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...Singaporean sovereign wealth fund GIC acquired a 35 per cent stake in Spain’s Hotel Investment Partners from Blackstone Group, while Abu Dhabi Investment Authority, one of Abu Dhabi’s sovereign wealth funds...
...The inspiration, that is, for a young Italian luggage porter at the Savoy hotel, taken by the lifestyle of its elegant clientele, to return home and launch his luxury-leather-goods company in 1921....
...In March 2023 the iShares ESG Aware MSCI USA ETF (ESGU) haemorrhaged $3.9bn in one day. On the same day the iShares MSCI USA Quality Factor ETF (QUAL) saw a $4.8bn jump in net inflows....
...The US’s top environmental regulator is expected to face a barrage of legal challenges from fossil fuel groups and Republican states after it unveiled a new crackdown this week on pollution....
...The agency had asked an outside group “to give us options on delegation and where we might bring in a third party, for example, in quality control, or quality assurance, to make sure you have a neutral set...
...Boeing created a product and services safety group, also reporting to the chief engineer, and appointed Beth Pasztor, the safety, security and compliance vice-president for Boeing’s commercial plane business...
...The aerospace group said in a statement on Saturday that it supported the temporary grounding. “Safety is our top priority,” Boeing said....
...WWE’s decision to take Raw off USA Network, where it is the top-rated programme, also reflects the economic pressures on traditional cable television operators as more consumers shift to streaming....
...These are rebased MSCI net return indices, in dollars, for each country, and the MSCI USA and World indices....
...Andrew Clarke, global president of Mars’s snacking division, said Hotel Chocolat “fills a gap in our portfolio”, adding that the group had already pursued a premiumisation strategy with its petcare business...
...He became $4.6bn richer on Tuesday, at least on paper, when his shares in its parent Trump Media & Technology Group rose sharply as it went public under the stock ticker DJT....
...The big hotel openings of 2024....
...In 1983, he founded Aristotle Inc, a technology consultancy that sold voter data to political campaigns....
...I felt like I had died and gone to Le Corbusier heaven at the Hôtel Le Corbusier in Marseille....
...They waved frantically to guests at a hotel across the street. “We finally started making . . . the S-O-S sign,” she recalled....
...Kaplan said the industry’s largest gain was on Blackstone’s buyout of hotel group Hilton Worldwide, which yielded more than $11bn in gains....
...In euro terms, the largest positions are held by BlackRock’s iShares MSCI USA SRI Ucits ETF, at €324mn as of mid-November, the iShares MSCI World SRI Ucits ETF (€208mn), and Eleva European Selection (€171mn...
...The US short-term rental group is a top-level sponsor of the games....
...Those considering a punt on Cipriani’s new €500mn club venture will hope the high-end Italian hospitality group performs better than New York-listed rival Soho House....
...The deal marks the end of CPI Property Group’s ownership of the resort....
...Jerry Rizzieri, head of Mizuho Securities USA, told the Financial Times the acquisition would contribute to Mizuho’s goal “to be solidly inside the top 10 corporate investment banks within three years”,...
...Calay cited the example of InterContinental Hotels Group which suspended its dividend during the Covid pandemic in March 2020....
...Maga Inc, a pro-Trump super Pac, has booked just $6.5mn....
...After a protracted battle that lasted more than 400 days, only 69 per cent of shares were cast in favour of the deal in a vote at the city’s Shangri-La hotel....
...Altice USA’s chair Alexandre Fonseca has also stepped back....
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