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Golden Share
In business and finance, a golden share is a nominal share which is able to outvote all other shares in certain specified circumstances, often held by a government organization, in a government company undergoing the process of privatization and transformation into a stock-company. Purpose This share gives the government organization, or other shareholder, the right of decisive vote, thus to vote all other shares, in a shareholder meeting. Usually this will be implemented through clauses in a company's articles of association, and will be designed to prevent stakebuilding above a certain percentage ownership level, or to give a government, or other shareholder, veto powers over any major corporate action, such as the sale of a major asset or subsidiary or of the company as a whole. In the context of government-owned golden shares, this share is often retained only for some defined period of time to allow a newly privatised company to become accustomed to operating in a public env ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business
Business is the practice of making one's living or making money by producing or Trade, buying and selling Product (business), products (such as goods and Service (economics), services). It is also "any activity or enterprise entered into for profit." Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. If the business acquires debts, the creditors can go after the owner's personal possessions. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. The term is also often used colloquially (but not by lawyers or by public officials) to refer to a company, such as a corporation or cooperative. Corporations, in contrast with Sole proprietorship, sole proprietors and partnerships, are a separate legal entity and provide limited liability for their owners/members, as well as being su ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BBC News
BBC News is an operational business division of the British Broadcasting Corporation (BBC) responsible for the gathering and broadcasting of news and current affairs in the UK and around the world. The department is the world's largest broadcast news organisation and generates about 120 hours of radio and television output each day, as well as online news coverage. The service maintains 50 foreign news bureaus with more than 250 correspondents around the world. Deborah Turness has been the CEO of news and current affairs since September 2022. In 2019, it was reported in an Ofcom report that the BBC spent £136m on news during the period April 2018 to March 2019. BBC News' domestic, global and online news divisions are housed within the largest live newsroom in Europe, in Broadcasting House in central London. Parliamentary coverage is produced and broadcast from studios in London. Through BBC English Regions, the BBC also has regional centres across England and national new ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Niedersachsen
Lower Saxony (german: Niedersachsen ; nds, Neddersassen; stq, Läichsaksen) is a German state (') in northwestern Germany. It is the second-largest state by land area, with , and fourth-largest in population (8 million in 2021) among the 16 ' federated as the Federal Republic of Germany. In rural areas, Northern Low Saxon and Saterland Frisian are still spoken, albeit in declining numbers. Lower Saxony borders on (from north and clockwise) the North Sea, the states of Schleswig-Holstein, Hamburg, , Brandenburg, Saxony-Anhalt, Thuringia, Hesse and North Rhine-Westphalia, and the Netherlands. Furthermore, the state of Bremen forms two enclaves within Lower Saxony, one being the city of Bremen, the other its seaport, Bremerhaven (which is a semi-enclave, as it has a coastline). Lower Saxony thus borders more neighbours than any other single '. The state's largest cities are state capital Hanover, Braunschweig (Brunswick), Lüneburg, Osnabrück, Oldenburg, Hildesheim, Salzgi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Volkswagen Group
Volkswagen AG (), known internationally as the Volkswagen Group, is a German multinational automotive manufacturer headquartered in Wolfsburg, Lower Saxony, Germany. The company designs, manufactures and distributes passenger and commercial vehicles, motorcycles, engines and turbomachinery, as well as offering related services, including financing, leasing and fleet management. In 2016, it was the world's largest automaker by sales, and keeping this title in 2017, 2018 and 2019, selling 10.9 million vehicles. It has maintained the largest market share in Europe for over two decades. It ranked seventh in the 2020 ''Fortune'' Global 500 list of the world's largest companies. The Volkswagen Group sells passenger cars under the Audi, Bentley, Cupra, Lamborghini, Porsche, SEAT, Škoda and Volkswagen brands; motorcycles under the Ducati name; light commercial vehicles under the Volkswagen Commercial Vehicles brand; and heavy commercial vehicles via the marques of listed sub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tabacalera
Tabacalera, formerly the Compañía Arrendataria de Tabacos, was a Spanish tobacco monopoly whose origins date back to 1636, making it the oldest tobacco company in the world. In 1999, the company merged with SEITA of France to form Altadis, which was later purchased by Imperial Tobacco. Its brands included Ducados and Fortuna Fortuna ( la, Fortūna, equivalent to the Greek goddess Tyche) is the goddess of fortune and the personification of luck in Roman religion who, largely thanks to the Late Antique author Boethius, remained popular through the Middle Ages until .... Tabacalera owns 50% stake in Cuba's official cigar export operation Corporación Habanos. Since buying the stake 15 years ago, Tabacalera has played a key role in marketing and selling Cuban cigars in more than 150 countries around the world. References Tobacco companies of Spain Companies based in Madrid Defunct manufacturing companies of Spain Former monopolies Companies established in 1636 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Argentaria
Banco Bilbao Vizcaya Argentaria, S.A. (), better known by its initialism BBVA, is a Spanish multinational financial services company based in Madrid and Bilbao, Spain. It is one of the largest financial institutions in the world, and is present mainly in Spain, South America, North America, Turkey, and Romania. The bank was founded as Banco de Bilbao, on May 28, 1857, in Bilbao. BBVA's operational headquarters are located in Madrid, in the "Ciudad BBVA" complex. It is Spain's second largest bank after Banco Santander. It is listed on the Madrid Stock Exchange, the New York Stock Exchange and on the Mexican Stock Exchange. It is also a part of the IBEX 35 as well as the Dow Jones EURO STOXX 50. As of December 31, 2018, BBVA's assets amounted to around €676 billion, making it the second largest Spanish financial institution by volume of assets. At that same date, it had 7,963 offices, 125,627 employees and 74.5 million customers, and was present in more than 30 countries. 5] ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Endesa (Spain)
Endesa, S.A. (, originally an initialism for ''Empresa Nacional de Electricidad, S.A''.) is a Spanish multinational electric utility company, the largest in the country. The firm, a majority-owned subsidiary of the Italian utility company Enel, has 10 million customers in Spain, with domestic annual generation of over 97,600 GWh from nuclear, fossil-fueled, hydroelectric, and renewable resource power plants. Internationally, it serves another 10 million customers and provides over 80,100 GWh annually. Total customers numbered 22.2 million as of December 31, 2004. It also markets energy in Europe. The company has additional interests in Spanish natural gas and telecommunications companies. Endesa is one of the three large companies in the electricity sector in Spain, which together with Iberdrola and Naturgy, dominate around 90% of the national electricity market. Endesa carries out activities of generation, distribution and commercialization of electricity, natural gas and re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Repsol YPF
Repsol S.A. El Nuevo Herald, 2012-05-31Originally an initialism for ''Refinería de Petróleos de '' adding the word ''Sol'' (Sun) () is a Spanish multinational energy and petrochemical company based in . It is engaged in worldwide upstream and downstream activities. In the 2021 [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Spain
, image_flag = Bandera de España.svg , image_coat = Escudo de España (mazonado).svg , national_motto = '' Plus ultra'' ( Latin)(English: "Further Beyond") , national_anthem = (English: "Royal March") , image_map = , map_caption = , image_map2 = , capital = Madrid , coordinates = , largest_city = Madrid , languages_type = Official language , languages = Spanish , ethnic_groups = , ethnic_groups_year = , ethnic_groups_ref = , religion = , religion_ref = , religion_year = 2020 , demonym = , government_type = Unitary parliamentary constitutional monarchy , leader_title1 = Monarch , leader_name1 = Felipe VI , leader_title2 = Prime Minister , leader_name2 = Pedro Sánchez , legislature = ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energias De Portugal
EDP - Energias de Portugal (formerly Electricidade de Portugal) is a Portuguese electric utilities company, headquartered in Lisbon. It was founded in 1976 through the merger of 14 nationalised electricity companies. History EDP was founded as ''Electricidade de Portugal, E.P.'' by the Portuguese government though the Decreto-lei nº 502/76 published on June 30, 1976, merging 14 former energy companies that had been nationalised by 1975 in the aftermath of the regime change in 1974, of which the most significant had been the ''Companhias Reunidas de Gás e Eletricidade'' (CRGE). The Portuguese state privatised the company in several phases, from 1996 to 2011. In March 2007 the group made a US$3 billion takeover of Horizon Wind Energy, the Texan-based wind power producer. At the time, it was the largest renewable energy deal to date and made EDP the fourth largest wind power producer in the world. The firm's renewables operations (including Horizon) are now contained within i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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