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...We hit dual milestones of $1tn in payment volume and being cash flow positive,” said John Collison, Stripe’s co-founder and president....
...john.gapper@ft.com...
...Since then, she and Shanahan have vied with their arch rivals, Newmark’s Douglas Harmon and Adam Spies, for supremacy of the Manhattan skyline....
...What A newly renovated, Grade II*-listed town house, originally built in 1775 by architect Robert Adam....
...This includes the homebuilders (up 40 per cent or so) and commercial real estate plays such as Boston Properties and Simon Property Group....
...New York mayor Eric Adams said the police had made 108 arrests. Columbia also suspended students who had occupied part of its main campus for more than 30 hours....
...John Lam, head of China and Hong Kong property research at UBS, said he believed the industry would shift in that direction in the future but added that this was negative for the internal rate of return...
...“Adam and Eve in yew; Adam a little shattered by the fall of the tree of knowledge in the great storm: Eve and the serpent very flourishing. “The tower of Babel, not yet finished.”...
...There is also the inheritance: John’s children worry that if his new wife inherits his property, there will be little financial support to care long-term for one of his children with learning disabilities...
...S&P rates BPY’s debt BBB-, the lowest investment grade credit rating....
...As with high-end, off-market property deals, some private sales on behalf of sellers can reap surprising results — even exceeding the price from an auction....
...The S&P Global/Cips UK construction purchasing managers’ index fell marginally to 45.5 in November from 45.6 the previous month....
...Analysts expect the country’s economy to continue to slow in the medium term thanks to the property downturn and demographic decline....
...Read the full story here Chart of the week Liontrust was once a darling of the UK’s asset management industry, with chief executive John Ions presiding over an increase in assets from £1bn to £36bn in...
...Looking recently, I was instantly drawn to Hay’s slick and jolly Apex desk lamp, designed by John Tree for the playful Danish brand....
...“At this point it’s come down to a macro call,” said John Lovallo, an analyst at UBS....
...But the dispersion of their returns has been very wide, as this chart shows: Amazon has barely outperformed the S&P 500, Nvidia has gone absolutely bananas, and the rest have covered the range in-between...
...Every room in Nine Orchard, one of New York’s hottest new hotel properties, boasts at least one Ojas speaker hard-wired into its walls....
...John Glen, Cips chief economist, said: “High interest rates and low consumer demand for new homes continue to drag down the UK construction sector, with a lack of new tender opportunities and a cutback of...
...The company’s co-founder, Adam Neumann, may have had a point when he remarked this month: “WeWork has failed to take advantage of a product that is more relevant today than ever before.”...
...But funds gained 6.1 per cent on average, compared with the S&P 500’s 26.3 per cent gain....
...When BlackRock in February moved to undercut the BetaShares Australia 200 ETF by slashing the annual management fee for its A$4.4bn BlackRock iShares Core S&P/ASX 200 ETF from 0.09 per cent to 0.05 per cent...
...The new paper, by Jeremiah Green of Texas A&M and John Hand of University of North Carolina, argues that at least on the ethnic diversity side, the studies just don’t hold up....
...john.plender@ft.com...
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