Exclusive South Koreas Kdb Eyeing Deal By April 27 To Inject Funds Into Gm Korea | The News Amed
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Exclusive South Koreas Kdb Eyeing Deal By April 27 To Inject Funds Into Gm Korea



SEOUL – Korea Development Bank (KDB) plans to sign a preliminary deal by April 27 to financially support General Motors’ (GM.N) troubled South Korean unit, provided interim due-diligence on the unit is satisfactory, the chairman of state-run KDB said on Tuesday.

GM proposed in February an investment of $2.8 billion into its loss-making South Korean operations over 10 years, days after announcing a sweeping overhaul. It has asked Seoul to provide its share of the funds for the restructuring.

The U.S. automaker owns 77 percent of its South Korean unit, GM Korea, while KDB owns a 17 percent stake. GM’s main Chinese partner, SAIC Motor Corp (600104.SS), controls the remaining 6.0 percent.

Lee Dong-gull, chairman and CEO of KDB, told Reuters the bank may offer around 500 billion won ($468.42 million), proportional to its 17 percent stake in GM Korea, to help fund GM’s pledged $2.8 billion investment.


World Bank Says Shareholders Endorse Capital Increase



WASHINGTON – The World Bank said on Saturday its shareholders had endorsed a $13 billion paid-in capital increase, a series of internal reforms and a set of policy measures to strengthen the international lender’s capabilities.

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Us Regulator Permits Chinas Zte To Submit More Evidence



NEW YORK – The U.S. Commerce Department has granted ZTE Corp’s (000063.SZ) (0763.HK) request to submit more evidence after the agency banned American companies from selling to the Chinese technology firm, a senior Commerce official said on Saturday.

The U.S. Commerce Department’s Bureau of Industry and Security, or BIS, this week banned American companies from selling to ZTE for seven years, saying the Chinese company had broken a settlement agreement with repeated false statements. The action was sparked by ZTE’s violation of an agreement that was reached after it was caught illegally shipping U.S. goods to Iran.

According to Commerce regulations, there is no appeals process, but the agency has “exercised discretion” to let ZTE present additional evidence through an “informal procedure,” the senior official said.

The Wall Street Journal first reported the decision by Commerce to allow more evidence.

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Mcdonald’s Monopoly 2018 Is On – When Does It End, What Prizes Are There And What Are The Valuable And Rare Pieces?



MCDONALD’S Monopoly, the competition combining two of the nation’s most loved activities, is well underway.

Here is all you need to know about the 2018 event, when it ends and what prizes you can win…

Alamy McDonald’s Monopoly is back again this year thanks to popular demand

When did McDonald’s Monopoly 2018 start and when does it end?

It is time to collect stickers to win some exciting prizes at McDonald’s.

McDonald’s Monopoly began on March 21, 2018, and runs right through until May 1 – and that means it’s on right NOW.

The chain teased fans about the game’s imminent return by uploading a picture on February 15, the day after Valentine’s Day.

The post said: “The roses are dead. The card’s in the bin. Valentine’s is over. When does MONOPOLY begin?”

The caption on the post gave the mysterious answer of “soon…”

McDonald’s McDonald’s teased fans with this post on February 15, 2018

While players can bag a Mini Cooper, Stateside holiday or £100,000 in cash by bagging a full set.

Some properties will be much harder to find than others Coming up in Sun Savers!

SUN SAVERS has always rewarded you with fivers for reading The Sun. But now you can get so much more!

Coming up in the next few months you can…

Win a Beach Hut now! Pick up two FREE tickets to Alton Towers now! Pick up two FREE tickets to Warwick Castle worth £50 Pick up two FREE tickets to Legoland Windsor worth £120 Get early access to Hols from £15 when it kicks off!

It’s that simple!

Sign up here or enter your code if you’re already on the way to the good stuff!

How does McDonald’s Monopoly work?

Fans are able to receive a Double or Triple Game Piece which consists of two or three stickers depending on what you order.

For example, a Medium Fries is a double label, but a large fries is a triple.

Most proper burgers like Big Macs or Big Tasty’s come with triple labels.

One of the stickers is an online game sticker. The others are an instant win (free food or drink) or a property from the Monopoly board.

If you manage to get your hands on a complete set of properties, such as all the reds, you are eligible for a big prize.

McDonald’s has put extra emphasis on winning!

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