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...The majority owner of Motel One Group has taken full control of the budget hotel chain in a transaction that values it at €4.1bn, the latest sign of a return to dealmaking in the hospitality sector following...
...Additional reporting by Joshua Franklin and Jennifer Hughes in New York...
...The Financial Reporting Council is set to leave its office in the City by the end of the year with new locations in the Docklands and Stratford near the Olympic Park under consideration, according to people...
...The Sacramento-based pension fund on Tuesday said it picked Stephen Gilmore, a former chief investment officer of the New Zealand Superannuation Fund, as the new CIO of the largest US public pension fund...
...So-called outsourced CIO businesses provide portfolio management services to firms that lack the expertise or capacity to build those teams in-house....
...Yet, in astonishing reality, it first saw service in New Zealand in 1971, a Wellington-Auckland sleeper that billed itself as “the fastest motel on wheels” and lasted a mere eight years, killed off by cheap...
...There’ll be a subterranean spa across four floors of the hotel’s huge basement, a 22-metre pool and its restaurant will be the first outpost of Jean-Georges Vongerichten’s ABC Kitchen outside New York....
...from the US and Caricom, the Caribbean Community trade bloc....
...EU authorities have agreed to new standards that could result in up to 900 more derivatives trades a year being channelled through EU-based clearing houses, instead of London, not five as wrongly stated...
...Martin Brudnizki says he wasn’t aware of his client’s personal history when he got the brief for a new hotel in London....
...The New York Stock Exchange is polling market participants on the merits of trading stocks around the clock as regulators scrutinise an application for the first 24/7 bourse....
...Whole councils have gone bankrupt including Birmingham, the London borough of Croydon and Woking in Surrey....
...“I appointed Oleksandr Lytvynenko as the new secretary of the national security council....
...These rules would need to be adopted by the bloc’s council and parliament. Index providers have got in trouble before for including certain companies in ESG indices....
...This could also include boosting funding for the BBC World Service, which provides news for international audiences in more than 40 languages, and for the British Council, the UK’s main cultural institution...
...We will face bigger challenges, from new housing and planning permissions to the climate emergency....
...Even so, analysts say there are trade-offs to using corporate bonds as collateral....
...The US Chamber of Commerce and other trade groups sued the US Federal Trade Commission on Wednesday after the regulator voted to ban non-compete agreements....
...Deng also touted Tsai’s New Southbound Policy and other efforts to forge trade and investment links with south-east Asia....
...I’m not asking for much more than what other regulators have today,” Moriarty told the House of Commons business and trade select committee....
...Nearly all local authorities in England are raising council taxes by the maximum amount permitted, according to new data that shows poorer parts of the country are being disproportionately affected....
...Investments that the government is making include a new 18-courtroom complex under construction off Fleet Street in London that will focus on fraud and cyber crime....
...It is no surprise that those who contribute the bulk of pension savings in the US — the trade unions — are fully behind this New York State bill....
...It can also mean prioritising second-hand finds over new....
...The new regime is being introduced in three phases....
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