International

Headlines

Aramco is both the oil sector’s Goliath and a firm vexed by problems

IN THE HEADQUARTERS of the world’s most profitable company, past its heavily guarded perimeter, down a road, through another security gate, out of the blazing sun and into a cool office building sit box after box of rocks. They are samples of anhydrite, shale, dolomite and grainstone, retrieved from kilometres below ground. A block of grainstone looks...

Narendra Modi must reassure Indians that he is committed to democracy

IN A small town in Gujarat in the early 1960s, the teenage son of a local grocer staged a school play. It was about a Dalit mother whose son falls ill. No doctor will treat the “untouchable” child. Even a priest shoos away the woman when she begs for the flowers that worshippers offer to the gods, which are said to have healing powers. At last he...

Mr Modi must reassure Indians that he is committed to democracy

IN A small town in Gujarat in the early 1960s, the teenage son of a local grocer staged a school play. It was about a Dalit mother whose son falls ill. No doctor will treat the “untouchable” child. Even a priest shoos away the woman when she begs for the flowers that worshippers offer to the gods, which are said to have healing powers. At last he...

India’s foreign policy remains cautious and unimaginative

INDIA STAYED aloof during the cold war, happy to be the flag-bearer for non-aligned nations. With the rise of China and the retreat of America transforming international relations, and with India’s growing sense of its destiny as a soon-to-be great power, some observers believed its foreign policy might change, too. Yet Narendra Modi has struggled...

The Indian prime minister must reassure Indians that he is committed to democracy and pluralism

IN A SMALL town in Gujarat in the early 1960s, the teenage son of a local grocer staged a school play. It was about a Dalit mother whose son falls ill. No doctor will treat the “untouchable” child. Even a priest shoos away the woman when she begs for the flowers that worshippers offer to the gods, which are said to have healing powers. At last he...

Finance

A Milk Giant Goes Broke as Americans Quit Old Staples

When Dean Foods was founded in the 1920s, milkmen still delivered pints to homes across the country and a glass of milk was considered a nourishing part of any meal. Nearly a century later, milk is quickly falling out of fashion, and Dean Foods has found itself unable to compete as plant-based and lactose-free alternatives become more popular.The largest...

MSNBC’s Surprise Guest: George Conway, Husband of Kellyanne

Even in television news, a little stunt casting can’t hurt.MSNBC turned heads on Wednesday when, minutes before the House impeachment hearings got underway, the network announced a surprise guest: George T. Conway III, the conservative lawyer and husband of President Trump’s White House counselor, Kellyanne Conway.Little known outside legal circles...

Jeffrey Epstein’s Estate May Set Up a Program to Pay Accusers

Lawyers for Jeffrey Epstein’s estate are considering setting up a program to resolve claims filed by women who say they were abused by the financier, who killed himself in August while facing federal sex trafficking charges.The plan was disclosed in a court filing on Tuesday by a lawyer for one of Mr. Epstein’s accusers, who is suing the estate...

Texting While Walking is Dangerous. Here’s How to Stop.

You’re walking around and a thought occurs: “I should check my phone.” The phone comes out of your pocket. You type a message. Then your eyes remain glued to the screen, even when you walk across the street.We all do this kind of distracted walking, or “twalking.” (Yes, this term is really a thing.)The behavior has spawned debates among lawmakers...

Carl’s Jr.’s Marketing Plan: Pitch Burgers, Not Sex

For years Carl’s Jr. tried to get attention by following an old advertising adage: Sex sells. The fast-food chain’s commercials featured Heidi Klum licking a burger, Kim Kardashian lounging in a bubble bath and Paris Hilton in a revealing swimsuit washing a Bentley. It even trolled critics with a defiant statement: “We believe in putting hot models...

Legal

United Arab Emirates Financial Centers Enhance Economic Security and Business Viability

In an earlier post, here, we examined Law No. 20 of 2018 on Anti-Money Laundering and Combating the Financing of Terrorism and Illegal Organizations, the new Federal AML Law enacted by the United Arab Emirates (“UAE”) to ensure best practice anti-money laundering and counter-terrorist financing measures. In this post, we consider how the UAE’s...

New Antitrust Strike Force Focuses on Government Contracts

A new strike force of federal and state investigators is targeting antitrust violations in government procurement. The strike force consists of investigators from a variety of agencies who will receive special training in detecting and prosecuting antitrust agreements. The strike force seeks to increase both criminal and civil enforcement actions. Expanded...

Are You Ready for Ransomware?

Malicious actors want to take your data.  When they have it, they will make you pay to get it back.  Learn about ransomware and how to prepare against it with this informative and practical  client alert.  … Continue Reading The post Are You Ready for Ransomware? appeared first on The Anticorruption Blog. Read More

How to Survive a Congressional Investigation

Learn from the experts how you and your organization can navigate a congressional investigation from start to finish.  Our webinar on Tuesday, November 19, will help you understand the basics of a congressional investigation and what is required to avoid irreparable harm to business or reputation. Margaret Daum, partner and former Staff Director...

So You Think Tailored FCPA Training Does Not Matter? – Think Again

Ask the bank that just paid the SEC more than $ 6 million for failing to adequately train its Asia Pacific Region (APAC) personnel on antibribery with respect to hiring practices.  The bank had policies against hiring personnel in exchange for business, but, according to the SEC’s order, the company “failed to effectively train APAC...… Continue...

Deals

Seequent continues investment in innovative geoscience technology for world’s major resource challenges Minalytix partnership and minority shareholding demonstrates Seequent’s commitment to advancing solutions to help customers solve challenges within mining and applied geosciences

Minalytix partnership and minority shareholding demonstrates Seequent’s commitment to advancing solutions to help customers solve challenges within mining and applied geosciences Seequent, a world leader in the development of geoscience analysis, modelling and collaborative technologies, continues its investment in geoscience technology and innovation...

Qualitest announces investment from Bridgepoint for Majority Stake

World’s largest independent software testing and quality assurance company will use investment to accelerate global acquisition strategy and product development Qualitest, the world’s largest pure-play outsourced software testing and quality assurance specialist, announced today that Bridgepoint, an international private equity group, has...

Accountants reveal how AI will change deal-making - forever

The ability to predict and shape the long term success of global takeovers is often seen as the “holy grail” for CEOs, investors and their advisors. A new report from chartered accountancy body ICAEW and Drooms, a leading data solutions company, reveals that some key decision making may soon be taken away from humans and guided instead by the application...

US dominates global M&A securing nine out of ten of the largest 1H19 deals

Mergermarket publishes its Q2 2019 global report London, United Kingdom 2nd July 2019: Mergermarket, the leading provider of M&A data and intelligence, has published its Q2 2019 report in which all but one of the ten largest deals targeted US-based companies, six of which were the result of domestic consolidation. Amid heightened geopolitical...

Uber to acquire Careem to expand the greater Middle East regional opportunity together

Careem to become a wholly-owned subsidiary of Uber, operating as an independent company under the Careem brand and led by Careem foundersOpportunity for both companies to rapidly expand and capitalise on the region’s underpenetrated mobility opportunity and growing digital economy Transaction would be largest-ever technology industry transaction...

Acq Lite

At World’s Biggest Dog Show, Pups That Give New life to Disabled Owners

EDITOR’S NOTE: This news is courtesy of iCopyright, so GNN has no control over the ads. Please remember we do not endorse the advertisements. The post At World’s Biggest Dog Show, Pups That Give New life to Disabled Owners appeared first on Good News Network. Read More

Stranger Sets Off Incredible Chain of Good Deeds That Saved 6 Lives

Six lives were saved at a hospital this week, and it is all thanks to one woman's decision to “be selfless for a day”. The post Stranger Sets Off Incredible Chain of Good Deeds That Saved 6 Lives appeared first on Good News Network. Read More

10 Things I Wish I Would Have Told My Kids

Mindfulness is the ability to pay attention to your current experience—both the internal and external—without judgment. Practicing mindfulness allows us to make wiser choices and pursue healthier and more beneficial avenues in life. Had I learned them earlier in life, I would have taught my kids the valuable life lessons that I’ve gleaned from...

DIY or Die: How an Industrious Outback Nurse Diagnosed His Own Heart Attack and Stayed Alive

The nurse was stationed at his medical outpost 100 miles away from the nearest hospital when he realized that he was about to have a heart attack. The post DIY or Die: How an Industrious Outback Nurse Diagnosed His Own Heart Attack and Stayed Alive appeared first on Good News Network. Read More

Daily Dose of Cute: Dachshund Shows Off Skills by Maneuvering Maze of Plastic Water Bottles

If you’re mourning the end of the Winter Olympic Games in Pyeongchang, you might like these games of skill involving a long-haired Dachshund. Takao showed off his thinking abilities earlier this week when he successfully maneuvered a maze of plastic water bottles that was erected by his owner. In the videos posted to his Instagram page, the...