International

Headlines

Bill Ackman's Insider Trading Lawsuit May Cost Pershing Square Investors $75 Million

Pershing Square is setting aside $75 million to cover a class action insider trading lawsuit surrounding its efforts to merge Allergan with now-embattled Valeant, which made Bill Ackman $1.1 billion according to Forbes.Read More

Lululemon Shares Crash After 'Slow Start' To 2017 Weighs On Outlook

The yoga retailer warned that revenue and profits this quarter would be significantly worse than what Wall Street had in mind.Read More

Evolution Of Money: From Kings With The 'Midas Touch' To E-Money Accounts

Money and commerce have come a significant way since the days of Croesus, the last King of Lydia, and legendary King Midas. Here we plot the evolution right up to e-money accounts and developments in the space today with Tobias Schreyer, co-founder of cross-border e-payments specialists PPRO Group.Read More

Hidden Nuggets In The Forbes 400 List

Rockefeller kept buying his own stock, proving the magic of compounding over decades is the formidable motive force, explaining massive fortunes of Warren Buffett, Bill Gates and Jeff Bezos. Most entrepreneurs, when successful, retain arithmetic control long after retiring from active management.Read More

3 Questions For Amazon Shoppers Dealing With Sketchy 3rd Party Sellers

Does a $199 LG 32-inch IPS monitor for $4.89 sound tempting? Amazon sellers offering deals that are 'too good to be true" are on the rise. Third party sellers account for about 44% of all items sold on Amazon worldwide so these scammers could put more than a small dent in Amazon’s stock price.Read More

Finance

Beginning ‘Brexit’ and Bracing for Impact

LONDON — The world did not end. No recession unfolded. Nine months after Britain voted to leave the European Union, disregarding warnings of grim economic consequences, a nation famous for calmly carrying on has seemingly gone about its business.As Prime Minister Theresa May on Wednesday officially initiated Britain’s exit from Europe — Brexit,...

China Poised to Take Lead on Climate After Trump’s Move to Undo Policies

For years, the Obama administration prodded, cajoled and beseeched China to make commitments to limit the use of fossil fuels to try to slow the global effects of climate change.President Obama and other American officials saw the pledges from both Beijing and Washington as crucial: China is the largest emitter of greenhouse gases, followed by the United...

Coal Mining Jobs Trump Would Bring Back No Longer Exist

In Decatur, Ill., far from the coal mines of Appalachia, Caterpillar engineers are working on the future of mining: mammoth haul trucks that drive themselves.The trucks have no drivers, not even remote operators. Instead, the 850,000-pound vehicles rely on self-driving technology, the latest in an increasingly autonomous line of trucks and drills that...

In China, ‘Disney’ Deals Turn Out to Be Fantasy

BEIJING — In 2013, Meng Dekai, a Disney executive in China, signed a deal with the mayor of Hefei to build a $1.3 billion “Disney cultural and industrial park.”It was one of several agreements with multiple cities in China that Mr. Meng apparently signed.The only problem: He was not allowed to do so.The Walt Disney Company said on Wednesday that...

This Global Health Care Platform Offers Free Access To Top Physicians

Ask The Doctor Co-Founder and CEO Prakash Chand discusses the vision behind his company, solving the health care crisis, and his plans for making medical advice available to 7 billion people around the world.Read More

Legal

Tabcorp fined $45 million

Gaming company Tabcorp has been fined $45 million for breaching anti-money laundering and anti-terrorism financing laws. The Federal Court found that Tabcorp broke the law on 108 occasions over five years. The fine imposed by the Federal Court is the highest civil penalty in Australian corporate history. The multi million dollar fine was handed down...

Who's Who Legal - Brexit & the Legal Market Survey

Who's Who Legal is one of the world's leading directories of business lawyers. We are currently conducting research into the response of the legal market to Brexit. We are also seeking to uncover which practitioners clients are turning to for advice.The survey below is aimed at private practice lawyers whose practice features significant UK or European...

Quantifying Disruption With The System Dynamics Method – A Brief Explanation

Quantifying Disruption With The System Dynamics Method – A Brief ExplanationBy Thomas Hofbauer and Nicole Mörchen, HKADisruptions frequently lead to the project schedule and subsequent completion date slipping, as well as cost overruns from inefficiencies. Quantification of disruption often remains problematic, leaving the analyst with a degree...

Construction 2017: Discussion

Construction 2017: DiscussionWho’s Who Legal brings together Erin Miller Rankin at Freshfields and Andrew Ness at Jones Day to discuss issues facing construction lawyers and their clients in the industry today, including the rise in construction costs, the effects of global political uncertainty and the growing number of sector-related disputes. Globally,...

The UK's Place in the World

The UK's Place in the World By Global Restructuring Review London has been a leader in international rescue culture since the Insolvency Act came into effect in 1986. But with Brexit on the horizon and other jurisdictions catching up (particularly in the EU and Asia) what lies in store for the UK’s future as a cross-border restructuring hub? In November...

Deals

Global M&A Activity Predicted to Increase in First Half of 2017

The Intralinks Deal Flow Predictor, an indicator of future mergers and acquisitions (M&A) announcements, with a proven track record for accuracy, forecasts a six percent increase in the total number of M&A deals announced globally in 1H 2017 compared to 1H 2016, setting a new record for annual first half global announced deal count.“The fact that...

Could protectionism stop your dealmaking? - Intralinks Deal Flow Predictor report released

The Intralinks Deal Flow Predictor forecasts the volume of future merger and acquisition (M&A) announcements by tracking early-stage M&A activity – sell-side M&A transactions across the world that are in the preparation stage or have reached the due diligence stage. These early-stage deals are, on average, six months away from their public announcement.Along...

​Elementis significantly increases the scale of its personal care business with US$360 million acquisition of SummitReheis

Acquisition adds a high quality business with significant potential for further growth in the attractive personal care segmentElementis plc (“Elementis” or the “Group”) today announces that it has entered into an agreement to acquire SRLH Holdings, Inc. (“SummitReheis”) from an affiliate of One Rock Capital Partners, LLC (“One Rock”)...

Global M&A is having a moment with best start to year since 2000

With pent-up demand from 2016 and the challenges of an unpredictable U.S. administration ahead, companies seeking to get deals done kicked off this year with a bang.Global M&A activity amounted to $224 billion in January, the highest volume since 2000 in the first month of the year, according to data compiled by Bloomberg. For the first time since 2008,...

Mourant Ozannes advises East African mining company on LSE main market listing

Mourant Ozannes' Guernsey corporate team has advised on the successful admission to trading by way of placing of Rainbow Rare Earths Limited (Rainbow Rare Earths), an East African mining company, on the Main Market of the London Stock Exchange.Rainbow Rare Earths, incorporated and registered in Guernsey and administered by Artemis Trustees Limited,...

Acq Lite

How Yoga Turns Your Bad Thoughts into Good Thoughts

You learned in grade school science class that energy can appear in either the potential or kinetic form. The electricity in the wiring of your home is available for any use you choose. When you turn a light switch to the “on” position, energy appears in the form of light. The post How Yoga Turns Your Bad Thoughts into Good Thoughts appeared first...

Blood Test Unlocks New Frontier in Treating Depression

Doctors for the first time can determine which medication is more likely to help a patient overcome depression, according to research that pushes the medical field beyond what has essentially been a guessing game of prescribing antidepressants. A blood test that measures a certain type of protein level provides an The post Blood Test Unlocks New Frontier...

Corruption Money Seized From Ex-Governor to Pay Backlog of Employee Wages

Though Brazil is well known for its corruption and impunity, state employees are rejoicing over the reclamation of government funds from the former Governor of Rio de Janeiro. Ex-Governor Sergio Cabral is being forced by justice to return $100 million worth of corruption money that he collected over the course The post Corruption Money Seized From...

Boy Saves Mom’s Life By Doing the Opposite of What She Said

Kids are taught to do what their parents tell them to do – but in this case, it’s good that Camdyn Smith didn’t follow his mother’s orders; otherwise she may not be alive today. Camdyn returned to his home in Sedro-Woolley, Washington after school earlier this month to find his mother The post Boy Saves Mom’s Life By Doing...

Women Rebuilding Gaza Brick by Brick Out of City’s Old Ashes

These two female engineers are stopping at nothing until they literally rebuild their city straight from the ashes. Since Gaza has endured three wars in six years, Majd Mashharawi has watched her home city crumble in Palestine. Majd, who works as a civil engineer, started thinking about ways that she could efficiently The post Women Rebuilding Gaza...