Greece to Increase Minimum Wage by €50 a Month From April 1
Greek Prime Minister Kyriakos Mitsotakis announced an increase of €50 ($53.9) a month to the country’s minimum wage for employees, lifting the amount to €830 from €780.
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Greek Prime Minister Kyriakos Mitsotakis announced an increase of €50 ($53.9) a month to the country’s minimum wage for employees, lifting the amount to €830 from €780.
One of China’s biggest property firms delayed its earnings report while another posted a record profit decline as the nation’s real estate crisis shows no signs of easing.
The owners of Saks Fifth Avenue are in talks to raise financing to bolster the cash portion of an offer to buy competitor Neiman Marcus, according to people familiar with the matter, moving two of America’s biggest high-end department stores closer to a deal after years of on-and-off courtship.
Jefferies Financial Group Inc.’s revenue jump — due to strong capital markets and rebounding investment banking — bodes well for the bigger banks due to report in weeks to come.
Blackstone Inc. sold 48 warehouses in Southern California to Rexford Industrial Realty Inc. for $1 billion.
Oct 25, 2020
Bloomberg News
,(Bloomberg) -- Aldar Properties PJSC will take over the development and management of projects worth 30 billion dirhams ($8.2 billion) in Abu Dhabi as part of an agreement with a state entity.
The developer signed a memorandum of understanding with ADQ on projects including the Riyadh City, Baniyas North development, and others in the Al Ain and Al Dhafra regions, according to a statement.
Aldar will also have management oversight of Musanada projects ranging from education, health care, infrastructure, social services and facilities management. Musanada provides support services to government entities in Abu Dhabi, the biggest sheikhdom in the United Arab Emirates.
The transaction “will significantly support future profit growth,” Aldar Chief Executive officer Talal Al Dhiyebi said.
It also said:
(Adds details from the third paragraph onward)
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