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...Merchant bank Raine Group is leading the sale, having picked up the mandate after conducting the £2.5bn auction of Chelsea. Raine did not immediately respond to requests for comment....
...“Inflation’s definitely coming down now but we’re not heading to 2 per cent quickly, we’re heading to 3 per cent,” he said....
...Hedge fund Citadel and its sister firm, market-maker Citadel Securities, have agreed to pre-let at least 250,000 sq ft, or a third of the space, at 2 Finsbury Avenue....
...The Rothko’s on until April 2, and is well worth a visit. Marvellous building, too....
...Block argued that the losses on the book of loans in the trust could be between about $2.5bn and $4.5bn, close to its market capitalisation....
...thing to start: New York Community Bancorp has replaced its chief executive and identified “material weaknesses” in internal controls, amid worries about the US regional lender’s exposure to the commercial property...
...Glass walls are placed to take advantage of the views and there are two roof terraces. Why The property has 2.9ha of land, and is also surrounded by a wider protected landscape....
...If unclaimed for a year, wreck material from inside UK territorial waters becomes property of the crown....
...Mitsotakis will raise the question of the 2,500-year-old sculptures during a visit to London next week....
...It bought out a remaining 37 per stake in insurer Global Atlantic for $2.7bn and reorganised its operations to focus shareholders on the long-term growth of its fee-based earnings, and insurance and investment...
...The UK’s AI summit, scheduled for November 1-2, will focus on so-called “frontier AI”, a sophisticated form of the technology that includes large language models that can process and generate vast amounts...
...Mark Allan, chief executive of FTSE 100 property group Landsec, told the Financial Times: “It’s less about the specifics of what HS2 will or won’t bring [to the economy]....
...Vuong has ploughed his wealth into the carmaker, pledging in April to inject $2.5bn in new capital....
...property search agent Property Vision....
...Smart reads A tale of two Brookfields The Real Deal sorted through Brookfield’s financial statements and discovered billions in defaults. The property giant says it’s just a small part of the puzzle....
...Asked whether Sunak was confident that inflation would halve by the end of the year to 5.4 per cent — one of five pre-election pledges the PM has made — his spokesman said: “We have set out that commitment...
...Earlier this year, Shutterstock added text-to-image generation to its website using a version of OpenAI’s Dall-E 2 tool....
...The market is still somewhat upside down there trying to make sense of what’s going on. Only trophies and trash properties are trading. Valuations a bit hard to peg....
...According to the SEC, Stoner Cats 2 LLC’s offering raised roughly $8mn from investors by selling more than 10,000 NFTs for roughly $800 each. The offering sold out in 35 minutes....
...Need to know: UK and Europe economy The northern section of the UK’s long-awaited High Speed 2 rail line, which would connect Manchester to Birmingham, could be in doubt after a meeting between PM Rishi...
...That set-up was revealed in the MPs’ register of financial interests, where Johnson declared the “concessionary use of accommodation for me and my family” since September 2 valued at £10,000 a month....
...Her budget was between $2,500 and $2,800 per month, but she thought she might have to pay more....
...The lawyers managed complex legal questions around intellectual property and share price structure....
...Some 2 per cent of output would be lost at 3C of warming, while 8 per cent of output would be lost at 6C of warming, according to Nordhaus’s 2016 model....
...“Walk round any of those [Big Tech] offices and there is a huge amount of space given over to non-fee-generating functions which look very generous,” said Chris Lewis, who advises office occupiers at property...
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