RICS bosses step down after damning Levitt Review

CEO Sean Tompkins, President Kath Fontana and others have stepped down from the Royal Institute of Chartered Surveyors, as an independent review talks of a “disaster waiting to happen”, recommending RICS undertake a “wide-ranging external review of purpose, governance and strategy”.

Bill Gates takes control at Four Seasons

Saudi Arabian Prince Alwaleed bin Talal has agreed to sell half of his stake in the luxury hospitality group to the Microsoft mogul’s Cascade Investment LLC for $2.21 billion, valuing the global operation at $10 billion.