The New York Times – On the Runway:
As Secretary of State Marco Rubio travels this week to Peru, its growing economic ties to China have raised tensions with the U.S., but show no signs of reversing course.
Category: Foreign Investments
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Funicular Crash Has Jarred Lisbon’s Sense of Itself
The New York Times – Travel:
Lisbon has transformed itself in recent years into a destination for international investors. A funicular crash that killed 16 people has prompted soul-searching about the changes in the city.
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Vermont’s Jay Peak Emerges From a Cloud of Financial Scandal
The New York Times – Travel:
Less than a decade ago, the biggest fraud in ski industry history nearly took down a beloved ski area. But Jay Peak, long known for its powder, has since transformed into a sparkling modern resort.
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Golf’s Titanic Deal Stokes Anger on Capitol Hill
The New York Times – Sports:
American lawmakers and officials are studying the pact between the PGA Tour and Saudi Arabia’s sovereign wealth fund.
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What Is the Saudi Sovereign Wealth Fund?
The New York Times – Sports:
The secretive $700 billion investment fund has set its sights on tourism, job creation, private equity and, now, golf.
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CVC Capital Partners Will Invest $150 Million in WTA
The New York Times – Sports:
CVC Capital Partners, the former owner of Formula 1, will take a 20 percent stake in a commercial subsidiary as the tour seeks to expand its marketing of events and players and increase prize money.
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Inside the Battle to Control, and Fix, Tennis
The New York Times – Sports:
Tennis’ hit Netflix series and rising collection of young stars has investors bullish on the sport, which is poised for a once-in-a-generation moment of disruption.