Investors were disappointed as Microsoft’s cloud growth did not meet their expectations, the luxury office market in Miami hit an all-time high, and London’s stock market lagged in mining company listings. On the other hand, Pakistani banks are thriving due to increased government debt, as explained by the FT’s Humza Jilani.
- Microsoft shares disappoint on Wall Street as cloud growth falls short
- Miami office space costs soar to record levels
- Pakistani banks see profits surge from government debt interest
- London loses its dominance in global mining sector listings
The FT News Briefing team, led by Fiona Symon, Sonja Hutson, Kasia Broussalian, and Marc Filippino, uncovers these stories and more. With contributions from Mischa Frankl-Duval, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva, Gavin Kallmann, Monica Lopez as the engineer, and Prakriti Panwar as the intern.
In conclusion, as the business landscape continues to shift and evolve, it is crucial for investors and stakeholders to stay informed and adapt to these changes. Stay tuned for further developments and insights to navigate the dynamic world of finance.
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