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Britain falls to second most appealing European country to deploy capital, according to CBRE survey
...In the relatively young US sports betting industry, there is no time for self satisfaction....
...While London built around 7,000 new hotel rooms for its Olympics in 2012, Paris has only added around 2,000 rooms, according to Petit....
...The outcome could have ramifications beyond the industry....
...The airline industry is largely united in opposition to the rule....
...From 2020 to 2022, debt-to-EBITDA multiples on new LBO loans averaged between 6.9x and 7.1x....
...Live Nation investors might find — like Swift herself — that a break up doesn’t have to be all bad news. pan.yuk@ft.com...
...of a marketplace with no barriers to entry, constant influx of new competitors,” Joanne Crevoiserat, the company’s C.E.O., told DealBook....
...Many companies across multiple industries seek to become consolidators that create platforms to extract synergies, increasingly funded by private equity....
...British sportswear chain JD Sports is accelerating its push into the US by snapping up New York-listed rival Hibbett in a $1.1bn deal, its biggest acquisition to date....
...Shares in Visa and Mastercard were trading close to flat in New York on Tuesday morning....
...This shift will have major ramifications for both the auto industry and the energy sector.”...
...Turkey’s buoyant tourism industry has also provided a boost....
...A reconciliation will be good news for all concerned....
...Inc., a footwear company based in California, agreed to settle charges for failing to disclose payments for the benefit of its executives and their immediate family members....
...The EU has launched probes into Apple, Alphabet and Meta in the first use of a landmark new law designed to rein in Big Tech’s market power....
...Both of these fields are likely to be test cases for the ease of developing new oil and gas assets in the UK despite pressure to reduce carbon emissions in line with the country’s net zero commitment....
...Additional reporting by Eric Platt in New York...
...But a new rule passed last month could cap them at $8. Analysts at Bank of America think late fees represent between 14 per cent and 30 per cent of the companies’ credit card revenue....
...The industry is divided over what recent data tells us. One school of thought is that EV sales growth in Europe has, thus far, been from wealthy early adopters and corporate buyers....
Domino’s fall
...The new entity will be named TGI Fridays, with the US and global operations remaining in Dallas under chief executive Weldon Spangler....
...“With the goal to become a serial acquirer, Tapestry seeks to acquire Capri to further entrench its stronghold in the fashion industry,” Henry Liu, director of the FTC’s competition bureau, said in a statement...
...Academics are boycotting a leading gender studies journal owned by New York-listed publisher Wiley after its editors and policies were changed in what they characterise as an “anti-woke” drive against radical...
...The paralysis has prompted house-hunters to turn to new builds. Professional homebuilders and their suppliers have benefited....
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