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...Smith & Nephew shareholders have been urged to vote against an “excessive” pay rise of almost 30 per cent for the US-based boss of the FTSE 100 industrial group, the latest salvo in the battle by international...
...“There is an entire group of companies who are what I call Brilos: British in listing only,” Rupert Soames, who took over as chair of Smith & Nephew last September, told the Financial Times....
...Two Chinese state-owned banks hold a crucial role in the future of Thames Water, as part of a group of lenders involved in a stand-off over debt at the parent company of Britain’s largest water utility....
...The matchmaker for the troubled deal between the real estate firm behind the scheme M7 Real Estate and the local authority was Lee Robinson, a Monaco-based financier whose interests have become unusually...
...Michael Gove has launched a legal action to force the landlord of a Canary Wharf apartment complex to pay £20.5mn towards building safety works, as the UK government increases efforts to pursue the owners...
...Proposed pay increases for executives at companies with large international operations such as the London Stock Exchange Group and medical devices manufacturer Smith & Nephew have sparked debate among investors...
...He was unveiled last week as the next boss of Envista, a New York-listed dental products manufacturer, with a market capitalisation of $3.4bn — about half of Smiths’ valuation....
...Wes Moore, the governor of the state of Maryland, has declared a state of emergency after the elevated roadway’s disintegration into the Patapsco river....
...Silvio Berlusconi’s Sardinian beach estate is going on sale for €500mn after his five children agreed to sell the asset, according to people with knowledge of the transaction....
...Jack Whitaker, John’s 22-year-old nephew (and son of showjumper Michael Whitaker), has joined us on the farm, having followed in the family’s sporting tradition. How many events has he won?...
...Over a 40-year career, he has created a veritable identity parade of conmen and crooks, from the real estate hustlers of the Pulitzer Prize-winning Glengarry Glen Ross to Gene Hackman’s underworld boss in...
...Selling Mayfair: The new owner of the Sotheby’s London real estate franchise aims to disrupt the business of selling multimillion-pound homes in the city....
...Chief executive Simon Emeny noted the incoming costs headache in a recent trading update, but also flagged “a number of high-profile, trade-enhancing investment schemes in our existing estate” as a driver...
...Nearly 70 per cent of homes purchased in the final three months of 2023 were bought without a mortgage, according to Pamela Liebman, chief executive of real estate brokerage Corcoran, compared with 55 per...
...The value of farmland held by investment groups has more than doubled over the past three years, according to the National Council of Real Estate Investment Fiduciaries....
...China’s Ping An has reported a drop in its 2023 profits in a year when it said “capital markets fluctuated significantly, credit risk heightened, and risks in the real estate industry were still being mitigated...
...It comes as the Canadian Real Estate Association publishes home sales data for February. Five more top stories 1....
...According to its annual report, the $60bn Blackstone Real Estate Income Trust generated $2.7bn in cash flows in 2023 but paid out a distribution of more than $2.8bn, resulting in the first annual shortfall...
...The Brooklyn Tower Two years ago the developer Michael Stern toasted his super-tall tower at 9 DeKalb Street as “a symbol of Brooklyn’s unceasing drive and ambition.”...
...Monetary policy: Federal Reserve Bank of Atlanta president Raphael Bostic appears at an event hosted by the University of Cincinnati’s Real Estate Center....
...Michael Perry, a speaker at the show, recommends ditching high-maintenance lawns. “The only reason we have them is because we think our neighbours expect us to,” he says....
...Peru’s Rolex scandal: Peruvians have watched the political scandal involving their president Dina Boluarte with a mix of weariness, disgust and despair, writes Latin America editor Michael Stott....
...CERAWeek: Chevron chief executive Michael Wirth addresses the energy conference a day after ExxonMobil chief Darren Woods spoke about the tense dispute with its rival in Guyana. Here’s what he said....
...(a subject at the centre of a Garden Museum conference this coming summer) and this one, designed by Tom Stuart-Smith, is one of the finest examples....
...Weightman stepped into the private credit arena after his 2020 departure from Cromwell, the Australian real estate investment firm he founded two decades earlier, following a bitter boardroom battle....
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