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.
Jul 4, 2019
BNN Bloomberg
,Canada's largest housing market registered another month of double-digit sales gains in June, while deteriorating inventory helped push prices higher.
There were 8,860 property transactions across the Greater Toronto Area in June, representing a 10.4 per cent increase from a year earlier.
Meanwhile, total active listings fell almost six per cent in the month.
The combination of rising sales and fewer homes on the market helped lift the average selling price three per cent to $832,703.
That opened the door for the local real estate board to renew its criticism of stress tests on uninsured mortgages that took effect at the start of last year.
"Over the next year, as demand for ownership and rental housing continues to grow, my hope is that we will see more movement from policy makers on two fronts: alleviating the constrained supply of housing and providing more flexibility around demand-side policies, including the OSFI two percentage point mortgage stress test and allowable amortization periods on insured mortgages,” said Toronto Real Estate Board President Michael Collins in a release.