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BUSINESS

UK may ditch premium listings to boost LSE's appeal

Business, Katherine GriffithsSwetha Gopinath, Published on 04/05/2023

» LONDON: The UK is proposing "significant changes to the listing rulebook" in a bid to make London more attractive as a financial centre as moribund capital markets stoke fears about the city's ability to compete with New York and Asian hubs.

BUSINESS

California Considers Four-Day Workweek

Business, Katherine Bindley, Published on 18/04/2022

» Which is better: A four-day workweek or five?

BUSINESS

Is Thailand facing a labour shortage in the hospitality & tourism industry?

Michael F.J. Clarke, Published on 21/12/2021

» Over 3 million jobs have been lost in the hospitality & tourism sector in Thailand since the outbreak of Covid-19 in March 2019.

BUSINESS

Tommy Hilfiger Pays $46.25 Million for Palm Beach Mansion

Business, Katherine Clarke, Published on 13/07/2021

» Months after selling their grand Connecticut estate for $45 million, fashion designer Tommy Hilfiger and his wife Dee Ocleppo Hilfiger have snapped up a Palm Beach mansion for $46.25 million, according to three people familiar with the situation.

BUSINESS

Jon Bon Jovi Sells Palm Beach Manse for Roughly $20 Million

Business, Katherine Clarke, Published on 21/07/2020

» A contemporary Palm Beach home newly built by the rocker Jon Bon Jovi has sold to an unknown buyer for roughly $20 million, according to a person familiar with the transaction.

BUSINESS

Michael Bloomberg Pays $44.79 Million for Henry Kravis's Colorado Ranch

Business, Katherine Clarke, Published on 12/05/2020

» In the wake of his presidential campaign, billionaire businessman Michael Bloomberg has paid $44.79 million for a Colorado ranch, according to people with knowledge of the transaction.

BUSINESS

Bill and Melinda Gates Buy Oceanfront Home Near San Diego for $43 Million

Business, Katherine Clarke, Published on 23/04/2020

» Tech entrepreneur Bill Gates and his wife Melinda Gates have paid $43 million for an oceanfront home near San Diego, Calif., in one of the largest deals recorded in the area.

BUSINESS

Oil Price Rout to Hit U.S. Regional Economies

Business, Kim Mackrael Katherine Blunt Dan Frosch, Published on 23/04/2020

» Tumbling oil prices will have broad regional impacts on the U.S. economy, hitting states far afield from Texas, which was the engine of a national energy boom during the past decade.

BUSINESS

Thailand's F&B brand and price management: Secrets of success in an over stocked hospitality market

Andrew Clarke & Michael Clarke, Published on 15/10/2019

» More and more nightlife establishments are opening up every year, meaning the amount of competition is increasing dramatically. In Thailand alone, the number of nightlife establishments that were opened or relaunched grew by a total of 9.1 percent from 2012 to 2017, bringing the total amount to just under 9,000.

BUSINESS

Is your hospitality establishment ready for the next recession?

Michael F. J. Clarke, Published on 24/09/2019

» Amid many optimistic reports of a continually growing world economy, which is always good news for the hospitality industry, there are some indicators that may signal a possible economic slowdown and recession that may already be occurring. This article presents six such indicators and how this may impact the hospitality sector. It also suggests some strategies that you can employ to help your business in the good, and even not so good times that may be ahead.