ahuja.
The ‘Changing Landscape of Business ownership in the UAE’ series aimed to simplify the various laws and regulations for business owners and entrepreneurs in Dubai.
The UAE’s business landscape is witnessing major shift, with main focus being on full commercial ownership, smart data and sustainability, a panel of experts highlighted recently in a business series hosted at the Capital Club Dubai. ....

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Shareholders Cannot Sue Corporate Officers for Forward-Looking Projections that Don't Pan Out, Ninth Circuit Affirms | Proskauer - Corporate Defense and Disputes

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It is illegal under the Securities Exchange Act to make false or misleading statements to the investing public about material facts. At the same time, corporations and their officers must be able to make statements about the company’s future plans, projections, and aspirations without fear of opening themselves up to claims of securities law liability should the company’s achievements fall short of its ambitions. The Private Securities Litigation Reform Act, therefore, has carved out a “safe harbor” for certain forward-looking statements, including forward-looking statements accompanied by meaningful cautionary language, and forward-looking statements made by someone who does not know the statement to be false or misleading. ....

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Ninth Circuit Private Securities Litigation Reform Act

Tuesday, February 16, 2021
It is illegal under the Securities Exchange Act to make false or misleading statements to the investing public about material facts. At the same time, corporations and their officers must be able to make statements about the company’s future plans, projections, and aspirations without fear of opening themselves up to claims of securities law liability should the company’s achievements fall short of its ambitions. The Private Securities Litigation Reform Act, therefore, has carved out a “safe harbor” for certain forward-looking statements, including forward-looking statements accompanied by meaningful cautionary language, and forward-looking statements made by someone who does not know the statement to be false or misleading. ....

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zachary kirkhorn: Elon Musk's shy 36-year-old finance chief, Zachary Kirkhorn, behind Tesla's remarkable turnaround

Tesla Inc. is widely expected to report its sixth consecutive quarterly profit Wednesday and potentially its first $1-billion quarter. That follows a remarkable year when Tesla’s stock split and skyrocketed, the company joined the S&P 500 Index and it sold almost half a million cars.
Two years ago, the world’s leading electric carmaker was going through a rough patch. Elon Musk, Tesla’s Chief Executive Officer, informed employees in a January 2019 open letter that the company had to reduce headcount by 7% and boost Model 3 production rates to survive. Later that month, the CEO told analysts Tesla needed to cut costs and its vehicle prices to avoid bankruptcy. ....

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The Shy Finance Chief Behind Tesla's Remarkable Turnaround

Tesla Inc. is widely expected to report its sixth consecutive quarterly profit Wednesday and potentially its first $1-billion quarter. That follows a remarkable year when Tesla's stock split and skyrocketed, the company joined the S&P 500 Index and it sold almost half a million cars. ....

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