Sunday, 12 Jan 2025

Business

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‘He’s the Best, He’s the Best, He’s the Best’

Adam Moss’s decision to step down after 15 years as editor in chief of New York sent ripples through the magazine world. The New York Times spoke with peers and colleagues about his career and influence. Their remarks have been edited for length and clarity. Graydon Carter Former editor, Vanity Fair “Adam was, and is, […]

Over half of institutional investors to increase Asia-Pacific property allocations: Survey

SINGAPORE – Over half of institutional investors globally, or some 57 per cent, intend to increase their allocations to Asia-Pacific real estate over the next two years, a survey showed. According to the latest Investment Intentions Survey of institutional investors and funds of funds managers published by ANREV, INREV and PREA, European investors are the […]

Citi says chance of delay to Brexit now 'very high'

LONDON (Reuters) – U.S. investment bank Citi (C.N) said on Tuesday there is now a “very high” chance that Brexit will be delayed past March 29, after lawmakers defeated Prime Minister Theresa May’s Brexit divorce deal by a crushing margin. “After tonight’s emphatic rejection, small tweaks won’t get the deal over the line,” economists from […]

The Next Frontier in Office Space? The Outdoors

For years, office architects and designers have been bringing nature into the workplace, incorporating materials like wood and stone and strategically deploying plants and botanical artwork. Now, companies are inviting employees to step outside for a taste of the real thing. Employers with suburban campuses have long turned swaths of blank lawn into furnished outdoor […]

Irish shares claw back some losses ahead of crucial Brexit vote

Irish shares clawed back some of their losses in afternoon trading as a crucial vote on Theresa May’s Brexit deal looms. The ISEQ index finished down 0.5pc however, with some big names with substantial UK businesses posting losses. Ryanair lost 2.33pc while bookmaker Paddy Power Betfair lost 1.36pc. In London the FTSE 100 closed at […]

Exclusive: Brazil's Odebrecht offers debt-for-equity swap for Atvos unit – sources

SAO PAULO (Reuters) – Corruption-ensnared Odebrecht SA [ODBES.UL] has proposed that creditors take over its sugar and ethanol unit, Atvos Agroindustrial Participacoes SA, in exchange for reducing Odebrecht’s huge debt load, according to two sources with knowledge of the matter. The move is the latest sign of the radical way in which Brazilian conglomerate Odebrecht, […]

Expecting a Huge Payout, Investment Banker Loses His New Job Instead

Andrea Orcel is Europe’s most famous investment banker, a suave, brash and fabulously wealthy dealmaker who counts many of the Continent’s chief executives as his longtime clients. Last fall, he agreed to become one of those C.E.O.s. He accepted a job running the day-to-day operations of Banco Santander, a sprawling European and American lender whose […]