Headlines

Americas

America’s first opioid court is working well

“YOU got to be selfish. You got to do what’s best for you,” says Craig Hannah, a judge in Buffalo, New York, to the young man standing before the bench. “Yeah, I know,” replies Patrick Bruno, “It’s so hard.” Mr Hannah runs the country’s first opioid court. Mr Bruno, who has appeared before him regularly since the court opened...

Two white-shoe Republican candidates go full Breitbart

EVER since Donald Trump’s victory emboldened the Republican Party’s nativist wing, the dirtiest words with which a Republican can be tarred have not four letters, but 8 and 13: “moderate” and “establishment”. Unfortunately, those accurately describe the two Republican candidates for governors’ mansions this year. In New Jersey, Kim...

The story of Puerto Rico’s power grid is the story of Puerto Rico

Elon, where are you? IN A room beneath the smokestacks of the Aguirre steam plant in south-eastern Puerto Rico, an engineer points to a colourful poster entitled “How Electricity Arrives at Your Home”. In normal circumstances, explains Alexis Torres, burning oil turns water to steam, which spins mechanical turbines and sends energy out through...

Counties that voted for the president get more in disaster relief

“NOBODY could have done what I’ve done for Puerto Rico with so little appreciation,” President Donald Trump announced on October 8th. Boricuas, as denizens of the island are known, have yet to display the gratitude their president seeks. The islanders have been particularly galled by the contrast between his perceived slights to Puerto Rico...

The president’s indecision on health care is costly for middle-earners

INSURANCE is supposed to be about the careful management of risk. Recently, for America’s health insurers, it has had a lot to do with keeping track of President Donald Trump’s Twitter feed. On October 12th the White House announced that it would cut off payments to insurers that underpin parts of the Affordable Care Act (ACA), better known...

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

MHA MacIntyre Hudson strengthens corporate finance team

Edward Hooper to lead transaction services offering in London Top 20 UK accountancy firm MHA MacIntyre Hudson has appointed Edward Hooper as a director in its corporate finance team. With more than 10 years’ industry experience, Edward will be responsible for leading the firm’s transaction services offering in London, acting for small and...

​Ancala strengthens asset management and investment teams with two appointments

Ancala Partners (‘Ancala’), the independent mid-market infrastructure investment manager, has strengthened its infrastructure asset management and investment teams with two new appointments. Ancala has appointed Charles Herriott as Asset Manager to assist in the active management of existing investments in Ancala’s portfolio. He joins...

Bridges backs growth business Just Ask to drive better outcomes for housing association residents

Just Ask is a facilities management business that works exclusively with Housing Associations, employing nearly 450 people and serving over 50,000 homesIt is currently growing at about 40% per annum and has a market-leading reputation for outstanding customer service, social value and community engagement Bridges has taken a majority stake,...

Drooms DEALFLOW enables investors to manage multiple deals in one private centralised database

Online tool launched in the UK for the first timeAccessible from mobile, portable and desktop devices Workflow tools enable effective and secure collaboration between different parties Drooms, a leading provider of virtual data rooms in Europe, today launches Drooms DEALFLOW in the UK. Drooms DEALFLOW offers a private, cloud-based and simple to...

LeapFrog Companies Reach 100 Million People

Ten years on since founding, LeapFrog’s portfolio of companies reach 111 million people across Africa and Asia93.8 million are emerging consumers earning less than $10 PPP per day Companies achieved 43% annual revenue increase per year from time of investment. Companies grew their emerging consumer base by 67% per year Companies deliver 184 financial...

Mena

After Making Mugabe a ‘Good-Will Ambassador,’ W.H.O. Chief Is ‘Rethinking’ It

The World Health Organization’s decision to name President Robert Mugabe of Zimbabwe a “good-will ambassador” has provoked outrage from medical professionals, rights groups, opposition leaders and others who took to social media to call it an “insult” and “a sick joke.”The 93-year-old African leader, who has long faced United States sanctions...

W.H.O. Names Mugabe a ‘Good-Will Ambassador,’ and the World Balks

The World Health Organization’s decision to name President Robert Mugabe of Zimbabwe a “good-will ambassador” has provoked outrage from medical professionals, rights groups, opposition leaders and others, who took to social media to call it an “insult” and “a sick joke.”The 93-year-old African leader, who has long faced United States sanctions...

Conflicting Accounts in Niger Ambush Are Subject of Pentagon Investigation

The Pentagon is trying to determine whether American forces involved in a deadly ambush in Niger this month diverted from their routine patrol to embark on an unapproved mission, military officials said on Friday.The questions have come up because the American and Nigerien soldiers on the patrol have given conflicting accounts about whether they were...

Global Health: The Long War on Polio, as Recalled by Its Generals

Global HealthBy DONALD G. McNEIL Jr.“Coffee With Polio Experts” will not be picked up by Hulu anytime soon, but there is something compelling in these short videos put out by the Global Polio Eradication Initiative.The formula is simple: Doctors who have spent years fighting polio in the world’s most remote regions sit down over coffee with a...

Ebola’s Legacy: Children With Cataracts

FREETOWN, Sierra Leone — Hoisted onto the operating table by a nurse, Aminata Conteh, a spunky 8-year old, crossed her skinny ankles jauntily and held stock-still as doctors numbed her eye and then pierced it with a needle to withdraw a sample of fluid.Two years ago, Ebola nearly took Aminata’s life. Now, complications from it are threatening her...