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...Signa Prime and Signa Holding, meanwhile, own the group’s prized trophy assets: dozens of high-end addresses from designer shopping precincts to ultra-luxury hotels in Europe’s wealthiest cities....
...Many of those suppliers responded by switching to selling items on Temu, owned by Nasdaq-listed PDD Holdings, which is spending billions of dollars trying to replicate Shein’s success in shipping ultra-cheap...
Thank [expletive] for Michael O’Leary
...Accor and Dubai Holding declined to comment. Any possible partnership could extend to the Orient Express hotel and train assets, the people added....
...The deal allowed Credit Suisse to cut its holdings of such assets from $75bn to $20bn. Apollo rebranded the business as Atlas....
...It is the top-of-the-line Gemini Ultra, due out early next year, that carries Google’s main hopes of matching or leapfrogging OpenAI’s GPT-4 in the race to turn generative AI into a more useful everyday...
...However, its most advanced model, Gemini Ultra 1.0, will be offered as a chatbot, and integrated into the company’s suite of productivity tools such as Gmail, Docs and Sheets, through a premium subscription...
...Its largest holdings included Alphabet, Canadian National Railway, Visa, General Electric and rating agency Moody’s as at the end of September, according to a regulatory filing....
...Signa Prime and Signa Development own the bulk of the group’s most valuable assets — dozens of development properties and a portfolio of ultra-luxury addresses that include some of the most famous department...
...Jana Partners, the prominent US activist fund with around $2bn in assets, announced on Wednesday that it would work alongside Cannae Holdings, a financial sponsor holding company....
...Chinese ecommerce group PDD Holdings reported a 123 per cent increase in quarterly revenues, hailing 2023 as a “pivotal year” when its ultra cheap shopping site Temu turbocharged growth....
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times
...The futures of Signa Holding, the parent company of the two, and Signa Retail, a third sister company, are still undecided....
...If the brutality of a marathon or ultra-endurance event doesn’t appeal, how about a shorter-race? The FT’s HTSI delves into the growing Tracksmith Amateur Mile, a one-mile race....
...Chinese ecommerce group PDD Holdings has reported a more than doubling of quarterly revenues, hailing 2023 as a “pivotal” year during which its ultra-cheap shopping site Temu turbocharged growth....
...TPG sold a controlling stake in the talent agency CAA to Artémis, the holding company of the Pinault family, at a $7bn valuation....
...With Labour holding a big lead in opinion polls over the Conservatives ahead of the general election expected later this year, any change of view by the main opposition party could be problematic for the...
Ten funds holding the cryptocurrency hit stock exchanges after winning SEC approval
...Diehard fans will be thrilled at how each element of FFVII has been lovingly, lavishly upgraded, its story now told in ultra-stylish cutscenes with dramatic camerawork and fantastic music....
Hard-driving founder Bhavish Aggarwal defends ‘intense’ company culture that created country’s biggest e-scooter maker
...His investment vehicle was ultimately paid $578mn for part of its equity holdings in WeWork....
...In 2012, Bill Ackman convinced 3G Capital to merge with Justice Holdings, a UK special purpose acquisition company, sponsored by the hedge fund manager, Martin Franklin and Nicolas Berggruen....
...Cars for Ukraine | Owners of cars in London which do not comply with the capital’s ultra low emission zone standards will be able to send their cars to Ukraine, to support the country’s humanitarian and...
...Temu sells ultra-low-price clothing and knick-knacks mostly made in China. It has exploded in popularity since its debut last September....
...On one hand, if you can suspend judgment on the health risks associated with high-salt, ultra-processed foods, as most instant noodles are, there is something to celebrate in the relentless en-noodlement...
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