Housing Market
Exclusive: Saudi Arabia to auction detained tycoon's real estate assets - sources
RIYADH Saudi Arabia will auction real estate owned by indebted billionaire Maan al-Sanea and his company starting next month to help repay billions of riyals due to creditors, sources familiar with the matter told Reuters.
Islamic banks face outdated property rules: industry body
Regulators overseeing Islamic banking must revise guidance on real estate exposures to align with the post-financial crisis capital rules of Basel III, a global industry body said on Sunday.
Growth in Chinese home prices accelerates to two-year high
BEIJING China's home prices accelerated in August at the fastest pace in nearly two years, a sign that Beijing's efforts to boost a slowing economy may once again be heating up frothy real estate markets.
Australia's new treasurer to get tough on financial regulator
MELBOURNE Australia's new federal treasurer, Josh Frydenberg, criticized the conduct of the corporate regulator and promised it powers to speed up compensation for mistreated customers.
Nexa says to invest $1.17 billion in Peru, Brazil in five years
LIMA Brazilian mining company Nexa Resources plans to invest some $1.17 billion in copper and zinc projects in Peru and Brazil over the next five years, the company's general manager Ricardo Porta said on Friday.
Millions of Americans still trapped in debt-logged homes ten years after crisis
EAST STROUDSBURG, Pa., 2018 School bus driver Michael Payne was renting an apartment on the 30th floor of a New York City high-rise, where the landlord's idea of fixing broken windows was to cover them with boards. | Video
Kinder Morgan hires TD to sell Canadian business: sources
TORONTO/NEW YORK Kinder Morgan Inc has hired investment bank TD Securities to facilitate a potential sale of its Canadian business, which could fetch as much as C$2.4 billion ($1.8 billion), people familiar with the situation told Reuters this week.
Land conservation steps into limelight as key climate change fix
SAN FRANCISCO (Thomson Reuters Foundation) - From U.S. states to retail giant Walmart, governments and businesses pledged to protect natural lands that help brake global warming at an international climate summit this week.
Energy firms, Nasdaq to prop up power market after trader default
OSLO Nordic energy firms pledged on Friday to help replenish a contingency fund after a private Norwegian trader defaulted and exchange operator Nasdaq said it would provide additional capital to maintain trust in the market.
Britain and EU 'closing in' on a Brexit agreement, Raab says
LONDON Britain and the European Union are "closing in" on a withdrawal agreement, Brexit minister Dominic Raab said on Friday, before a meeting of European leaders in Salzburg next week. | Video
Business News Headlines
- Trump 'likely' to announce new China tariffs as early as Monday: source
|
- BMW drives to cut battery costs, share costs on autonomous vehicles: executive
- How JPMorgan's CFO became the top prospect to succeed Dimon
- Credit Suisse CEO targets annual profit of 5-6 billion Swiss francs: newspaper
- Campbell, Third Point urge shareholders to vote for two different boards
- Citigroup pays $12 million to settle dark pool probe
- Volvo Cars seeks U.S. tariff exemption for Chinese-made SUV
- Lockheed wins contract for U.S. Air Force GPS satellites
- Tariffs threaten market-leading tech, consumer stocks