Thomas Cook collapse leaves thousands stuck as rescue fails – BNNBloomberg.ca

https://lh5.googleusercontent.com/proxy/lz8mYhemCy7JUVt9xw0AOkj0_C0YQLx47OPl-QKsaHFWLDOavNT6CnFMix5DIoQEVqTc5JcHvzdlKK0uk7WxGgJ__DMskMNMyjs92qJidLpxSpZhTdRwooWJs1Wif7jYgw7bMMdmKJccjvMYtOnDht3B0GllhmZtfpMSEK8M–7o3EP-ulApV8E8lKbLLaU-J4Ed6Xt9BGvqs_DJX30k-rmbXKHaki2_mztrUv9IF1ngffmSsnE5F7vbEOYozX605CoDKkM-6bTGDoreaGNSvcNwT4XACFUr8dNhqbT6a_qX3SUT5SAABh7O-R011Da3=-w150-h150-c Thomas Cook Group Plc collapsed under a pile of debt after talks with creditors failed, forcing the British government to charter planes to bring home more than 150,000 of the storied travel provider’s stranded customers. The 178-year-old U.K. company filed for insolvency early Monday after eleventh-hour fund-raising talks with investors led by China’s Fosun […]

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Investors offload foreign assets – SHINE News – Shine News

https://lh4.googleusercontent.com/proxy/-OIRYXcYNgjAEFJiWLtQuCTgFVHbNnGzFaoXTYBmTAqR8V1fEXx7NhrSLT6d2KwEhn6O3t7DATTV0bTk39UkIBzDhjJycchPnovCyqTpAq9AiW1-1dMJFIWKJ3IB3Tbshr_8=-w150-h150-c Asian outbound commercial real estate investment fell 25 percent to US$19 billion in the first half of 2019, weighed down by the rebalancing of portfolios by Chinese investors as well as global economic uncertainties, the world’s leading property consultancy CBRE has reported. Purchasing by Chinese mainland buyers, who have shifted to net sellers since […]

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SS&C GlobeOp Forward Redemption Indicator – Yahoo Finance

SS&C GlobeOp Forward Redemption Indicator: September notifications 3.67% WINDSOR, Conn., Sept. 23, 2019 /PRNewswire/ — The SS&C GlobeOp Forward Redemption Indicator for September 2019 measured 3.67%, up from 3.41% in August. View photos SS&C GlobeOp Forward Redemption Indicator More “SS&C GlobeOp’s Forward Redemption Indicator for September 2019 was 3.67%, in line with historical averages. Though up slightly […]

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Crypto exchange OKEx eyeing to launch Tether margin futures in October – Yahoo Finance

Cryptocurrency exchange OKEx has been preparing to launch Tether (USDT) margin futures next month. An OKEx spokeswoman told The Block on Monday that the product is currently scheduled to launch in October, but the exact launch schedule is yet to be determined. The spokeswoman did not comment on specifics of the product, saying: “We will […]

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Capital City: Gentrification and the Real Estate State by Samuel Stein – GC Advocate

https://lh4.googleusercontent.com/proxy/HN3sTCYwc4ylC4WlXxW3jNEAq1s-h9-yOrgHxlRdZ0I1qZagiB33dXy4iL-e9iCwRVojzGvpn8FiUb0lw75l6QDD-Duw1w=-w150-h150-c Emily Holloway All photos credits by author Early this spring, not long after the long-anticipated grand opening, I visited Hudson Yards on a cloudy, damp weekend afternoon. The adjacent, $2.4 billion extension of the Flushing line across the street was out of service for the day, so I approached the New West Side from […]

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US hedge fund pushes Sony to man up | Article – Asia Times

https://lh4.googleusercontent.com/proxy/POoyDAgFT0j2IcQQr8A7VWkS1fkhBG9fmwyJuJxBK-BlE3d1z6gynxNvB1zWeydAf4qdkH9REufIB7nyaKFXLfiLSTBF437u6w1jL8hhjmzCVnN6Ezd-ag=-w150-h150-c Western hedge fund managers don’t tend to be altruists. Naturally, when they target Asian companies, they are looking to make money. Sometimes, though, their interests align not just with a specific company, but the entire economy underpinning it. Such may be the case with New York hedge fund guru Daniel Loeb, Japanese corporate star […]

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