Real Estate Markets

Philip Morris quarterly results top estimates

Philip Morris quarterly results top estimates

Published 18/10/2018

LONDON (Reuters) - Philip Morris International (PM.N), maker of Marlboro cigarettes among others, reported higher than expected quarterly sales and profit on Thursday, helped by [more…]

Macau billionaire revives dormant theme park project, without theme…

Macau billionaire revives dormant theme park project, without theme…

Published 18/10/2018

MACAU (Reuters) - The son of billionaire Macau casino magnate Stanley Ho on Thursday announced the revival of an entertainment project left dormant for eight [more…]

U.S. mortgage industry faces job losses as refinancing dries up

U.S. mortgage industry faces job losses as refinancing dries up

Published 18/10/2018

NEW YORK (Reuters) - With mortgage applications falling to their lowest since late-2014, the U.S. home lending industry is facing a major overhaul in how [more…]

Sirius XM, Amazon join forces in push linked to Echo devices

Sirius XM, Amazon join forces in push linked to Echo devices

Published 18/10/2018

(Reuters) - Satellite radio company Sirius XM Holdings Inc is teaming up with Amazon.com in its push into listeners’ homes to move beyond its stronghold [more…]

Indonesia raids home of Lippo Group deputy chairman in bribery probe

Indonesia raids home of Lippo Group deputy chairman in bribery probe

Published 18/10/2018

JAKARTA (Reuters) - Indonesia’s anti-graft agency said on Thursday it had raided 10 locations, including the home of Lippo Group Deputy Chairman James Riady, as [more…]

Rising rates knock U.S. mortgage activity to lowest since 2014: MBA

Rising rates knock U.S. mortgage activity to lowest since 2014: MBA

Published 17/10/2018

(Reuters) - U.S. consumers filed the fewest requests for a mortgage since late 2014 last week as most home borrowing costs reached their highest levels [more…]

Turkey announces exemptions to forex contracts ban

Turkey announces exemptions to forex contracts ban

Published 08/10/2018

ISTANBUL (Reuters) - Turkey has announced exemptions to its ban on using foreign currencies in business agreements, including export-related contracts, capital market instruments and employment [more…]

Schroders Plc and Lloyds Banking Group in talks over wealth…

Schroders Plc and Lloyds Banking Group in talks over wealth…

Published 07/10/2018

(Reuters) - Asset manager Schroders Plc (SDR.L) and Lloyds Banking Group (LLOY.L) said on Sunday they were in discussions over a wealth management alliance. The [more…]

Germany on track for solid growth as business morale holds steady

Germany on track for solid growth as business morale holds steady

Published 24/09/2018

BERLIN (Reuters) - Business morale held steady in Germany in September, propped up by consumer spending and construction, a survey showed, to leave the country [more…]

Putnam stares down hedge funds on big shopping mall bet

Putnam stares down hedge funds on big shopping mall bet

Published 21/09/2018

BOSTON (Reuters) - Putnam Investments has placed a large, concentrated bet that struggling U.S. shopping malls can transform themselves even as key tenants shut stores [more…]