Investing
Haitong To Raise $1.68 Billion In World’s Biggest IPO In 2012: Report
Spain and France Still Top Destinations for UK Second Home Owners
New Home Building in Australia Remains Weak
EDITOR'S PICKS
-
Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires
-
Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'
-
How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires
-
What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?
Exxon Mobil tops the Forbes' list of Global 2000 companies. It seems the heavyweights of the business world are not affected by the slow global growth or the eurozone crisis. Coty Expands in Empire State Building
Beauty company Coty Inc has signed a new lease for 317,716 square feet (29,517 square meters) in New York City's Empire State Building, adding two floors to the four it already occupied in the iconic skyscraper. NYC Will Open 54 New Schools This Fall & A Software Engineering School, Says Bloomberg
Mayor Michael R. Bloomberg and Schools Chancellor Dennis Walcott announced the city's plan to open 54 new schools this fall, including a high school academy for software engineering. Come September, the Bloomberg administration will have closed 140 schools and opened 589 new ones since 2002, through a longstanding policy that has set out to replace poorly performing schools. The new schools will eventually serve more than 21,000 students. Singapore Tightens Rules For Developers
Singapore said on Wednesday it will tighten rules to ensure developers reflect the size and layout of apartments more accurately as part of new measures to protect buyers who are less familiar with the property market. Warren Buffett: What About The Succession Plan?
Warren Buffett, the chairman of Berkshire-Hathaway, has revealed that he has been diagnosed with prostate cancer. France & Spain Are Top With British Second Home Owners
France and Spain are still the top locations for British property buyers seeking a second home abroad despite the eurozone economic turmoil. Exclusive: Bank of America Puts Non-U.S. Wealth Arm Up For Sale
Bank of America Merrill Lynch has put its wealth management units outside the United States up for sale, three sources familiar with the situation said, hoping to bring in up to $3 billion for the sub-scale business. China's Noah to Launch Up to $2.9 Bln Real Estate Fund
China's Noah Holdings Ltd , a distributor of wealth management products to high-networth individuals, plans to launch a real estate fund worth as much as 18 billion yuan ($2.85 billion) as cash-strapped developers seek alternatives to bank lending, the Shanghai Securities News reported on Tuesday. Lend Lease, CPPIB Likely Suitors For Australia Assets-Source
Australian fund manager QIC, Lend Lease and the Canada Pension Plan Investment Board (CPPIB) are expected to be the main suitors for stakes worth A$665 million ($689.57 million) in Centro Retail Australia's shopping malls, a source close to the transaction said. Dexus Sells U.S. Assets to Blackstone For $770 Mln
Australia's Dexus Property Group is selling 65 of its U.S. industrial properties to affiliates of Blackstone Real Estate Partners VII for $770 million and plans a share buyback with the proceeds from the sale, Dexus said on Monday.
