Planet Business

This week: Luxury property, businesses that serve all and ‘Dot Everyone’

Image of the week: Welcome signs

A sign reading "This business serves everyone" is placed in the window of Bernadette's Barbershop in downtown Lafayette in the US state of Indiana. The store is one of several displaying a sticker stating the slogan. Indiana's Republican governor Mike Pence, responding to national outrage over the state's new Religious Freedom Restoration Act, said this week he would "fix" it to make clear businesses cannot use the law to deny services to same-sex couples. Meanwhile, in Belfast a court has reserved judgment in the case of Ashers' bakery, which refused to complete an order for a cake bearing the words "support gay marriage" and was sued as a result. Photograph: Reuters /Nate Chute

In Numbers: Luxury property

17 Number of sq m of property that $1 million will buy you in Monaco, according to a new wealth report by property consultants Knight Frank. Monaco is very popular with ultra-high net worth individuals (UHNWIs) for some reason we couldn't begin to guess.

READ MORE

34 Number of sq m of property that $1 million will buy you in New York – still a tight squeeze. Knight Frank predicts New York will eventually overtake London as the city the highest number of UHNWIs call home.

79 Number of sq m of luxury property that $1 million will buy you in Moscow. But Russian oligarchs haven't been overly keen on hanging around their home nation lately – about a third of ultra-wealthy Russians want to leave.

The Lexicon: Dot Everyone

It is "time to balance the world of dot com", according to Lastminute. com co-founder Martha Lane Fox. Everybody must "take the chance to shape the digital world as it shapes us", she explained. At the moment, however, the digital world is mainly been shaped by men, so Lane Fox is proposing a new institution that would redress the imbalance. "I would call it Dot Everyone," she said in a high-profile BBC lecture this week. Dot Everyone would "figure out how to put women at the heart of the technology sector" and break down the "comfortably monoculture world" perpetuated by the big tech companies. The independent institution would be supported by the UK government and would make Britain "the most digital nation on the planet". A petition has been launched.

Getting to know: Bernardo Hees

"The food is terrible and the women are not very attractive," was how Bernardo Hees recalled the time he spent studying for an MBA in Britain. His rash honesty came four years ago when he was chief executive of Burger King. Since then Brazilian-born Hees has advanced to become chief executive of Heinz soon after the sauce and beans company got into bed with Burger King. His empire is now set to expand once more, with Heinz's owners, Brazilian private equity firm 3G and Warren Buffett's Berkshire Hathaway, engineering a takeover of processed cheese company Kraft, which means Hees will lead the fifth largest food company in the world. He's got the burger, the ketchup and now the cheese. But he won't want to make a meal of it.