UAE’s $35 Billion Egypt Deal Marks Gulf Powers’ Buying Spree
Crown jewels including resorts and a gas station chain are up for grabs. Saudi Arabia mulls purchases.
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Crown jewels including resorts and a gas station chain are up for grabs. Saudi Arabia mulls purchases.
(Bloomberg) -- China’s industrial companies’ profits fell in March as exports flagged and deflationary pressures persisted, suggesting the economy’s stronger-than-expected growth early this year might be tough to maintain.
New York Community Bancorp Inc. has had one of the most tumultuous quarters in recent banking history. Its first-quarter earnings will probably reveal more about impacts from the drama — and management’s plan to move forward.
Donald Trump’s longtime personal assistant, who worked for his real estate empire for decades, told a jury that she has a “vague recollection” of seeing Stormy Daniels at Trump Tower sometime before 2015.
The delinquency rate for US small businesses climbed to a three-year high this month, reflecting the impact of rent spikes and declining revenue, according to a monthly survey.
Feb 7, 2017
Reuters
,OTTAWA - The value of Canadian building permits in December dropped 6.6 per cent from November, the biggest slide in almost a year, on weakness in both the residential and non-residential sectors, Statistics Canada said on Tuesday.
Analysts in a Reuters poll had predicted a 4.0 per cent fall. December's decline was the largest since the 9.5 per cent retreat posted in January 2016.
The value of permits in the non-residential sector fell 11.5 per cent on lower construction intentions for commercial buildings, in particular retail and wholesale outlets as well as warehouses.
Decreases in the non-residential sector were reported in seven of the 10 provinces. Ontario, Alberta and Quebec, which together account for well over half of Canada's population, posted the largest declines.
The residential sector dropped 4.1 per cent as municipalities issued fewer permits for multi-family dwellings, due to lower construction intentions for rental apartments and row houses. The decrease was partly offset by a notable gain in apartment-condominiums in Ontario.