woe

Cineworld Fresh Woe As Jangho Group Cuts Stake, Polaris Cuts Ties – Deadline

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Cineworld, the world’s second largest cinema chain, faces fresh uncertainty after its second largest shareholder cut its stake, causing shares to fall in value for a second day. Stock closed 31.4% down after a stock exchange filing revealed that the Chinese Jangho Group – which began building its stake only two years ago – had … Read more

Indian mining tycoon’s tale of woe in South America’s ‘Switzerland’

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Uruguay sells itself to investors as the Switzerland of Latin America. Many business people hail it as a beacon of sound government in a region beset by corruption and turmoil. Indian mining tycoon Pramod Agarwal describes that reputation as “eyewash”. His decade-long attempt to develop a world-class iron ore mine in the South American beef-exporting … Read more