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...out of Morgan Stanley’s real estate special situations investing team, and has more than $4bn of net assets under management....
...In a city-level survey, London maintained its top place, but Madrid rose to second place after overtaking Paris, which is hosting the Olympic Games in the summer....
...During his own tenure, CD&R had done “a number of successful deals”, Leahy said, including the IPO of UK value retailer B&M, which delivered a £1bn payday for CD&R and the Arora family at the time, and the...
...“Thousands of people in host cities have opened their homes for the first time, and more than half of listings that have received a booking did so in less than seven days.”...
...He handed the reins of his retail empire to his son-in-law, Michael Murray, in 2022. Ashley, the former owner of Newcastle United Football Club, is among the City’s most colourful characters....
...Instead, 2023’s kingpin was Morgan Wallen’s One Thing At A Time, which sold the equivalent of 5.4mn albums, making it the biggest album in eight years....
...One is the proliferation of gyms across UK cities. Wimbledonites now refer to their leafy borough as “Gymbledon”....
...The same month, AutoFlight claimed a world-first inter-city and cross-sea demonstration flight, when Prosperity flew 50km, with no crew, between the southern Chinese cities of Shenzhen and Zhuhai, across...
...*Ignites is a news service published by FT Specialist for professionals working in the asset management industry. Trials and subscriptions are available at ignites.com....
...The group of senior class A and subordinate class B bonds are securitised at the operating companies....
...The deal will be a boost for the moribund London stock market, which on Tuesday faced the prospect of losing further companies following a proposed delisting of retailer Superdry and an agreed takeover for...
...Renesas, a key supplier of chips to the automotive industry, has been on a deal spree as it looks to diversify, which included adding the Apple supplier Dialog to its stable....
...These have picked up markedly in recent years, from a low of about 400,000 b/d in the pandemic year of 2020 to about 1.4mn b/d recently, according to Richard Bronze at Energy Aspects....
...Ken Griffin’s Citadel has agreed a ‘‘dramatic increase” of its London office footprint, with a deal to move into British Land’s new flagship City tower....
...US production rose by roughly 1.5mn b/d to a record 13.5mn b/d in 2023 while that of Iran increased to an average of roughly 3.9mn b/d from about 3mn b/d a year earlier, said Claudio Galimberti, North America...
...As a February Morgan Stanley Asset Management report put it: Index concentration has historically proved self-correcting, with some combination of regulatory, market and competitive forces, along with business...
...So, for example, the government instead leaves in place windfall levies on the North Sea oil and gas industry (a key constituency of London-listed companies) and the highest transaction tax of any major...
...Consumer spending on hardware is down and mobile gaming activity, a lucrative part of the industry in recent years, is slowing....
...Turkey’s buoyant tourism industry has also provided a boost....
...Instead, investors were given a “Plan B” for cheaper cars that will be made on existing production lines and systems to help cut Tesla’s spiralling costs as it shifts billions of dollars worth of investment...
...A buzzy but unobtrusive soundtrack of, say, R&B or soul complements dinner....
...But as soon as Gensler’s out of there, they will breathe a sigh of relief because a lot of them don’t believe in any of this bull(expletive). We need a good head of Trading and Markets. . . ....
...“Yamaji-san is the biggest activist in Tokyo at the moment,” said one banker in the capital city. For the majority of his career, Yamaji was a high-flyer at Nomura, Japan’s biggest investment bank....
...Other countries and cities have already taken action. New York began in September enforcing a de facto ban on short-term rentals. Barcelona was an early mover against sites such as Airbnb....
...of a libertarian/conservative flavour, and that (b) McKinsey is a consultancy with a strong incentive to say what its corporate clients want to hear....
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