Abraaj, a private-equity firm, files for provisional liquidation

UNTIL recently the Abraaj Group, a private-equity firm based in Dubai, was riding high. It was one of just a few such firms focused on emerging markets, and a darling of “impact investors”, who seek social or environmental returns, not just financial ones. Assets under management of $ 13.6bn made it the largest private-equity firm in the More...

by SLPundit | Published 19 mins ago
By SLPundit On Tuesday, June 19th, 2018
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Do Britain’s railways need a Fat Controller?

ON MAY 20th, the biggest changes to train timetables in modern British history took place, affecting commuters and business travellers across the country. In the weeks beforehand, the train-operating companies More...

By SLPundit On Monday, June 18th, 2018
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How to make your own financial plan in 8 easy steps

A financial plan is a road map to help guide you to a better future. Not limited to just budgeting or investing, a good financial plan will help you navigate your way through all of life’s major financial More...

By SLPundit On Monday, June 18th, 2018
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How much should an airline pay for bumping a passenger? Now you can have your say

Remember when 69-year-old Dr. David Dao refused to give up his seat on a United Airlines flight in Chicago and was dragged off the plane to make room for airline employees? A video of the bloodied man went viral More...

By SLPundit On Monday, June 18th, 2018
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Daydreaming about a joint vacation? Set some boundaries first

By Lesley-Anne ScorgiePersonal finance Mon., June 11, 2018 Two years ago I went on a group vacation with nine other people into the Muskokas. On day one, it was blissful: warm temperatures, great views, wonderful More...

By SLPundit On Friday, June 15th, 2018
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Google runs into more flak on artificial intelligence

DISCOVERING and harnessing fire unlocked more nutrition from food, feeding the bigger brains and bodies that are the hallmarks of modern humans. Google’s chief executive, Sundar Pichai, thinks his company’s More...

By SLPundit On Friday, June 15th, 2018
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Trends in extortion payments by companies to Italy’s Mafia

THE toll of “pizzo” protection payments made by firms to Sicily’s Mafia is closely monitored. Nearly half pay up these days, according to estimates from the Confartigianato, a national business More...

By SLPundit On Thursday, June 14th, 2018
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A new breed of German startups

At a rooftop bar in Berlin on May 29th, the glitterati of Germany’s startup scene toasted a new arrival. Silicon Valley Bank, a commercial lender which counts as customers half of American startups that went More...

By SLPundit On Thursday, June 14th, 2018
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Can refugees help to plug Europe’s skilled-labour gaps?

THE canteen of Stockholm University could scarcely be more Swedish. Young blond students sip coffee and tap away on Macs. In room 3.89, an outpost of the campus, is another, newer Sweden. Refugees, all of them More...

By SLPundit On Monday, June 11th, 2018
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Mercedes-Benz starts subscription pilot from $1,095 a month

By Bloomberg Mon., June 11, 2018 Daimler AG’s Mercedes-Benz is starting a car-subscription pilot in two U.S. cities, joining brands from Jeep to Porsche in testing alternatives to traditional vehicle More...