Cyrus Mistry, chairman of Tata Sons Ltd., is writing down the value of some of the $15.5 billion assets purchased by his predecessor over two decades to boost the allure of India’s biggest corporate group.
In Russia, a poet is more than a poet. The strong feelings revealed in a recent national argument over two bards -- Yevgeny Yevtushenko, long emigrated to the U.S., and Joseph Brodsky, who died in 1996 -- might even help explain how the regime of President Vladimir Putin is able to maintain its grip on power.
The city of Venice, which has been overrun by cruise-ship traffic and tourists, and New Jersey’s Hudson River Palisades are among 67 sites that need to be preserved, the World Monuments Fund said today.
As I talk to Anna Somers Cocks on a terrace overlooking a trio of 16th-century churches by Andrea Palladio, a cruise ship the size of a New York City block floats surreally through the Giudecca Canal right in front of us.