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...This pattern of “disinflation at full employment is unusual . . . in our modern history” and “quite striking”, Bank of England governor Andrew Bailey said last week....
Britain falls to second most appealing European country to deploy capital, according to CBRE survey
...Within days, the BoE was forced to intervene to save the pensions industry from collapse....
...Two high-profile office deals — the £240mn sale of 20 Old Bailey and a £110mn deal brokered by receivers to sell 5 Churchill Place in Canary Wharf — collapsed during the quarter....
...Noting that cuts to the BoE’s benchmark interest rate — now at 5.25 per cent — were “in play”, Bailey added that the technical recession last year was small and that there were signs of an upturn in train...
...In the relatively young US sports betting industry, there is no time for self satisfaction....
...Andrew Bailey, BoE governor, suggested this week that the UK was seeing signs of an economic “upturn” after the weakness at the end of last year....
A glut of apartments available in the French capital this summer is pushing down prices
An unwinding of the Ticketmaster deal no longer looks far-fetched
...The airline industry is largely united in opposition to the rule....
...Andrew Bailey, governor of the Bank of England, said last week he had “an increasingly positive story to tell” about inflation....
People in the US are being squeezed to such an extent that they are spending less altogether
...The outcome could have ramifications beyond the industry....
Smol bean bag
...Many companies across multiple industries seek to become consolidators that create platforms to extract synergies, increasingly funded by private equity....
...It’s amazing to think quite how recently private capital management was a pretty-much-nothing industry. Back in 2003, the entire sector’s AUM was less than $500bn....
Aggressive acquisitions have pushed sportswear chain into more than 30 countries
The gaming giant once made as much as 5% of its total sales from Blizzard games
...The delistings came after China’s powerful internet regulator and the Ministry of Industry and Information Technology set a deadline of April 1 for apps operating in China to formally register with the government...
Sellers will be able to charge different prices to consumers based on the card they use
Investors should take a hard look at the core retail business and reset their expectations accordingly
...The private equity industry has swollen to $8tn in assets globally....
...“That’s his Rosebud,” Leitman Bailey said, referencing the film Citizen Kane....
...Turkey’s buoyant tourism industry has also provided a boost....
...Inc., a footwear company based in California, agreed to settle charges for failing to disclose payments for the benefit of its executives and their immediate family members....
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