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.
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.
Dec 2, 2022
The Canadian Press
The Real Estate Board of Greater Vancouver says the typically slow conditions it sees in November were even more sluggish last month as home sales dropped 53 per cent from a year ago and 15 per cent from October.
The B.C. board says sales in the region totalled 1,614 last month and were 36.9 per cent below the 10-year November sales average.
The board warned such conditions could persist as inflation remains stubbornly high and further interest rates are expected, encouraging people to forego home purchases over the holidays.
Those that were in search of properties last month found only 3,055 new listings, a 22.9 per cent fall from November 2021 and a 24.2 per cent drop from October 2022.
The composite benchmark price in the region sat at $1,131,600 last month, a less than one per cent decrease from November 2021 and a 1.5 per cent drop from October 2022.
The number also amounts to a 10.2 per cent decrease over the last six months.
This report by The Canadian Press was first published Dec. 2, 2022.