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By Nell Mackenzie LONDON, Feb 10 (Reuters) – Billionaire investor William Ackman’s Pershing Square fund reaped $2.7 billion on interest rate trades in 2022, but not enough to plug losses and the fund finished the year down almost 9%, according to an investor presentation seen by Reuters. U.S.stock indexes had a dismal 2022 with the …

Ackman's Pershing Square reaps $2.7 bln from rate trade but down 9%… Read More »

At the beating heart of Moscow, directly opposite the Kremlin on the eastern side of Red Square, you’ll find Russia’s most famous shopping mall. Known as GUM, the ornate neo-classical building sits a stone’s throw from St Basil’s cathedral and the mausoleum of Lenin, the man who attempted to overthrow capitalism.  Yet it has, in …

At the beating heart of Moscow, directly opposite the Kremlin on the eastern side of Red Square, you’ll find Russia’s most famous shopping mall Read More »

Jan 31 (Reuters) – Decades-high inflation and the impact of war in Ukraine have forced companies across Europe into lay-offs or hiring freezes. Here are some of the companies that have announced cuts: AIRLINES, AUTOS, TRAVEL * AIR FRANCE: France’s flagship carrier was in talks to shed nearly 300 ground-staff positions through voluntary redundancies, newspaper …

European companies cut jobs as economy sputters Read More »

No competition in world football provides a better shop window for out-of-favour players than the FIFA World Cup. With the 2018 tournament in Russia raking in a record-breaking 3.5billion viewers worldwide, the World Cup can single-handedly boom or bust a player’s stock in the upcoming January transfer market. It’s therefore no surprise that  outcast  chose …

Players using the World Cup to secure a January move Read More »

The man who monetized community in the office space with the controversial WeWork has turned the same theory to residential properties with his newest venture Flow.  Adam Neumann, 43, has described how the company will transform how people interact with their homes and give them with a sense of ownership even though they’re renting. To illustrate …

The man who monetized community in the office space with the controversial WeWork has turned the same theory to residential properties with his newest venture Flow Read More »

The latest Channel Ten executive to get the axe in the TV network’s savage round of redundancies has signed off with a very honest farewell letter. Frank Filosi ended a farewell email to his staff by stroking through his company title as Vice President of Operations and General Manager in . And he also crossed …

The latest Channel Ten executive to get the axe in the TV network’s savage round of redundancies has signed off with a very honest farewell letter Read More »

Dozens of families on the east coast of England could be forced to abandon their homes as coastal erosion threatens to doom their properties to the sea.  A recent report by climate group One Home estimated that coastal homes in England worth a total of £584million could be lost to cliff collapses by 2100.  The report …

Living on the EDGE: Homes inch ever closer to falling into the sea Read More »

By Martin Coulter and Greg Bensinger LONDON, Feb 8 (Reuters) – Alphabet Inc lost $100 billion in market value on Wednesday after its new chatbot shared inaccurate information in a promotional video and a company event failed to dazzle, feeding worries that the Google parent is losing ground to rival Microsoft Corp. Alphabet shares slid …

Alphabet shares dive after Google AI chatbot Bard flubs answer in ad Read More »

The man who monetized community in the office space with the controversial WeWork has turned the same theory to residential properties with his newest venture Flow.  Adam Neumann, eVDen EVE NakLiyat 43, has described how the company will transform how people interact with their homes and give them with a sense of ownership even though …

The man who monetized community in the office space with the controversial WeWork has turned the same theory to residential properties with his newest venture Flow Read More »

Confusion reigned at ‘s school in  on Thursday after the principal said it was closing permanently, only for parents hours later to email all and say classes would continue. Reports then emerged that the teachers had quit – following the string of controversial and antisemitic rants its founder has made in recent weeks. It was …

Confusion reigned at Read More »