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...Singaporean sovereign wealth fund GIC acquired a 35 per cent stake in Spain’s Hotel Investment Partners from Blackstone Group, while Abu Dhabi Investment Authority, one of Abu Dhabi’s sovereign wealth funds...
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...“Changing the creative vision and elevating price points at the same time is a harder job in the current mixed external environment for the sector, thus requiring a longer timeframe for top line benefits...
...Widerström, a veteran of the online gambling industry who was installed as chief executive in October, is trying to revive the fortunes of the indebted group that has been blighted by compliance failings...
...The group estimated the rule would cost airlines $33bn over 10 years....
...By contrast, concert promotion, by far Live Nation’s biggest division with 82 per cent of group revenue, pulled in only 17 per cent of total AOI....
...groups....
...Only about one-third of available Airbnb rentals for the Paris area have so far been booked during the Olympics, according to data analytics group AirDNA, while 3,000 to 3,500 new listings are coming online...
...For better or worse, the Vision Pro’s time has come....
...Frasers’ finance chief Chris Wootton, however, said the group “has a vision to build the planet’s most admired and compelling brand ecosystem” and that it already sold Hornby’s products through Game, a gaming...
...The outcome could have ramifications beyond the industry....
...Pemex is one of the most indebted oil groups in the world with a nearly $110bn debt load....
...MainFT, last night: The Federal Trade Commission has sued to block US luxury goods group Tapestry’s $8.5bn acquisition of Capri Holdings, a move that threatens a bid to create a US rival to European giants...
...The cancellation comes as the EV industry has slowed in recent months....
...Ocado’s board said it was mindful of Steiner’s “unique position as a founder and his long-term focus and strategic vision” in its most recent annual report as it detailed the changes....
...Cook said the Vision Pro launch in the US would be followed by “expansion to other countries later this year”....
...The sale to Ithaca — which is majority owned by Israel’s Delek Group — includes British assets that Eni took on with Neptune....
...Turkey’s buoyant tourism industry has also provided a boost....
...of the worst stock slumps in Tesla’s 14-year history, Elon Musk was under pressure this week to deliver a reassuring message to investors about its next generation of electric vehicles and a persuasive vision...
...Apple’s release this month of its Vision Pro, a “mixed-reality” headset, is another bet on future revenue streams....
...The combined group would have revenues of about £4.7bn in North America, JD Sports said, adding that the region’s contribution to sales would increase to about 40 per cent, from current levels of about 30...
..., as it ditched specific targets for its financial services and build-to-rent divisions — a key plank of her earlier vision....
...The modern stadium is a feat of architectural vision and engineering prowess, as we explained in this FT Big Read to kick off the new year....
...“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...
...The two investment groups began talking about a strategic partnership nearly two years ago but that conversation foundered over competing visions, according to at least five people briefed on the talks....
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