Abraaj CEO not to blame for its collapse, lawyer says  

Abraaj CEO not to blame for its collapse, lawyer says  

The lawyer for embattled private equity CEO Arif Naqvi says his client is not to blame for the collapse of his Abraaj investment fund, but admits that the scandal has done “some damage” to the reputation of Dubai. “There has been some damage, definitely,” Habib Al Mulla, executive chairman of Baker & McKenzie Habib Al […]

Revolut CEO Nikolay Storonsky, N26 CEO Valentin Stalf and Monzo CEO Tom Blomfield talk at TechCrunch Disrupt Berlin 2017.

How the Lehman Brothers collapse led to a wave of fintech banks

The collapse of Lehman Brothers 10 years ago wasn’t just a reckoning for the financial system — it was an epiphany for coders and entrepreneurs who thought they could do better. Lehman’s shuttering not only stunned nervous bankers, investors and savers. It sent shockwaves throughout the global economy; a symbolic fall from grace for one […]

Ishant Sharma’s Three Wickets Trigger England’s Collapse

The hosts were going strong at 133-1 when Bumrah dismissed Cook and Joe Root (0) in successive balls in the 64th over and then Ishant removed Jonny Bairstow (0) in the next over to reduce the hosts to 134-4.     Moeen Ali tried to resurrect England’s innings with a patient 50 off 170 balls but […]

Hardik Pandya Sparks England Collapse As India Take Control On Day 2

After tea, opening duo of Shikhar Dhawan (44) and KL Rahul (36) looked to build on India’s advantage by making another cautious start. Rahul, in particular, was aggressive as he hit seven fours and scored at 100-plus strike rate during his 33-ball stay.  Dhawan, on the other end, was a bit more watchful as the […]

The collapsed Morandi Bridge is seen in the Italian port city of Genoa August 14, 2018. 

Italy enters blame game after bridge collapse killed dozens

The current government, a coalition between the far-right Lega and the leftist Five-Star Movement (M5S), is nearing a critical point with its first budget in office due before mid-October. The financial plan will be critical to understanding the relationship between the two parties, how they might conflict with the EU, and whether investors think their […]