Owners vote to strip Trump name from building
Big, brassy letters spelling ‘Trump’ will be ripped off another New York apartment tower
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World’s best carry trade intact as Egypt pivots
Egypt’s real interest rates remain elevated relative to emerging-market peers
Bond traders brace for return of US debt cap
March 1 marks the final day of the borrowing cap’s suspension
Fitch keeps negative outlook on indebted Italy
Decision to keep rating 2 steps above non-investment grade will provide relief to Italy
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Markets
Boring week in stocks was full of drama
A menace was lurking in plain sight amid this sea of tranquillity: growth fears
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Kenya vows to defend its territory in Somalia oil row
Border discord dates back to 2014, when Somalia went challenged maritime border pact
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China debt default upends assumptions on official aid
Investors appeared to not have seen the coupon-payment failure coming
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Sharia investment start-up targets Asia, Africa
‘We want to be first global Islamic financial institution’
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‘White knights’ rescue Dubai’s distressed projects
The decline in land costs has helped them better manage the cost of turnarounds
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Car a chance for teens to learn about money
During process of obtaining driver’s licence, there will be many charges and fees
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Property
Change needed in how property indices are put together
Secondary transactions are given prominence and that’s giving a skewed vision
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Business
EU to target Caterpillar, Xerox if Trump hits cars
Caterpillar, which announced earnings last month, had its biggest profit miss in a decade
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China is getting ready to buy more US corn
US farmers have been at the centre of Trump’s trade war
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‘Tesla Model 3 can no longer be recommended’
Problems reported by Model 3 owners included loose body trim and glass defects
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Business
Barclays’ Grimstone steps down
Grimstone, 69, sits on Barclays’s board and also chairs Barclays Bank Plc
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Kraft Heinz announces $15.4b write-down
Consumer preferences shifting in favour of fresh products over processed ones
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Business
Philippine central bank stays hawkish on policy
Asian central banks held back on further tightening this year
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Business
Months-long slide in German business morale deepens
Ifo institute’s business confidence index slid 0.8 points this month to reach 98.5