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Beirut Lebanon
Special Reports

Global Success: The Case of Lebanese Superclans

Phoenician Legacy: For the past thirty or so years, headlines concerning Lebanon have more often than not been occupied by the tragic, the unsettling, and what may be euphemistically described as the concerning. More recently, Lebanon's ongoing economic crisis and political turmoil have put the worse front and center: GDP declined by 21% in 2020...
Shannon MacKay
CEO Insights

Is Your Collaboration Smart?

In the rapidly evolving landscape of hybrid work, leaders are constantly seeking ways to support their teams effectively, whether they're in the office or working remotely. I recently had the pleasure of speaking with Shannon MacKay, GM of Lenovo’s Smart Collaboration business group, about this very topic. Our conversation was...
German utility Steag
CEO Opinions

A rare loss for billionaire Daniel Kretinsky, Asterion agrees to buy German utility Steag for $2.8 billion

Asterion Industrial Partners, a Spanish infrastructure investor, has agreed to acquire German utility Steag from the consortium Kommunale Beteiligungsgesellschaft (KSBG), which represents the municipal utilities of the cities of Dortmund, Duisburg, Bochum, Essen, Oberhausen, and Dinslaken. The deal values Steag at approximately €2.6 billion ($2.8 billion) euros and is expected...
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