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Report Ties Kenyan Army to Militants’ Smuggling

KAMPALA, Uganda — The Kenyan military, a partner of the United States in eastern Africa and a force in fighting Islamist militants in Somalia, has been making money on smuggling alongside those militants for years, according to a new report. The report, published by the Kenyan watchdog group Journalists for ...

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Reverie Saigon welcomes Italian president Sergio Mattarella

Italian President Sergio Mattarella, accompanied by his daughter Laura Mattarella and Italian Minister of Economic Development Federica Guidi and a delegation of high-ranking Italian officials, paid a state visit to Vietnam from November 5 and 8. The visit was to enhance the strategic partnership between the two countries in various ...

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Square Sticks to Script as It Prepares for Market Debut

The hundreds of investors who attended Square’s initial public offering marketing lunch on Wednesday could have asked management the tough questions. They could have sought clarity on how the payment start-up’s chief executive, Jack Dorsey, would achieve profitability while splitting his time as the chief executive of Twitter. They could ...

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Dizzying Ride May Be Ending for Start-Ups

SAN FRANCISCO — The worth of hot technology start-ups seemed for years to go in only one direction: straight up. Now there are signs of growing unease over the dizzying valuations of some of the most richly priced private companies. The latest sign has emerged with one such favorite, Snapchat, ...

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Vietnam picks 8 coastal economic zones for development focus

 Phu Quoc Island in the Mekong Delta Province of Kien Giang is one of the eight economic zones which will receive the government’s funding for its infrastructure development in 2016-2020 The Vietnamese government has identified eight economic zones along the city coastal areas whose development will be a focal point ...

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DealBook: Ackman’s Enigmatic Investment Philosophy

Andrew Ross Sorkin DEALBOOK William A. Ackman, the activist investor, has described his billion-dollar bet and continuing crusade against the nutritional supplements company Herbalife as a “moral obligation.” In at least one presentation, he nearly cried onstage and said that if his Herbalife trade was successful, he would give the ...

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Vietjet receives its 29th aircraft

Today, Vietjet’s brand-new aircraft, an A321 (coded VN-A665), landed at 8:30AM local time at Ho Chi Minh City’s Tan Son Nhat International Airport, Ho Chi Minh City after flying from Hamburg in Germany. The aircraft – an A321ceo with Sharklet wingtips – is the tenth of the milestone agreement between ...

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Hollywood Is Producing Higher Highs, Lower Lows

For months, American moviegoers have either been going big or staying home. And if they keep behaving that way, 2015 may set new marks for both hits and misses — while leaving a hole in the middle, where Oscars are typically born. “Spectre,” the latest James Bond thriller, took in ...

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