Billionaire Lance Gokongwei’s Robinsons Land Sells $536 Million Of Malls To REIT

Contriobutions from Robinsons Land’s shopping malls, along with its hotels helped boost the … More company’s 2023 net profit to record levels. Robinsons Land Philippine billionaire Lance Gokongwei is hiving off about 30.7 billion pesos ($536 million) worth of shopping malls into his family’s RL Commercial REIT that will help the group’s diversified property arm…

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Amazon UK under investigation for suspected payment delays

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK’s grocery watchdog has launched an investigation into whether Amazon has been delaying payments to food suppliers after preliminary “evidence” was brought to its attention. The Groceries Code Adjudicator, which helps ensure the UK’s…

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The markets are silent — that is worrying

Stay informed with free updates Simply sign up to the Global Economy myFT Digest — delivered directly to your inbox. Three decades ago I became fascinated by the concept of “social silence” — or the idea advanced by intellectuals such as Pierre Bourdieu that what we do not talk about is more important than what…

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