Word: brokering
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...seems a little bit out of your usual line. Well, actually, I manage a couple of stock portfolios or funds or whatever you want to call 'em, and I think I've done relatively well with them. My broker says I'm in the top 1% of fund managers with the results I've been having...
...That explains why Huang, who has partnered with Chicago-based sports-industry consultant Marc Ganis to broker deals between Chinese sports companies and U.S. sports teams, is a mystery man to many in the Chinese sports world, while he's considered something of an up-and-comer in U.S. industry circles. Ganis and Huang helped Rockets owner Leslie Alexander buy a stake in Chinese sportswear firm Anta for its successful initial public offering two years ago. But that comprador work is minor compared with the Cavs deal, which would rank as the biggest international sporting investment by a Chinese-Hong...
Mohamed, the Scottish real estate broker, is thinking of leaving too. His company is declaring bankruptcy, he says, and security guards recently prevented him from removing furniture from his office because of a rent dispute with the landlord. A local bank keeps calling to ask for the whereabouts of a former employee, a male nurse from Edinburgh who came to Dubai, hit the nightclub scene, bought a Porsche convertible, and then fled home after a week on the job, leaving about $115,000 in debt. "What were [they] thinking, loaning ?80,000 to a 24-year-old with no stable...
...Government in northern Iraq says it will start exporting crude oil for the first time on June 1, despite a statement by the Iraq Oil Ministry calling the plan illegal. The Kurds, who control some of the country's largest reserves, claim that the Iraqi constitution allows them to broker deals with foreign companies; the ministry maintains that it controls all oil contracts and that any firm that signs without its approval will be blacklisted...
...Gaza war made clear to all sides that Hamas could not be eliminated, and that everything from the urgent business of rebuilding the shattered territory to negotiating a peace deal with Israel could not be done without the organization's consent. Hence the current efforts to broker a unity government backed by both Fatah and Hamas. But as things stand, the U.S. wants that government to endorse the same principles it has demanded that Hamas embrace as a precondition for recognition: Recognize Israel, renounce violence and abide by previous agreements. No dice, says Hamas, which has its own ideas about...