Headlines

Americas

Leaked recordings are trouble for Michel Temer

When will it end? UNTIL now, Brazil’s president, Michel Temer, has personally avoided the scandals that have engulfed his administration. The supreme court has authorised investigations into eight members of his cabinet, as well as 24 senators and 39 lower-house deputies for allegations related to the vast scandal centred on Petrobras, the state-controlled...

Deadline pressure for Colombia’s peace agreement

THE Tierra Grata encampment in the foothills of the Perijá mountains overlooks vast cattle ranches around the city of Valledupar. If the FARC guerrillas were still waging war on the government of Colombia, it would be the perfect spot from which to dominate this north-eastern area. But the 160 members of the FARC’s 41st and 19th fronts who occupy...

A journalist slain

At least four Mexican journalists have been killed this year for their reporting, according to the Committee to Protect Journalists (CPJ). Since 2007 66 have died violently. On May 15th unknown assassins murdered one of the finest, Javier Valdez, in the state of Sinaloa. Mr Valdez was a co-founder of Ríodoce, a weekly publication that covers corruption...

Ecuador waits for Lenín Moreno

IN A burst of hyperbole and historical confusion, Rafael Correa compared the run-off election in Ecuador last month to “the battle of Stalingrad” in which his left-wing government was “fighting against the global right wing”. Yet the outcome was far from the rout achieved on the Russian steppes: rather, Mr Correa’s candidate, Lenín Moreno,...

Venezuela’s crisis spills over

YOU find them driving taxis in Buenos Aires, working as waiters in Panama or selling arepas (corn bread) in Madrid. The number of Venezuelans fleeing hunger, repression and crime in their ruptured country grows by the day. For years, Latin American governments kept quiet as first Hugo Chávez and then his successor, Nicolás Maduro, hollowed out...

Asia Pacific

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...

X-ELIO closes the financing process for two new photovoltaic plants in Japan

The group achieves the necessary funds for the start-up of two new solar parks in Japan: Tsurusu and Shiroishi.Both PV power stations will be located at Miyagi Prefecture. Tsurusu Park will have a capacity of 38 MW and Shiroishi will reach 28 MW.The plants are expected to start producing energy in the second half of 2018.With both parks, the X-ELIO...

Hindalco raises ₹3,350 crore via QIP

Hindalco Industries, an Aditya Birla group company, has raised ₹3,350 crore through issue of shares under qualified institutional placement, largely to pay back high-cost debt and invest in value-added aluminium and copper products. The capital-raising committee of the company’s board met here on Thursday and approved the proposal to allot 17.68...

Survey by MVision and London Business School reveals private equity’s attitudes to Chinese outbound acquisitions

Chinese money to heat up M&A in next 12 months Report released by MVision Private Equity Advisers and the London Business School reveals private equity’s attitudes to Chinese outbound acquisitionsPrivate equity firms expect to face more competition from Chinese buyers over the next 12 months across multiple sectors, with healthcare expected to see...

Strong year forecast for Asia Pacific M&A

Optimism is high for M&A in Asia Pacific following a solid 2016, Herbert Smith Freehills says.“2016 presented Asia Pacific’s dealmakers with a range of challenges including low commodity prices, volatile capital markets in some parts of Asia, a new US administration, along with the global shock of Brexit," commented Andrew Pike, Herbert Smith Freehills’...

Europe

Hugh Dorins to lead SIA Group Property Services Division

SIA Group is uniquely placed to offer Asset Based Lenders, Financial Sponsors and Restructuring Practitioners a fully independent, in-house, multi-asset, turn key solution.    Leading independent asset valuation, advisory and disposal business, SIA Group, has appointed Hugh Dorins to lead its new Property Services Division, which will...

SIA Group opens Southampton office

SIA Group, a leading asset valuation, asset advisory and asset disposal business has announced the opening of a Southampton office further expanding its operations across the UK. The office located at Enterprise House, Ocean Village, Southampton SO14 3XB will be staffed by an initial four strong local team of asset valuation,advisory and disposal...

Dow Jones VentureSource 1Q’17 Europe Venture Capital Report

VENTURE CAPITAL REPORT: The following report presents Dow Jones VentureSource’s quarterly findings for European venture capital fundraising, investment, valuation, and liquidity. The included charts and graphs offer a comprehensive view of the trends currently affecting the venture capital market. Highlights for 1Q 2017 include: The...

​Equiniti International Payments strengthens team with six hires across the business

The leading global payments provider, Equiniti International Payments, has appointed six new members of staff as it drives forward further growth across the business.Aftab Baig joins the global payments provider as Head of FinCrime Compliance (Interim), and reports into Nick Pedersen, Managing Director. Thomas Campbell joins as Business Development...

Tikehau Capital celebrates successful listing on Euronext Paris

Market capitalisation €1.5 billionEuronext today welcomed asset management and investment group Tikehau Capital’s listing in Compartment A of its regulated market in Paris. Tikehau Capital was founded in Paris in 2004 and manages assets totalling nearly €10 billion. It has built its growth on four asset categories: private debt, real estate,...

Mena

The Car Spins. Tires Squeal. She Relaxes.

[unable to retrieve full-text content]Stacey Lee May is one of South Africa’s first female professional car spinners. Get behind the wheel with her in this 360 video.Read More

Kenya’s Struggling Uber Drivers Fear a New Competitor: Uber

NAIROBI, Kenya — James Njoroge, an Uber driver in Nairobi, earns barely $5 at the end of a grueling 10-hour workday ferrying customers through snarled traffic across the Kenyan capital. Now a new competitor is in town, threatening to undercut even these meager earnings.That rival is none other than Mr. Njoroge’s own employer.Uber in Kenya, already...

Big Game Hunter Killed by Elephant in Zimbabwe

A South African big game hunter was killed in Zimbabwe on Friday when an elephant that had been shot by another hunter fell on him.The hunter, Theunis Botha, 51, from South Africa, had been leading paying tourists on hunting trips for over three decades.He was guiding a group of hunters on Friday near a village called Gwai in western Zimbabwe, according...

For 2 Experts Killed in Congo, U.N. Provided Little Training and No Protection

Zaida Catalán was on to something, and it was making her jumpy.“Exciting development,” she scribbled in her diary in late January. “I can maybe nail this bastard. Damn!”Weeks later, Ms. Catalán, a United Nations investigator with little training and no safety equipment or even health insurance, headed into a remote area teeming with militia...

Angola’s ‘Omnipresent’ Leader Won’t Run Again. But Will He Relinquish Power?

LUANDA, Angola — A billboard in the heart of Angola’s capital, Luanda, reads like a warning to any challengers, reminding everyone of the tremendous share of votes won by President José Eduardo dos Santos in his party’s leadership race last year: 99.6 percent.As Africa’s second-longest-serving head of state, with nearly 38 years in power, Mr....