The company's overseas expansion plans have been met with suspicion in the US and Australia amid concerns about cyber-security.
The region accounts for nearly a third of the company's overseas sales, a proportion expected to reach 40% in three years.
Yukos pointed out that a ruling in the Netherlands last year already gave the syndicate a claim on the cash due from the sale of the company's overseas assets (chief among them being a big stake in a Lithuanian refinery).
Mr. Ho said that under the changes, a company's dividends can be repatriated at the lower rate if its overseas parent is a listed company.
IreneRosenfeldIrene Rosenfeld has been in the driver's seat of Kraft Foods for less than a month, but she's already on her way to extending the reach of America's No. 1 food company overseas.
Barton Crockett, an analyst with Lazard Capital markets, said that was an unimpressive number for a company accustomed to fast growth, and he questioned whether the company's spending on overseas markets would pay off.
Irene Rosenfeld has been in the driver's seat of Kraft Foods (nyse: KFT - news - people ) for less than a month, but she's already on her way to extending the reach of America's No. 1 food company overseas.
Honda's Chief Executive Takeo Fukui also said last week that the company may shift more production overseas to cushion the earnings impact of the yen's surge.
He says overseas sales have bolstered his company as the U.S. market has slowed.
There were counterfeit products being made overseas with the same serial number as a U.S. company, the same packaging.
The company's president has said he wants overseas sales to account for more than half of revenues as soon as next year.
It is even possible that Boeing could choose an overseas site though Phil Condit, the company's boss, would face a firestorm if he did.
By the middle of the last decade, overseas contract orders exceeded domestic sales, and the company's position as a major player in the international telecoms market was cemented.
Like other U.S. utility executives, Nye felt compelled to invest his company's cash in higher-growth markets overseas.
The company expanded overseas and in 1975 Marks and Spencer's first stores in opened in Paris and Brussels.
This allowed the new business, once local-government approval was obtained in China, to accept foreign private-equity money invested into the overseas holding company, while abiding by the letter of Beijing's restrictions on foreign investment in domestic enterprises.
Borders Chief Executive George Jones said Thursday that in addition to a plan to shave costs by closing about half the company's 564 Waldenbooks stores and selling some overseas operations, Borders will unveil its new proprietary Web site early next year.
Not since fast-food giants like McDonald's has an American company found such high-profile success overseas.
The company said it pays local taxes on overseas earnings and U.S. taxes on investment income generated at its Irish subsidiaries.
WSJ: Apple Pays No Tax on Much of Its Overseas Income, Senate Panel Finds
"If American companies miss opportunities to build and sell overseas, it's a sure bet in this global economy that some other company will step in when we do not, " he said.
While sorry to see a venerable British company bought by an overseas competitor, the attitude is: that's business.
In practice, however, these arrangements make it possible for an unscrupulous foreign entity to register its offering overseas and then market its bonds to Qualified Institutional Buyers through a U.S. holding company.
From 2005 to 2010, it reduced its foreign workforce by 1, 000, while cutting 28, 000 jobs in the U.S. But Chief Jeffrey Immelt tells Wessel that the company is shifting business overseas not in search of cheap labor, but rather, because of a growing customer base in countries like Brazil and China.
Apple is far from the only company that has been building up its overseas cash stash to avoid high U.S. taxes.
However, most of its money sits in overseas accounts, and the company doesn't plan to bring it to the U.S. unless the federal corporate tax rate is lowered.
And it includes Apple's U.S. workers who benefit when the company is able to sell more iPhones and iPads overseas.
MasterCard's net income rebounded strongly in the fourth quarter as its overseas business continued to expand, the company said Thursday.
The company's turnover has halved over the past five years, partly due to cheaper overseas competition.
Last month, Renault's car registrations in France fell 27%, although the company is having more success in overseas markets.
The company is betting that its Five Star subsidiary can make China the retailer's largest overseas market, one that could rival U.S. operations.
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