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...And the City’s asset managers, many of which report figures this week, remain squeezed by passive funds on one side and specialist boutiques on the other....
...London had its moment in 1851 with the Great Exhibition, the ghastliness and excess of which proved the trigger for improving design through institutions such as the V&A....
...The V&A’s new show, Tropical Modernism, revolves around this odd confluence....
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...The most famous chess match of all time Bobby Fischer v Boris Spassky in 1972, still casts its echoes....
...Its public offer for retail investors –accounting for 10 per cent of the shares offered – was only 0.5 times subscribed, coming at a time when the city is struggling to revive its stock market....
...Dear reader, The UK parliament is still in recess but politicians are nonetheless managing to make waves in the City of London....
...The two businesses will have combined revenue of £490mn, and have 189 restaurants in the US and the UK and a total of nearly 600 restaurants across 44 countries including franchises....
...Have a great week, Helen ThomasHead of Lexhelen.thomas@ft.com...
...Mexico has filed a complaint at the International Court of Justice, the UN’s top court, asking the UN to suspend Ecuador pending a public apology....
...A time when saloon cars breezed down city streets, scuttled between airports and made shiny statements at red carpet events....
...In Hong Kong, a city full of the jangling of a thousand instruments, Yang’s work is at its most striking in its moments of silence. Its effect leaves the ear straining for sounds that cannot be heard....
...Vanke, partly owned by Shenzhen Metro, the rapid transit system in the southern city, is the latest focal point of a nationwide property slowdown that has seen many of its peers default on their debts....
...of Daniel Noboa, who subsequently won, and prevent the return of Correa’s movement....
...But the former mayor of Mexico City, who stressed her loyalty to leftist President Andrés Manuel López Obrador, shot back that it was “despicable to profit from people’s pain”....
...A portrait of the bewhiskered duke — later George V — stares down at us....
...Lex will be writing on that and what it contains for the City including, most likely, in Friday’s newsletter....
...All this in honour of his innumerable contributions to this city (where he has long lived) and its orchestra....
...BNP has a 13.8 per cent stake in Nanjing City Commercial Bank in China, whittled down from its initial holding of 19 per cent bought in 2005....
...This suggests — and perhaps this seems a low bar but is worth saying amid the drumbeat of misery from around the City — that the main market is functioning pretty well in terms of depth and liquidity for...
...In China, it notes, “the provinces and the main cities appear to be in competition among them to have [electric-vehicle] producers in their area, in order to attract employment, revenues and the attention...
...The sanctions meant the businessmen had to relinquish control of the group they set up to invest their fortunes, and prompted the firm to introduce a new governance structure headed by City grandee Mervyn...
...In the coffee shops of certain cities, you are now looked at askance when you request plain old cow’s milk in your hot beverage of choice....
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