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Pension fund says windfall for private equity titans is unjustified
...Hong Kong scrapped hotel quarantine rules for visitors arriving in the city in September last year and lifted other pandemic-era restrictions in December....
...It ranks fourth as a network behind the titans Visa, Mastercard and American Express. However, Amex is the only other of these that is both a lender as well as network....
...Dubai Holding, which has $35bn worth of assets, owns the Jumeirah luxury hotel chain and last year agreed a deal with Accor to launch hotels in the emirate....
...“The key is to design a hotel that doesn’t feel like a hotel,” Cheng says....
...In the case of Amazon, only content produced by its own models, such as Titan, as well as a range of the company’s AI applications, are covered....
...amenities, such as the heated 52-foot indoor saltwater lap pool and the hotel’s spa, Sense....
...Regulators are already investigating whether some cloud computing companies are operating like Hotel California, imposing punitive “egress” fees on customers to prevent them from checking out....
...The big hotel openings of 2024....
...The former president has drawn in new billionaires including Tim Mellon of the Mellon banking family, Texas oil titans Kelcy Warren and Tim Dunn, Phil Ruffin, owner of the Treasure Island Hotel & Casino,...
...This is an audio transcript of the Behind the Money podcast episode: ‘The downfall of a UK hedge fund titan’ Michela Tindera For decades, if you worked in Britain’s financial sector, you knew who Crispin...
...Kaplan said the industry’s largest gain was on Blackstone’s buyout of hotel group Hilton Worldwide, which yielded more than $11bn in gains....
...Damac, founded in 1982 and known for its focus on luxury residences and hotels having developed more than 75 towers including the Paramount in Dubai, did not rule out repurposing some of the office space...
...Dining options are abundant, bringing in both local residents and hotel guests....
...He was formerly CFO of German software titan SAP....
...One scoop to start: The owners of boutique hotel chain CitizenM are working with bankers to explore options for the business, including a potential sale, as it seeks to expand following a rebound in the...
...News round-up BP boss dismisses speculation energy major faces takeover threat (FT) Russian oligarch Alexei Kuzmichev held by French police (FT) Blackstone sells stake in €4bn Spanish hotel chain to GIC...
...& Casino and part of the Trump International Las Vegas hotel....
Apollo, Blackstone and KKR among private capital groups eyeing $74bn portfolio
...The company was also fighting with insurance titan UnitedHealthcare over reimbursement policies....
...At a San Francisco hotel on Wednesday evening, Chinese President Xi Jinping delivered a message to US business that got a standing ovation: China is a big market and a friend....
...(Might free or subsidised hotel stays catch on to get staff back at their desks?)...
...The German software titan first acquired the Utah software start-up in late 2018 for $8bn in cash....
...US business elite welcomes Xi: Elon Musk and Tim Cook were among the tech titans crowding into San Francisco’s Hyatt hotel to hear the Chinese leader speak last night. Xi did not disappoint....
...The fact that Google, Microsoft and other tech titans are making a consumer and enterprise battleground of AI means that commercial competition has now in effect been instructed and freed to do what it does...
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