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January 16th - Analysts say Apples first foldable phone, the iPhone Fold, will be released this September, debuting the A20 Pro chip alongside the iPhone 18 Pro and iPhone 18 Pro Max. The A20 Pro chip will reportedly use TSMCs new 2nm process, offering a 15% performance improvement and a 30% energy efficiency increase compared to the A19. It will also utilize WMCM (Wafer-Level Multi-Chip Module) technology, integrating memory, CPU, GPU, and NPU onto a single wafer, eliminating the need for a silicon interposer to separate memory from the chip.According to Hong Kong Stock Exchange documents, Big Catering International Holdings Limited has submitted a listing application to the Hong Kong Stock Exchange.January 16th - According to relevant departments of the State Taxation Administration, tax authorities have been continuously strengthening publicity and guidance on tax payment for overseas income of resident individuals. Since last year, they have reminded taxpayers to conduct self-checks on income obtained from overseas from 2022 to 2024. According to the Tax Collection and Administration Law and other laws and regulations, if a taxpayer fails to file a tax return or makes calculation errors, resulting in underpayment or non-payment of taxes, the tax authorities may recover the tax and late payment penalties within three years; if tax evasion is constituted, it will be dealt with according to law. Paying personal income tax on income obtained by resident individuals from both domestic and overseas sources is an internationally accepted practice, which helps prevent cross-border tax evasion and safeguards national tax revenue. The tax authorities remind taxpayers that paying taxes according to law is the obligation of every citizen. If taxpayers find that they have previously failed to declare their overseas income as required, they should promptly correct the declaration in accordance with the law.Citigroup lowered its price target for Disney (DIS.N) from $145 to $140.According to Hong Kong Stock Exchange documents, Muyuan Foods Co., Ltd. has passed the listing hearing of the Hong Kong Stock Exchange.

Under pressure, Orpea recommends a board reorganization

Charlie Brooks

Jul 04, 2022 11:39


Sunday, the French corporation Orpea, which is under criticism for its business practices and the way it manages its residences, unveiled intentions to reform its board of directors in an attempt to boost corporate governance.


Orpea claimed that during its annual general meeting, shareholders will be invited to select five new independent directors for a four-year term. One of the four is Guillaume Pepy, the current chairman of Initiative France and a former chairman and CEO of the state-owned train business SNCF.


Orpea stated last month that an audit discovered indications of financial misconduct, but did not substantiate all of the company's charges. Last month, authorities also searched the offices of Orpea. Orpea shares are down about 70% so far in 2022.