Headlines

Americas

What the data say about the integrity of Honduras’s election

THE electoral commission of Honduras (TSE) will not declare a winner in the presidential election, held on November 26th, until after a recount of some kind. The first count suggests that Juan Orlando Hernández won re-election. He beat Salvador Nasralla, a sports broadcaster, by 42.98% to 41.38%. Mr Nasralla charges that the result is fraudulent. A...

Honduras’s political crisis takes an unexpected turn

FOR a few days, Honduras felt like a country on the brink of chaos. People queued for hours at banks, supermarkets and petrol stations, as they had before a hurricane in 1998 and a coup in 2009. Shopkeepers shut early to prepare for looting. Thousands of people took to the streets in protest; some banged pots, burned tires and hurled Molotov cocktails....

Cuba’s leaders are trapped between the need for change and the fear of it

FOR decades Cuban exiles in Miami dreamed of the day that Fidel Castro would die. They imagined that Cubans would then rise up against the communist dictatorship that he imposed. Yet when, a year ago this week, Castro’s ashes were interred in his mausoleum, it was an anticlimax. His brother, Raúl, who is now 86, has been in charge since 2006....

Justin Trudeau searches in vain for new free-trade partners

JUSTIN TRUDEAU, Canada’s prime minister, set off for China on December 2nd amid speculation that the two countries would start free-trade talks. Canada needs new markets because the United States is turning inward. China wants to gain better access to Canada’s commodities and technology and to set a precedent for talks with other G7 countries....

Was Donald Trump’s campaign too chaotic to pull off a conspiracy?

AMID the spicy anecdotes, superficial insights, sycophancy, score-settling and casual loutishness displayed in a new memoir of Donald Trump’s election campaign, “Let Trump be Trump”, by Corey Lewandowski and David Bossie, the two essential characteristics of Trumpland shine through. One is a permanent state of confusion, and sometimes chaos,...

Asia Pacific

Japanese firms step up overseas M&A

Number of deals hits record in first half as smaller companies get into the game With SoftBank CEO Masayoshi Son taking the lead, Japanese companies have been engaging in mergers and acquisitions at record levels. Japanese corporations made 339 overseas mergers and acquisitions during the first half of the current Japanese fiscal year, the highest...

Investcorp adds Deepak Parekh to International Advisory Board

Investcorp, a global provider and manager of alternative investment products, today announced that Deepak Parekh, Chairman of HDFC Limited, Indian’s leading Financial Services conglomerate, has been appointment to Investcorp’s International Advisory Board. Mr Parekh has played a significant role in the development of the financial sector...

South Korea: Making up for lost time

After the impeachment of South Korea’s former president, Park Geun-hye, amid a far-reaching corruption scandal, the country was ready for change. South Korea’s new liberal president, Moon Jae-in, appears set to take on that challenge. Campaigning on a policy platform of job creation, corporate governance and labour market reforms, as well as promises...

Alibaba acquires majority stake In Indian ticketing startup TicketNew

Alibaba Pictures, the entertainment unit of China’s ecommerce major Alibaba Group, has acquired a majority stake in Chennai-based TicketNew for an undisclosed amount. Post-acquisition, Alibaba will have four representatives on TicketNew’s board and the firm’s promoters will have two of their representatives. TicketNew founder and CEO Ramkumar...

NIO unveils production vehicle for China Market

NIO unveiled new production vehicle, the NIO ES8, a 7-seater high-performance electric SUV for the China market - NIO ES8’s official launch will take place at the end of this year, with deliveries expected to begin next year - NIO to begin taking pre-orders of its flagship supercar, the NIO EP9, priced at 1.48 million USD - 11 Cars: NIO showcased...

Europe

High-profile additions to the team: Dr Hanspeter Bader, Baldomero Falcones, Dr Thomas Friese and Matthias Knab join POLARIS Investment Advisory AG as Senior Advisors

POLARIS Investment Advisory AG (POLARIS), Zurich, has appointed Dr Hanspeter Bader, Baldomero Falcones, Dr Thomas Friese and Matthias Knab as Members of its Senior Advisory Board.“We are delighted to have gained such renowned and globally-networked experts for our company. With this step, we are substantiating our claim of having in-depth...

Private Equity Lawyers Wim De Vlieger and Till Lefranc to Join Sidley in London

Sidley Austin LLP announced today that Wim De Vlieger and Till Lefranc will be joining the firm as partners in its London office. They will be members of Sidley’s global Private Equity practice. Both were formerly with Simpson Thacher & Bartlett LLP. “In just over one year, our private equity group in Europe has grown exponentially,” said...

Richard Hodgson to join expanded YO! as CEO

Following its recent acquisition of Bento Sushi (“Bento”), YO! Sushi (“YO!”), is delighted to announce Richard Hodgson will join the newly formed combined group (“Group”) as Chief Executive Officer, commencing in December. Richard was formerly Chief Executive Officer of Pizza Express, where he was instrumental in driving the internationalisation...

Deutsche Asset Management appoints global head of private equity secondaries

Deutsche Asset Management today announced the appointment of Mark McDonald as Global Head of Private Equity Secondaries. Based in London, McDonald is a seasoned expert in the private equity community, with a proven record in leading successful private equity business strategies from origination to execution and exit. McDonald’s experience includes...

NFB Annual Conference 2017: SME success for UK construction

The National Federation of Builders (NFB) held its sixth annual conference on Wednesday in London. The conference entitled ‘Making a success of UK construction’ took place at the prestigious County Hall in Westminster, London. Hosted by broadcaster and journalist Cathy Newman for the fourth consecutive year, the successful event brought together...

Mena

Pentagon Foresees at Least Two More Years of Combat in Somalia

AdvertisementWASHINGTON — Amid its escalating campaign of drone strikes in Somalia, the Pentagon has presented the White House with an operational plan that envisions at least two more years of combat against Islamist militants there, according to American officials familiar with internal deliberations.The proposed plan for Somalia would be the first...

U.S. Put 92 Somalis on a Deportation Flight, Then Brought Them Back

Ninety-two Somali citizens were flown out of the United States under orders of deportation on Thursday, but their plane never made it to Somalia. The flight landed in the West African country of Senegal and, facing logistical problems, was rerouted back to the United States.It was an unexpected, 5,000-mile backtrack for the migrants, some of whom have...

At Least 15 U.N. Peacekeepers Are Killed in Congo

UNITED NATIONS — The United Nations said on Friday that at least 15 peacekeepers, all from Tanzania, were killed in the eastern Democratic Republic of Congo by militant extremists. It was the deadliest assault on the organization’s peacekeeping forces in nearly a quarter century.Five Congolese soldiers also died and at least 40 other people were...

At Least 12 U.N. Peacekeepers Are Killed in Congo

AdvertisementAfricaSupported byAt Least 12 U.N. Peacekeepers Are Killed in CongoImageUnited Nations peacekeeping soldiers last year in Goma, the Democratic Republic of Congo.CreditEduardo Soteras/Agence France-Presse — Getty ImagesUNITED NATIONS — The United Nations said on Friday that at least 12 peacekeepers, all from Tanzania, were killed in...

They Fled Boko Haram, Only to Be Raped by Nigeria’s Security Forces

MAIDUGURI, Nigeria — The camp was supposed to be a refuge. Falmata’s life had been stolen by war ever since the sixth grade, when she was abducted from her home and raped repeatedly by Boko Haram’s fighters for the next three years.She finally escaped last spring, slipping into the bush while her captors slept. Fourteen years old and alone, she...