August, 2017

• 21 August

  Infosys seeks new chief ‘willing to tackle changes’

  

  Bloomberg Infosys Ltd. begins the search for a new chief executive officer this week with a tough set of requirements for any candidate: The person must be capable of leading a 200,000 employee organisation, willing to tackle sweeping changes in the outsourcing industry and brave enough to drop in the middle of open warfare between the company’s board and co-founders. ...

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• 21 August

  Evergrande reclaims China property crown

  

  Bloomberg An unexplained share surge for developer China Evergrande Group on Monday saw the company blow past China Vanke Co. to reclaim the title of biggest Hong Kong-listed Chinese developer by market capitalisation. On a day when positive news for the industry included China Overseas Land & Investment Ltd. upgrading its sales target and Sunac China Holdings Ltd. predicting a ...

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• 21 August

  Ten sailors missing after US warship crash near Singapore

  

  Bloomberg Ten sailors are missing and five were injured after a US warship collided with a petroleum tanker near Singapore on Monday, the second crash involving an American naval vessel in Asia in a matter of months. Search-and-rescue efforts are underway after the USS John S. McCain collided with the Alnic MC, the US Navy said. The US Seventh Fleet ...

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• 21 August

  Buhari vows tough fight against terror

  

  Bloomberg Nigerian President Muhammadu Buhari vowed to step up the fight against the extremists and proponents of secession in his first speech after returning from three months of sick leave in London. Nigeria’s national unity is “not negotiable,” Buhari, 74, said Monday in a nationally televised address. “Terrorists and criminals must be fought and destroyed relentlessly so that the majority ...

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• 21 August

  Merkel blasts Turkey’s Interpol warrants ‘misuse’

  BERLIN / Reuters German Chancellor Angela Merkel criticised Turkey’s use of an Interpol arrest warrant to detain a German writer in Spain, telling an election town hall event on Sunday that this amounted to abuse of the international police agency. Dogan Akhanli was stopped in Spain on Saturday after Ankara issued a “red notice”. The German-Turkish writer was released on ...

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• 21 August

  Turkey sees risk of Kurds’ independence vote

  

  Bloomberg Turkey sees a real risk that Iraqi Kurds will press ahead with an independence referendum, according to an adviser to the president, a move that would defy almost unanimous opposition among neighboring states and surprise the many observers who foresee a deal with Baghdad emerging. The semi-autonomous area in the north of Iraq might create “de facto” sovereignty by ...

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• 21 August

  Moon warns N Korea against provocation during drills

  Bloomberg South Korean President Moon Jae-in warned North Korea not to use his nation’s latest round of annual military drills with the US as an excuse for any further provocations. The drills “are not aimed at raising military tensions on the Korean peninsula at all,” Moon said in a Cabinet meeting on Monday. “North Korea should never distort our efforts ...

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• 21 August

  Crucial weeks ahead as Europe leaders seek to ‘tick off boxes’

  

  Bloomberg As summer draws to a close, the European Union will seek to tick off a number of boxes from the top of its to-do list, leveraging its new-found political capital following the ascent of pro-EU leaders on the continent. Brussels will have its hands full as negotiations ramp up with the UK on its impending exit from the 28-nation ...

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• 21 August

  CEOs are fleeing from Trump because he’s useless to them

  

  One by one, some of the most important people in corporate America lined up to criticize the president of the United States. Though many of them didn’t utter Donald Trump’s name, they didn’t need to. Everyone knew they were talking about Trump’s repugnant “both-sides-are-bad” response to the violence in Charlottesville, Virginia, this past weekend. “What we saw there was domestic ...

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• 21 August

  Protest is legal, intimidation is not

  

  Morally, the only proper reaction to last weekend’s events in Charlottesville, Virginia, is outrage. Legally, the analysis has to be more nuanced. To help prevent further violence while preserving freedom of speech, we need to distinguish three categories, all of which seem to have been in play in Charlottesville: terrorism, peaceful protest and provocative action aimed at producing street violence. ...

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