Embattled ZTE proposes $10.7 billion credit proposal, new board

HONG KONG (Reuters) - Chinese telecommunications giant ZTE Corp has proposed a $10.7 billion financing plan and nominated eight board members in a drastic management overhaul, as it seeks to rebuild a business crippled by a U.S. supplier ban......»»

Chinese telecommunications giant ZTE Corp has proposed a $10.7 billion financing plan and nominated eight board members in a drastic management overhaul, as it seeks to rebuild a business crippled by a U.S. supplier ban......»»

The proposal to deliver $8 billion in new cash payments to millions of Californians amid the COVID-19 pandemic is part of a $100-billion state budget that has swelled.....»»

Despite the pandemic continuing to hit the city’s tax revenue, newly awarded federal stimulus money will help foot the bill for Kenney’s $5.18 billion budget proposal presented Wednesday afternoon......»»

The proposal involved 560 miles of lines in five segments of the plains......»»

The proposal also includes money .....»»

Carnival Corp , the world's largest cruise operator, said it has raised $6.25 billion by issuing new debt and equity on Wednesday, borrowing at a high cost to weather the economic storm of the coronavirus pandemic......»»

Carnival Corp , the world's largest cruise operator, raised $6.25 billion by issuing new debt and equity on Wednesday, borrowing at a high cost to weather the economic storm of the coronavirus pandemic, people familiar with the matter said......»»

Credit Suisse proposed on Monday Richard Meddings, a British banker with long experience of crisis management, for election to its board in its first non-executive nomination since the Swiss bank was rocked by a spying scandal......»»

Credit Suisse Group said it was proposing Richard Meddings, chairman of British bank TSB, for election as a new non-executive member of its board of directors......»»

The Florida Senate released an initial $92.83 billion budget proposal Thursday that would provide across-the-board pay raises for state employees, increase money for teacher salaries and help fund water-quality projects. The Senate proposal for the fisc.....»»

Gov. Ron DeSantis on Monday proposed a $91.4 billion state budget for next year, touting plans to funnel more money to public-school teachers and continue “momentum” on environmental issues. The proposal is an initial step as lawmakers prepar.....»»

The London Stock Exchange's board will meet in coming days to make a decision on the Hong Kong bourse's surprise $39 billion takeover proposal, a source close to the British company said on Thursday, as the market poured cold water on the deal......»»

The Sackler family and their embattled drugmaker, Purdue Pharma, are backing a proposal to resolve all opioid lawsuits against themselves and the drugmaker for more than $11 billion in what would be... To view the full story, click the title link......»»

The Sackler family and their embattled drugmaker Purdue Pharma LP are backing a proposal to resolve all opioid .....»»

The board of directors for the Ohio Bureau of Workers’ Compensation has approved a proposal from Ohio Gov. Mike DeWine to send $1.5 billion of the agency’s revenues to Ohio employers covered by the BWC system. BWC, the state’s insurance fund for.....»»

Merck KGaA won the support of Versum Materials Inc's board with a sweetened $6.5 billion takeover proposal, topping an agreed merger with rival Entegris......»»

(Reuters) - Activist investor Elliott Management Corp on Monday proposed the addition of three independent members to the board of Hyundai Motor Group in a document laying out its agenda after taking a more than $1 billion stake in the carmaker......»»

In a blow to Tri-Valley residents who commute hours to and from work in San Francisco and Silicon Valley, BART's board of directors voted to reject a $1.6 billion extension from the Dublin/Pleasanton hub to Livermore. The proposal would've added 5.5.....»»

The proposal would cut an estimated $13 billion in planned debt relief over 10 years......»»