Core Insights - WorldVue has joined the Preferred Hotels & Resorts Alliance Partner Program, becoming a recommended provider of in-room entertainment and Wi-Fi for member properties globally [1] - The partnership aims to enhance technology infrastructure for independent hotels and resorts within the Preferred Hotels & Resorts network, which includes over 625 properties across more than 80 countries [1][2] Group 1: Partnership Objectives - The collaboration with WorldVue seeks to provide advanced technology solutions tailored for member hotels, enhancing their operational capabilities [2] - WorldVue specializes in creating customized infrastructure ecosystems that prioritize discretion and performance, leveraging over five decades of experience in the hospitality sector [2] Group 2: Operational Approach - WorldVue works directly with ownership groups, asset managers, and property leadership teams to address complex operational needs from implementation to long-term optimization [3] - The company emphasizes that independent luxury properties require technology that aligns with their vision while maintaining their unique identity [3] Group 3: Long-term Vision - WorldVue's approach to partnerships focuses on long-term stewardship, ensuring that the technology infrastructure is as exceptional as the guest experience [4] - The partnership with Preferred Hotels & Resorts allows WorldVue to enhance technology stability and reliability for each property [4] Group 4: Service Scope - WorldVue provides connectivity, video, and professional services to over 8,000 properties and more than one million rooms worldwide [5] - The company recently formed an alliance with Cabling Solutions to further strengthen its IT infrastructure offerings for the hospitality industry [5]

Banca Monte dei Paschi di Siena’s (BMPS) board has approved a full merger with Mediobanca, which will result in Mediobanca being delisted from the Milan stock exchange. “Accordingly, it has resolved to start the activities aimed at the integration with BMPS through a merger by incorporation and the consequent delisting of Mediobanca, in accordance to the regulations governing related-party transactions and the applicable legal requirements,” . BMPS acquired an over 86% stake in Mediobanca in September l ...

InterContinental Hotels Group (IHG) has introduced a new premium collection brand, Noted Collection, with aims of expanding its presence in the upscale and upper-upscale hotel segment through property conversions. The company is currently in talks with several hotel owners, including those managing multiple properties, to discuss potential integration into the IHG system. The Noted Collection marks IHG’s 21st brand and is expected to reach more than 150 hotels worldwide within the next ten years. The i ...

Annaly Capital Management (NYSE: NLY) is a popular stock. That's mainly due to the real estate investment trust's (REIT) big-time dividend yield. At over 12%, it's 10 times higher than the S&P 500's dividend yield (1.2%). I used to own Annaly stock. However, I sold my investment in the mortgage REIT due to its falling dividend and stock price. I've replaced it with Main Street Capital (NYSE: MAIN), a financial stock that does a better job of growing its dividend and shareholder value. Here's why I think th ...

LONDON (AP) — Inflation in the U.K. fell to a 10-month low largely on the back of lower food and gas prices, official figures showed Wednesday, a downward move that has reinforced expectations that the Bank of England will cut interest rates in March. The Office for National Statistics said the consumer prices index was 3% higher in January than the year before, down from 3.4% in December. The decline was in line with analysts' expectations and puts inflation well on the path to the central bank's targe ...

Group 1: Partnership and Technology Implementation - Emerson has been selected by Enagás to provide digital management solutions for Spain's energy supply stability and security [1] - Enagás is utilizing AspenTech OSI monarch SCADA and OSI Continua Pipeline Management tools for real-time energy calculations and gas tracking [2] - The digital technologies support Enagás' goal of integrating renewable gases like biomethane and hydrogen into the existing network [3] Group 2: System Enhancements and Strategic Goals - The AspenTech cloud-hosted SCADA solution aims to improve system maintenance, strengthen cybersecurity, and enhance utility operations [4] - Emerson's solutions provide Enagás with full visibility across mission-critical systems, supporting the natural gas supply for the future [5] - Enagás has announced a profit after tax of €339.1 million and an EBITDA of €675.7 million for 2025, with a 7.4% increase in demand for transported natural gas [5] Group 3: Future Projections - Enagás forecasts a recurring profit after tax of around €235 million and EBITDA of around €620 million for 2026, with an investment target of €225 million [6] - The company aims to achieve a net debt target of nearly €2.4 billion [6]

ASK Asset & Wealth Management Group has received regulatory approval from the Securities and Exchange Board of India (SEBI) to begin operating as an investment manager for mutual funds in India. The company previously received in-principle clearance from SEBI in March 2025 for its entry into the mutual fund sector. It plans to offer a range of products including active equity, passive strategies, hybrid, and fixed-income funds. The company will provide investment options suitable for various investor g ...

Billionaire venture capitalist Peter Thiel has fully exited ETHZilla (NASDAQ: ETZH), the Ethereum-focused treasury firm. The firm once counted his backing as a major endorsement of corporate ETH accumulation strategies. Just months earlier, Thiel had disclosed his stake in ETHZilla, positioning the move as a notable bet on Ethereum’s role as a corporate treasury asset. Related: Peter Thiel-backed bank gets conditional regulators nod Peter Thiel brings stake to zero According to a Form 13G/A filed with ...

Curious about what a high-end retirement actually costs, I asked ChatGPT to build out a realistic budget for someone spending $200,000 a year. The goal is to see what a “very comfortable” retirement looks like without getting into ultra-wealthy territory. The AI assumed a couple living in the U.S. with no mortgage, active travel plans and solid healthcare coverage. Here’s what it came up with. Housing Takes Up $40,000 ChatGPT allocated about $3,333 per month for housing costs. This covers property taxe ...

The group said its board believes the planned fundraise will provide "additional liquidity" and result in the "optimal capital structure". Debenhams expects the fundraise to reduce its net debt to adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA) ratio to less than 2x within FY27. Currently, its board is engaged in “advanced discussions” with the group’s lending syndicate, aimed at improving covenant terms and increasing financial flexibility for the ongoing turnaround an ...