Headlines

Americas

America seems unable to solve a scourge that exists nowhere else

JUST before the end of the school day on February 14th at Marjory Stoneman Douglas high-school in Parkland, Florida, the fire alarm rang out. Most of the pupils and teachers thought it was just a drill. It was not: a gunman had pulled the alarm to draw out the maximum number of targets. The gunman killed 17 and injured more than a dozen, some critically....

Occupational licensing blunts competition and boosts inequality

EVERY month Debbie Varnum of Shallotte, North Carolina, must pay a doctor’s bill. It is not for treatment. Ms Varnum is a “nurse practitioner”, a nurse with an additional postgraduate degree who is trained to deliver primary care. North Carolina, like many states, does not allow nurse practitioners to offer all the services they are trained...

The University of Chicago puts its principles to the test

Understand your man “THIS reminds me of my school days in Italy in the 1970s,” says Luigi Zingales, a professor at the University of Chicago’s Booth School of Business. That was a time of political and social turmoil when graffiti proclaimed that “killing fascists is an act of love” and high-school teachers were almost uniformly committed...

Staffing the White House

Hey Porter AS A candidate, President Donald Trump promised to hire only “the best people”. That vow went the way of many campaign promises. Some steered clear of his administration, wary of his instincts and his let-chaos-reign management style. Others were passed over for having been insufficiently loyal. Hundreds of senior administration posts—including...

America seems unable to solve a deadly problem that exists nowhere else

JUST before the end of the school day on February 14th at Marjory Stoneman Douglas high-school in Parkland, Florida, the fire alarm rang out. Most of the pupils and teachers thought it was just a drill. It was not: a gunman had pulled the alarm to draw out the maximum number of targets. The gunman killed 17 and injured more than a dozen, some critically....

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

Maven Capital Partners makes new appointments to investment team to manage £50m debt fund for the Midlands Engine Investment Fund

Investment managers will support growth SMEs across the West Midlands, as part of the Midlands Engine Investment Fund (MEIF), supported by the European Regional Development Fund. Maven Capital Partners (“Maven”), one of the UK’s most active private equity houses, has appointed Andy Povey and Raj Minhas as Investment Managers to help manage...

Maven Capital Partners opens Nottingham office to manage £40m debt fund for the Midlands Engine Investment Fund

Investment team will support growth SMEs across the East and South-East Midlands, as part of the Midlands Engine Investment Fund (MEIF), supported by the European Regional Development Fund.Maven Capital Partners (“Maven”), one of the UK’s most active private equity houses, has opened its eleventh regional office in Nottingham city centre...

Morgan Lewis Adds Finance Partner and Of Counsel to London International Finance Team

Morgan Lewis continues its expansion in London, announcing today that it will welcome finance lawyer Georgia M. Quenby as a partner. She will be joined at Morgan Lewis by finance of counsel Victoria Thompson. Ms. Quenby and Ms. Thompson represent financial institutions and investors in a wide range of matters with a focus on cross-border transactions....

Creating Value and Exit Planning - 5 top tips for search firms

There is no doubt that the executive search sector is one of the most entrepreneurial industries in the country – if not the world. However, many still fail to deliver significant turnover and value in line with the owners’ vision.  That’s the view of Tim Connolly, founder of ALC, a human capital consultancy, dedicated to the executive search...

Foresight appoints Stephan Gueorguiev as Senior Investment Manager

Foresight Group (“Foresight”), a leading independent infrastructure and private equity investment manager, is pleased to announce the appointment of Stephan Gueorguiev to the Private Equity team. Stephan joins Foresight as a Senior Investment Manager, with over nine years of investment experience across Venture Capital and Private Equity having...

Mena

What a Soldier Killed in Niger Left Behind

[unable to retrieve full-text content]Jenna was relieved when her boyfriend, a U.S. Special Forces soldier, told her he was deploying to Africa, rather than to a war zone like Iraq or Afghanistan. So when he was killed in an ambush in Niger by Islamic militants, she was devastated. The fragments that he left behind — voicemails, notes and a lost letter...

Three Suicide Bombers Kill at Least 20 in Nigeria

AdvertisementDAKAR, Senegal — An attack by three suicide bombers has left at least 20 people dead and more than 20 others wounded at a fish market outside the sprawling Nigerian city that gave rise to the Islamist extremist group Boko Haram, officials and news reports said on Saturday.The bombers set off explosives on Friday at the market, about 15...

As Ramaphosa Hails a ‘New Dawn,’ South Africans See More of the Same

AdvertisementSOWETO, South Africa — Refiloe Mapanya had closely followed the tumultuous changes in South Africa’s leadership in recent days: a political knife fight inside the long-governing African National Congress that brought to power President Cyril Ramaphosa.But Friday evening, midway through Mr. Ramaphosa’s first state of the nation address,...

Three Suicide Bombers Kill at Least 18 in Nigeria

AdvertisementDAKAR, Senegal — An attack by three suicide bombers has left at least 18 people dead and more than 20 others wounded at a fish market outside the sprawling Nigerian city that gave rise to the Islamist extremist group Boko Haram, officials and news reports said on Saturday.The bombers set off explosives on Friday at the market, about 15...

Bobsled Team Represents Nigeria Loosely, but Women Truly

AdvertisementPYEONGCHANG, South Korea — After all the news media interviews, after dancing on “Ellen” and attending receptions in their honor, it was time for the three women of the Nigerian bobsled team to get on the ice at the Pyeongchang Games.At first blush, it did not go so well, as their first trial runs on Saturday left them in last place,...