Goldman Sachs: Asian real estate giants pivot to asset-light model. Goldman Sachs says market is missing the upside

Major Asian real estate groups are moving away from traditional property ownership and development towards fee-based asset management, and investors are not fully appreciating the financial upside of this transition, investment banking company Goldman Sachs said in an equity research report.The Wall Street bank argued that while the market has broadly accepted the logic of…

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Why US struck Iran amid shaky ceasefire: 10 things to know about the ‘self-defence’ strikes

The fragile ceasefire between the United States and Iran came under fresh pressure after US forces carried out what Washington described as “self-defence” strikes targeting Iranian missile launch sites and boats allegedly attempting to lay mines near the Strait of Hormuz.The strikes took place even as indirect negotiations between Washington and Tehran continued over a…

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UK heatwave turns deadly: 9 die in separate water incidents over Bank Holiday weekend, urgent warning issued

At least nine people, most of them teenagers and children, have died in separate water-related incidents across the UK during the recent heatwave and Bank Holiday weekend, according to a BBC report. The deaths have triggered urgent warnings from water safety experts, who are calling for immediate action to educate young people about the dangers…

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Microsoft-owned LinkedIn to lay off hundreds of employees; company says: As part of our regular business planning, we have …

Microsoft-owned LinkedIn is reportedly laying off hundreds of employees across multiple teams. The professional networking site is reportedly cutting 5% of its global workforce, or approximately 875 employees. In a statement to Business Insider, a LinkedIn spokesperson said that the job cuts come, “As part of our regular business planning, we’ve implemented organizational changes to…

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Tom Brady million dollar collection: “It’s never come easy for me, I don’t think my mind allows me to rest ever” – From luxurious cars and impressive watches to massive mansions and team ownerships | NFL News

Tom Brady million dollar collection: “It’s never come easy for me, I don’t think my mind allows me to rest ever” – From luxurious cars and impressive watches to massive mansions and team ownerships (Image via Getty: Tom Brady) Tom Brady was overlooked early in his football career. He was the backup quarterback on a…

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‘There won’t be escalation’: Donald Trump reacts to Raúl Castro DOJ indictment over 1996 civilian plane shootdown

Donald Trump has played down fears of rising tensions with Cuba after US Justice Department indicted former Cuban president Raúl Castro over the 1996 shooting down of civilian aircraft, insisting that “there won’t be escalation” between the two countries.Asked whether the indictment could trigger further confrontation, Trump responded: “No. There won’t be escalation. I don’t…

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