Kodak raised spending on lobbying government in months before loan awarded

Eastman Kodak Co (KODK.N) increased spending on lobbying the U.S. government in the months before the Trump administration announced a $765 million loan to the photographic equipment maker, public disclosures filed with the Congress show. The company spent $870,000 as “expense relating to lobbying activities” from April through June, according to the lobbying disclosures bit.ly/3ai2Mud. […]

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China’s Tencent starts fund advisory services to tap asset management

Chinese tech giant Tencent Holding (0700.HK) is making forays into fund advisory services, vying for a share of the potentially lucrative market with rival Alibaba Group Holding Ltd (BABA.N)(9988.HK), which entered the business just months ago. Teng An Fund, Tencent’s fund distribution unit, starts offering selected investors investment advisory services this week, according to the […]

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