Recent Posts

Balfour’s half-year losses shrink

  Bloomberg UK construction company Balfour Beatty Plc narrowed its first-half loss and restored its dividend as Chief Executive Officer Leo Quinn’s overhaul of the company advanced, lifting its share price. The company posted a pretax loss of $27 million, after a loss of 150 million pounds a year earlier. “We’ve clearly stabilized the business and are beginning to see ...

Read More »

Ontario Teachers’ Pension Plan to sell stakes in Vancouver buildings

  Bloomberg The Ontario Teachers’ Pension Plan is seeking buyers for a minority stake in its C$4 billion ($3.1 billion) real-estate portfolio in Vancouver, including office towers and shopping malls, according to people familiar with the matter. Cadillac Fairview, the real-estate unit of Canada’s third-biggest pension fund, is looking to raise about C$2 billion from the sale, according to the ...

Read More »

Etihad Airways joins Indian designer at Lakmé Fashion Week

  ABU DHABI / Emirates Business Etihad Airways has teamed up with renowned Indian fashion designer Manish Malhotra to showcase the artiste’s latest collection at the forthcoming Lakmé Fashion Week in Mumbai. The award-winning airline will join the highly acclaimed designer at India’s leading fashion event for the unveiling of his winter collection, taking place in the country’s commercial capital ...

Read More »
Send this to a friend