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Soho China considers $8b office tower sales

Bloomberg Soho China Ltd is considering selling a majority of its commercial property holdings in deals that may fetch as much as $8 billion, people familiar with the matter said, sending the shares up the most on record. At least eight office towers in Beijing and Shanghai are being discussed as part of the planned sales, the people said, asking ...

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The inflation mystery

The virtual elimination of inflation is one of the great uncovered stories of our time. If you go back to the 1970s and the early 1980s — a period when, admittedly, many of today’s Americans weren’t alive — surging inflation seemed unsolvable. From 1975 to 1980, the consumer price index (CPI) rose an average 9% a year. There was much ...

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Barclays CEO’s next big challenge

Jes Staley, Barclays Plc’s chief executive officer, has a new spring in his step. After facing down an attack this year from an activist investor who wanted the British lender to shrink its investment bank, Staley has been vindicated. While a victory lap would be premature, Staley does have plenty to feel good about. His bank was able to preserve ...

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