Eversheds Sutherland has advised Baird Capital, the direct investment arm of Baird, on its investment in Aura Futures (Aura), a leading provider of workspace technology solutions to mid to large-size enterprises operating in over 60 countries...

Eversheds Sutherland has advised Investment House Q.P.S.C. (“IH”), one of the leading investment banks and asset managers in Qatar, in connection with the first private fund in the country to invest in the alternative asset class of commercial shipp...

Introduction The Charities (Protection and Social Investment) Bill 2015 (“the Bill”) is currently before Parliament. The Bill is relatively short and deals with two areas in particular: i) the powers of charities to make social investmen...

A notice was published in the government gazette on 30 March 2020, in terms of which the minister of transport (the “Minister”) has, in terms of section 18(7) of the National Road Traffic Act (No. 93 of 1996), extended the licensing and ...

Rovers boss Tony Mowbray admits he would like to be successful for the Owners, who have expressed their care and concern for club staff throughout the current crisis. The manager has remained in regular contact with the Owners since the season was suspended in mid-March due to the Coronavirus outbreak. He...

Jay Collins is Vice Chairman Banking, Capital Markets and Advisory, Citigroup*

The post Only Sustainable Investment & Global Cooperation Can Counter COVID’s Blow to SDGs appeared first on Inter Press Service.

In an abrupt about-face, the Justice Department on May 7 said it is dropping the criminal case against President Donald Trump’s first national security adviser, Michael Flynn, abandoning a prosecution that became a rallying cry for the president and his supporters in attacking the FBI’s Trump-Russia investigation.

In recent years there has been a marked change in attitude towards foreign investment screening. A range of jurisdictions globally have taken steps to strengthen their ability to review and actively intervene in transactions. Most recently, the EU p...

New regulations on foreign investment in France were published on January 1, 2020. These texts make numerous changes to the legal framework for investment control in France. Financial relations between France and foreign countries are, in principle,...

There has been a growing global trend in recent years to strengthen foreign investment control mechanisms, most notably led by CFIUS in the US, and AWV in Germany. In our latest articles, we address the new developments in Germany and France, set to...

The restrictive measures on the movement of people to slow the spread of COVID-19 pose specific legal issues for UK Investment Trusts, which are just entering into the reporting and Annual General Meeting (AGM) season.  AGMs have traditionally ...

  The Coronavirus (COVID-19) outbreak is causing disruption to businesses and markets across sectors and jurisdictions. In this briefing we offer some practical tips for borrowers, treasury departments and customers in relation to loans and oth...

In an abrupt about-face, the Justice Department on Thursday said it is dropping the criminal case against President Donald Trump’s first national security adviser, Michael ...

Six critically ill coronavirus patients in Israel who were considered high-risk for mortality were treated with Pluristem and survived.

How to approach Christmas with a Christ-honoring attitude is a vexing question for many believers. Should we embrace the various traditions or be antagonistic toward them? Should we vigorously participate or cautiously hesitate?

We can understand why the world is so apt to overlook the rest of Christ’s incarnation at Christmas. But are we, as God’s people, any better? Are we faithfully contemplating and celebrating the Lord in His fullness? Or are we, like the world, too caught up in the seasonal festivities to consider the rest of the story when it comes to Christ’s birth?

Chinese scientists say they have identified two antibodies that could be candidates for a cocktail treatment for patients with different strains of the coronavirus.The antibodies were found to work together as a team to prevent the virus from latching onto a host cell, in a study led by Chinese Centre for Disease Control and Prevention director George Fu Gao with collaborators from across the country.They said that even a mutant strain was likely to be neutralised because the antibodies…

This story is published in a content partnership with POLITICO. It was originally reported by Kyle Cheney and Josh Gerstein on politico.com on May 7, 2020.The US Justice Department has abandoned its prosecution of President Donald Trump’s former national security adviser Michael Flynn, throwing in the towel on one of the most prominent cases brought by Special Counsel Robert Mueller.Flynn pleaded guilty in 2017 to lying to the FBI about his dealings with the Russian ambassador to the US.But…

The Indonesian government said on Thursday it was seeking clarification and investigation from the Chinese and South Korean governments over the deaths of four Indonesian seamen working on a Chinese longliner.The request follows South Korean media reports quoting Indonesian crew members of Chinese-flagged Long Xing 629 tuna longliner as saying their crewmates were denied medical treatment and subjected to physical abuse.Foreign Minister Retno Marsudi told a press conference that she spoke with…

The commitment of students in bringing people together will be the focus of the 39th annual Student of the Year Awards organised by the South China Morning Post.With the theme “Leading for a better society”, two new awards this year include a special prize for the most nurturing environment, which will go to a school and its students, and another for mentorship.A total of 11 awards in nine categories, including science, maths, languages, sports, and visual and performing arts, will be presented…

Bomet Governor, Isaac Ruto who was being treated for injuries at Nairobi Hospital after clashes with police will be transferred a hospital in South Africa, a report says..

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LAHORE: Robbers shot at and injured a woman at an ATM and made off with cash from her in the Model Town police limits Friday. The robbers intercepted the woman and demanded cash and on resistance,...

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The death of a 5-year-old New York boy is challenging assumptions that children are less susceptible to COVID-19 complications, Gov.

ISLAMABAD: A senior member of the Prime Minister’s Office has approached the Federal Ombudsman over the ‘extreme injustice’ of out of turn allotment of second residential plots in the federal capital to a selected few in the bureaucracy in a non-transparent and unjust manner.The...

ISLAMABAD: A senior member of the Prime Minister’s Office has approached the Federal Ombudsman over the ‘extreme injustice’ of out of turn allotment of second residential plots in the federal capital to a selected few in the bureaucracy in a non-transparent and unjust manner.The...

ISLAMABAD: A senior member of the Prime Minister’s Office has approached the Federal Ombudsman over the ‘extreme injustice’ of out of turn allotment of second residential plots in the federal capital to a selected few in the bureaucracy in a non-transparent and unjust manner. The...

Investment in renewable energy around the world is entering a new phase that will require governments and the private sector to re-think the way they develop projects.

The National Intelligence Service here said Wednesday that North Korean leader Kim Jong-un did not have any heart treatment as widely rumored before he resurfaced last week.In a closed-door briefing to lawmakers, the NIS said Kim is believed to have conducted state affairs even when he was out of th...

The Federal Urdu University of Arts, Science, and Technology on Thursday held its 42nd senate meeting at the Governor House Sindh.The online meeting was chaired by President of Pakistan Dr Arif Alvi, who is also the varsity’s chancellor. The meeting approved the nomination of two faculty...

ADB has a vacancy for the position of Principal Investment Specialist in the Private Sector Operations Department. The deadline for submitting applications is on 22 May 2020.

Even though the central government issues strict regulation policies, it is the local governments’ discretion to adjust and enforce compliance.

TOKYO: Japan on Thursday approved Gilead Sciences Inc’s remdesivir as a treatment for Covid-19, making it the country’s first officially authorised drug to tackle the coronavirus disease.

Japan reached the decision just three days after the US drugmaker filed for fast-track approval for the treatment.

“There has so far been no coronavirus medicine available here so it is a significant step for us to approve this drug,” a Japanese health ministry official said at a press briefing. Remdesivir will be given to patients with severe Covid-19 symptoms, he added.

With no other approved treatments for Covid-19, interest in the drug is growing around the world. Administered by intravenous infusion, it was granted authorisation last week by the US Food and Drug Administration for emergency use for the disease caused by the novel coronavirus.

Gilead says the drug has improved outcomes for people suffering from the respiratory disease and has provided data suggesting it works better when given in the early stages of infection.

Japan, with just over 16,000 infections and under 800 deaths, has recorded fewer cases than other major industrialised nations.

However, a steady rise in cases has put pressure on medical facilities in some parts of the country, and a drug that helps patients recover more quickly could help in freeing up hospital beds.

A trial performed by the US Institutes of Health (NIH) showed the drug cut hospital stays by 31 per cent compared with a placebo treatment, although it did not significantly improve survival.

On Monday, Japanese Prime Minister Shinzo Abe extended a month-long state of emergency until the end of May in an attempt to slow the spread of the coronavirus.

Japan as yet does not know when it will get its first doses of remdesivir or how much, the health ministry official said.

Gilead on Tuesday said it was in discussion with several companies, including generic drugmakers in India and Pakistan to produce remdesivir in large quantities.

Remdesivir, which previously failed as a treatment for Ebola, is designed to disable the ability by which some viruses make copies of themselves inside infected cells.

Published in Dawn, May 8th, 2020

A llama called Winter could prove useful in the hunt for a treatment for Covid-19, according to US and Belgian scientists who have identified a tiny particle that appears to block the new coronavirus.

The scientists, from Belgium’s VIB-UGent center for medical biotechnology and the University of Texas at Austin, published research on Tuesday in the journal Cell, with the llama in Belgium central to their studies.

The group began four years ago looking into antibodies that might counter the Sars virus, which spread in 2003, and the Mers virus that flared up in 2012.

“The work was a side project in 2016. We thought maybe this was interesting,” said Xavier Saelens, joint leader of the Belgian part of the collaboration. “Then the new virus came and it became potentially more crucial, more important.”

Winter, the llama, was given safe versions of the Sars and Mers viruses and samples of its blood were later taken.

Llamas and other members of camel family are distinct in creating standard antibodies and smaller antibodies, with which scientists can more easily work.

The Belgian part of the research team, also led by Bert Schepens, identified fragments of the smaller antibodies, known as nanobodies, to see which bound most strongly to the virus.

Saelens describes the new coronavirus as the cousin of the Sars virus. Both have a corona, or crown, shape with protein spikes, onto which an antibody can latch.

The team intend to begin tests on animals, with a view to allowing trials with humans to begin by the end of the year. Saelens said negotiations were under way with pharmaceutical companies.

The research is not the first into nanobodies derived from camels or llamas. French group Sanofi paid 3.9 billion euros ($4.23 billion) in 2018 to buy Ghent-based nanobody specialist company Ablynx.

The Justice Department on Thursday said it is dropping the criminal case against President Donald Trump's first national security adviser, Michael Flynn, abandoning a prosecution that became a rallying cry for the president and his supporters in attacking the FBI's Trump-Russia investigation.

CHENNAI: City builder Ceebros has started pulling down the unfinished JW Marriott Hotel in the city, which it had bought from Hyderabad-based Viceroy Hotels for 480 crore last year. Viceroy group sold the property in MRC Nagar after completing the shell of the hotel because the hospitality sector in Chennai is going through a serious crisis with low occupancy in most five-star hotels. With more than half a dozen new star hotels being opened in the city in recent years, there is very high room inventory and hotels are struggling for business, say industry sources. Ceebros is pulling down the unfinished J W Marriott structure to redevelop it into a […]

CHENNAI: Strong English speaking skills and a wide mix of industries that promotes cross pollination of work culture has made Chennai one of the top 12 cities in the world for real estate investments. This is the first global recognition the city has received; it is also the lone Indian city on the list. The Candy GPS Report, published on Friday, identifies 12 cities around the globe with the potential to show strong residential property price growth in the next few years. The report — produced by Candy & Candy, Savills World Research and Deutsche Asset & Wealth Management — said, “Prices in these rising cities are generally much lower […]

Alastair Hughes, CEO (Asia Pacific) of Jones Lang LaSalle (JLL), who was in Bangalore to hold a board meeting of the Asia Pacific region comprising China, Japan, Australia, South East Asia and India, spoke to BusinessLine to share the real estate market sentiment and key issues on corporate leasing. How is the realty market in India as compared to other countries in Asia Pacific ? India has seen a dramatic recovery. The hangover did not last very long as it had in 2010-2011. The market is very dynamic here right now. While Asia-Pacific began to recover in 2012-2013, India went through a lull, largely due to lack of business confidence, […]

The government of Indonesia wanted to improve land and water management in the Citarum River Basin, and requested assistance from the Asian Development Bank (ADB) to develop a long-term integrated water resources management (IWRM) investment program as part of its strategic road map. In December 2008, ADB approved a multitranche financing facility (MFF) for the Integrated Citarum Water Resources Management Investment Program to support the implementation of the IWRM road map in the basin. A periodic financing request was formulated to implement priority activities from the road map.

In December 2006, the Asian Development Bank (ADB) approved a $900.0 million equivalent multitranche financing facility (MFF) for the Punjab Irrigated Agriculture Investment Program (PIAIP) to finance improvements to Punjab’s irrigation sector. At the same time, two loans for tranche 1 totaling $227.8 million equivalent were approved using the MFF for $217.8 million equivalent from ADB’s ordinary capital resources and $10.0 million equivalent from ADB’s Asian Development Fund (ADF).

The government requested financing from the Asian Development Bank (ADB) to support the National Highway Authority (NHA) in constructing new roads and improving existing ones along the backbone from Peshawar to Karachi, to Gwadar Port in Baluchistan, as well as connections between Pakistan and the People’s Republic of China. Following the completion of loan preparatory activities in May 2007 and loan negotiations in October 2007, the ADB Board in December 2007 approved a multitranche financing facility (MFF) for $900 million to support the NTCIP–Tranche 1.

The Highlands Region Road Improvement Investment Program, a multitranche financing facility (MFF), aimed to ensure the maintenance of the Highlands Core Road Network, comprising 2,500 kilometers (km) of major national and provincial roads. The MFF is funded through three tranches. The first tranche (Project 1) had six components. The physical component was improvements to 211 km of national roads. Two components supported the Department of Works (DOW) and the National Roads Authority (NRA) in project implementation.

The Madhya Pradesh Power Sector Investment Program in India was a multitranche financing facility (MFF) designed to support Madhya Pradesh state’s sustainable economic growth and social development by investing in the statewide power transmission and distribution networks. The MFF supported the state government in expanding its power transmission, distribution, and management infrastructure and capacity.

ADB has a vacancy for the position of Investment Specialist in the Private Sector Operations Department. The deadline for submitting applications is on 18 May 2020.

ADB has a vacancy for the position of Principal Investment Specialist in the Private Sector Operations Department. The deadline for submitting applications is on 22 May 2020.

ADB today signed a $60 million loan deal (in Chinese Yuan equivalent) with Maxwealth Financial Leasing Co., Ltd. to improve municipal and industrial wastewater treatment capacity and standards in the People’s Republic of China...

This document outlines the investment principles and eligibility criteria that will guide the selection of projects to be supported by the ASEAN Catalytic Green Finance Facility (ACGF).