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Dividends are a better bet than share buybacks

  The biggest source of fresh cash in American equities isn’t speculators or exchange-traded funds — it’s companies buying their own stock, by a 6-to-1 margin. There’s been a lot of chatter about stock buybacks the past few years. Some people believe share repurchases are propping up the market; others think this is a myth, or a non-story. There is ...

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Four Crystal Lagoons to feature in $250mn project in Egypt’s Sokhna mountains

  Bloomberg Crystal Lagoons, the patented technology developer of giant crystalline lagoons and only global company with the technological capability to make the development of giant controlled manmade bodies of water economically viable, has joined forces with Egyptian real estate development company, TatweerMisr, to develop the first man-made lagoons in the Sokhna mountains. The development will bring six stunning lagoons ...

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Reuben bros get nod to turn London Tower into luxury apartments

  Bloomberg Billionaire property investors David and Simon Reuben won approval to turn one of the oldest office towers in London’s Westminster borough into luxury apartments. The brothers will be allowed to turn the Millbank Tower complex near the Palace of Westminster into 207 homes with a skybar and a 150-bedroom hotel, the borough council decided at a meeting. Soaring ...

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