Bank says it has started formal process to identify successor
Jump in flows that began in February suggests region has overcome its traditional reluctance to invest in arms
Mayfair and Belgravia landlord to convert parts of portfolio to capture demand for flexible office space
Efama president says small group of states could forge ahead and warns delay hands ‘ever-increasing advantages’ to US
Agreement would give senior creditors control of reorganised co-working company in exchange for $450mn