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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...
...Owned by Intercontinental Exchange, NYSE is expected to pull out all the stops and encourage more companies to follow suit....
...These kinds of search results, which include an “AI-powered snapshot”, are more costly for Google to serve up than its traditional responses because generative AI consumes a lot more computing resources....
...HOLD: InterContinental Hotels Group’s (IHG) The company launched a new share buyback programme and raised its dividend as leisure travel demand remains strong, writes Christopher Akers....
...Andrés Marín, manager of a Málaga gardening company and spokesman for a group of businesses opposed to the water restrictions, said pool maintenance groups were losing some clients as were gardeners banned...
...InterContinental Hotels Group, owner of the Holiday Inn and Crowne Plaza chains, said its performance had normalised after the impact of the pandemic as it reported significant improvements to trading performance...
...InterContinental Hotels Group and Carrefour will also unveil full-year results....
...The market was “out of control”, said Andrew Moriarty, price reporting manager at Mintec, a commodities data group. “Everyone is just bracing for impact.”...
...It would be the most high-profile tech group to list on Intercontinental Exchange’s NYSE since the height of the IPO market boom in 2020-21....
...CME Group said it will apply to clear US Treasuries, becoming the first exchange company to publicly state its ambitions to grab a lucrative slice of the world’s biggest bond market....
...(which also owns Six Senses and InterContinental), positions Regent as its most luxurious marque....
...Another deal with the Sofitel hotel, announced only yesterday, fell through within hours. “Brussels has grown fat and wealthy off the presence of EU institutions in this city....
...The big hotel openings of 2024....
...Calay cited the example of InterContinental Hotels Group which suspended its dividend during the Covid pandemic in March 2020....
...Eni would hold 38 to 39 per cent of the enlarged group under the limited details released so far. The combination would raise Ithaca’s production to above 100,000 barrels/day....
...Its former chief executive, Alan Bruce, left the group early this year....
...This group of investors generally views Robotaxi (i.e. fully autonomous vehicles running on the Tesla network) as a very long-dated opportunity....
...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...
...Spanish renewables group Iberdrola has called off its planned $8bn acquisition of PNM Resources, cancelling a deal that would have transformed its Avangrid subsidiary into one of the biggest companies in...
....— Should the company known as Bass, in its 1984 iteration, be seen as having evolved into InterContinental Hotels, or into Mitchells & Butlers?...
...Earlier this month, 1Komma5 announced that it had acquired Australian solar provider Arkana Energy Group. Schröder said 1Komma5 was now the third-largest solar provider in Australia....
...The revision comes after the company pledged to devote a higher proportion of spending to oil and gas last year, and other oil groups such as BP have slowed their retreat from oil....
...This past autumn, Exxon unveiled a $60bn all-stock takeover of Pioneer Natural Resources. Within two weeks, Chevron followed suit with a $53bn all-stock deal for US operator Hess....
...Earnings: The UK’s InterContinental Hotels Group publishes third-quarter results on Friday. British estate agency Foxtons is to issue a third-quarter trading update....
...“It’s just nuts . . . something very unusual is going on,” said Matt Rogers at the Commodity Weather Group, a consultancy....
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