RPT-Wall St Week Ahead-Bargain-hunters look to U.S. real estate stocks as S&P nears records – Reuters

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(Repeats SCHEDULED COLUMN originally published on Aug 7, no changes)
By David Randall
NEW YORK, Aug 7 (Reuters) – As the S&P 500 approaches fresh highs, some investors hope to pick up bargain…
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UPDATE 1-HSBC profit plunge hits FTSE 100, offsets bounce in factory activity – Reuters India

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(For a live blog on European stocks, type LIVE/ in an Eikon news window)
* HSBC slides as profit plunges 65%
* Real estate stocks drag on mid-cap index
* Engineer Senior, insurer Hiscox swing t…
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A small Caribbean nation helped popularize ‘citizenship by investment’ — now it’s counting on it to make up for lost tourism

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St. Kits and Nevis, like many of its Caribbean peers, is highly dependent on tourism revenue.
But with its borders still closed to foreigners, the small country’s pioneering “citizenship by investme…
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Millions in profits and 5429 units: Here’s why Ryan Gibson is going all-in on storage unit investing after years of flipping homes — and the strategy he’s using to capture the booming trend

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Before Ryan Gibson, the CIO and co-founder of Spartan Investment Group, started venturing into the realm of storage unit investing, he spent years fixing and reselling homes. 
“We flipped a bunch of…
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A Hong Kong real-estate tycoon wants to build a new city in Ireland for 50,000 emigrants fleeing China’s crackdown

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The river Belcoo, which forms the border between Northern Ireland and the Republic of Ireland.
Dan Kitwood/Getty Images
Hong Kong residents fleeing their home amid China’s crackdown might soon have…
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Shelf Engine has a plan to reduce food waste at grocery stores, and $12 million in new cash to see i

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For the first few months it was operating, Shelf Engine, the Seattle-based company that optimizes the process of stocking store shelves for supermarkets and groceries, didn’t have a name.
Co-founder…
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Real-estate developers are racing to reimagine struggling retail space as apartments or last-mile logistics hubs. But it’s a tricky strategy that’s far from a guaranteed win.

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The retail apocalypse was already in full swing before the coronavirus hit. After weeks of total shutdown, and now months of uncertainty, it’s become clear that the pandemic has only made the downwar…
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The world’s largest sovereign wealth fund lost $21 billion in the first 6 months of 2020 as COVID-19 decimated returns

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Reuters

  • Norway’s sovereign wealth fund, the largest in the world, suffered a 3.4% drop in the first half of the year, equivalent to around $21 billion.
  • Norges Bank Investment Managem…
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The world’s largest sovereign wealth fund lost $21 billion in the first 6 months of 2020 as COVID-19 decimated returns

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  • Norway’s sovereign wealth fund, the largest in the world, suffered a 3.4% drop in the first half of the year, equivalent to around $21 billion.
  • Norges Bank Investment Management, whic…
    Read More

REVEALED: The 20 leaders in charge of the powerful Goldman Sachs merchant-banking division that’s raising $100 billion for a new alternatives push

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Goldman Sachs’ merchant banking division has been through a lot of change recently.
The business unit has been ground zero for CEO David Solomon’s plan to pivot the company away from making private-…
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