News Headlines - 16 April 2018
▽Top Japan finance official denies sexual harassment, says to sue publisher
Japan’s top finance bureaucrat denied on Monday a weekly magazine’s allegation that he had sexually harassed female reporters and vowed to sue its publisher for defamation, his ministry said in a statement... Japan has had few reported “#MeToo” cases about sexual harassment involving public figures. In Japan, victims are often reluctant to speak out for fear of being blamed. The identity of the female reporter has not been disclosed.
▽‘They Eat Money’: How Mandela’s Political Heirs Grow Rich Off Corruption - The New York Times
In the generation since apartheid ended in 1994, tens of billions of dollars in public funds — intended to develop the economy and improve the lives of black South Africans — have been siphoned off by leaders of the A.N.C., the very organization that had promised them a new, equal and just nation.
Corruption has enriched A.N.C. leaders and their business allies — black and white South Africans, as well as foreigners. But the supposed beneficiaries of many government projects, in whose names the money was spent, have been left with little but seething anger and deepening disillusionment with the state of post-apartheid South Africa.
Korean Air Lines said Monday it has suspended one of its chairman's daughters from her marketing work after she threw a tantrum at a business meeting, triggering public outrage and a police investigation. The daughter, Cho Hyun-min, also known as Emily Cho, is the younger sister of another Korean Air executive whose onboard "nut rage" outburst delayed a flight in 2014.
▽Netflix Pulls Out of Cannes Following Rule Change – Variety
Ted Sarandos says Netflix won’t be going to Cannes this year.
In an exclusive interview with Variety, Netflix’s chief content officer says that the festival sent a clear message with a new rule that bans any films without theatrical distribution in France from playing in competition. Netflix could screen some of its upcoming movies out of competition, but Sarandos says that doesn’t make sense for the streaming service.
▽Axing Honda was McLaren mistake - Marko | Wheels24
Dr Helmut Marko says McLaren's 2018 car is obviously "not great".
The British team went into Bahrain targeting the top three teams but was ultimately outpaced even by the newly Honda-powered Red Bull junior team Toro Rosso... So Marko, whose Red Bull outfit is considering switching from Renault to Honda for 2019, joins those who think McLaren made a strategic error late last year.
