Word: royals
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...Richard Dowden is director of the Royal African Society, which promotes cooperation between Britain and African nations
...descendants of the founder of Wahhabism, is effectively a partner in ruling Saudi Arabia. Yet Yamani is encouraged by the escalating public demands for the religious police to be more transparent. "It is not the beginning of the end, but it's the beginning of the pressure on the royal family to address this threat," she says. "Before, there was secrecy. The state could keep the excesses secret. Now everything is debated...
...Europe's biggest and most venerable banks. Teaming up with Singapore's state-owned investment vehicle, Temasek - which will invest an initial $1.9 billion - CDB will fork over $3 billion for a stake in Barclays, the British bank now locked in a struggle with a consortium led by Royal Bank of Scotland (RBS) to acquire Amsterdam-based ABN Amro. If Barclays' $94 billion cash-and-stock bid prevails against RBS's $98 billion offer, CDB will boost its stake in Barclays to $13.5 billion, making it by far the biggest Chinese offshore investment ever...
...over a third of it offered in cash. That's more than its previous approach - the all-stock bid, agreed with ABN back in April, was worth around $90 billion - but still falls short of the $98 billion offered last week by a consortium of European banks led by Royal Bank of Scotland. That bid, backed by Spain's Santander and Belgian-Dutch group Fortis, is almost all in cash...
...Crimson men’s heavyweight crew team ended its season in resounding fashion earlier this month when the varsity eight won and the varsity four made it to the semifinals in the teams’ respective events at England’s Henley Royal Regatta, one of the most prestigious rowing meets of the year...