Hints and tips:
...New layers of hospitality seating and luxury experiences cater to wealthier types of audiences....
...According to FT calculations based on Hertz securities filings, Scherr will create less value for himself than once seemed possible....
...sujeet.indap@ft.com...
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. The Lex column has a new editor, Unhedged’s pal Helen Thomas. This is big news; the job is only given to transcendent geniuses....
...Sotheby’s did not comment on the circumstances of Martin’s departure in response to FT questions but said that the company “remains committed” to the department....
...FT)...
...That’s the takeaway from a masterful deep dive into the industry this week by the FT’s finance team....
...The FT’s Lex column is sceptical of revenue synergies....
...Many years ago, when I was a rookie reporter, a senior FT editor proffered some great advice: only read the local media when you travel....
...also expanding its coverage of travel expenses for medical treatment to include “abortion services and gender-affirming care”, according to an internal memo sent to staff on Friday which was seen by the FT...
...But it took the Russian invasion of Ukraine to provoke any real backlash against the Gazprom logo on the advertising boards, hospitality suites and television screens....
...(FT) Raiffeisen considers Russia exit just weeks after committing to stay (FT) Sanctions claim London-listed Russian property company Deliveroo to remain unprofitable until next year (FT + Lex) Jefferies...
...Wincanton, which employs drivers and warehouse staff, has bet big on automation at its 528,000 sq ft warehouse in Northamptonshire....
...Instead, the group has charted an aggressive growth strategy with the help of deep-pocketed shareholders like the US billionaire Ron Burkle and hospitality tycoon Richard Caring....
...rana.foroohar@ft.com...
...(FT) UK business secretary pledges to target Big Four reform (FT) Australia cites national security to block China buying local builder (FT) Steris to buy Cantel Medical in $3.6bn deal (Wall Street Journal...
...of sports group Legends Hospitality (FT)...
...If you have a problem for James, contact him at richpeoplesproblems@ft.com...
...with Mail.ru (FT) Revlon staves off bankruptcy after clinching last-minute debt deal (FT) Daniel Loeb’s Third Point gains nearly $400m on US election call (FT) Betting group GVC to change name and exit...
...unit for £75m (FT)...
...The pain is more acute for companies in hospitality and aviation, but almost every industry is feeling it....
...“While the current environment is clearly a difficult one for the hospitality industry, the desire to travel and have authentic experiences is fundamental and enduring,” Egon Durban, Silver Lake co-chief...
...Salary cuts have been common in the sectors that have been hit hardest by the pandemic, such as retail, restaurants and hospitality, though a few, such as Darden Restaurants, have already restored their...
...Follow @FTProperty on Twitter or @ft_houseandhome on Instagram to find out about our latest stories first....
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