businessfast

Real Estate

KKR real estate fund curbs redemptions in echo of Blackstone move

KKR has become the latest investment manager to limit withdrawals from a property fund, following rival Blackstone Group in imposing curbs after a surge in redemption requests from clients. The $1.6bn KKR Real Estate Select Trust fund disclosed in a...

Opinion

End of China honeymoon?

Over the past 30 years, MNCs have enjoyed an increasingly open world. Taking advantage of a unipolar globe with relatively free flows of capital, trade and ideas, MNCs tapped capital from wherever they chose, built businesses optimised for global supply...

Technology

Uber not planning layoffs: CEO Dara Khosrowshahi

Ride-hailing giant Uber is not planning any company-wide layoffs, the US firm's boss said Thursday, bucking the downsizing trend in the tech sector.Uber employed some 32,600 drivers worldwide at the end of September, according to the company's last quarterly earnings...

legal

MPs call for new tribunal to hear mental health treatment challenges

The government should pilot a mental health tribunal that would enable patients under the Mental Health Act to potentially challenge their treatment plans, a parliamentary committee tasked with scrutinising reforms of the 40-year-old legislation has recommended. Following an independent review...

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