Sunday, 19 January 2025

Investing

Brazil's PDG Realty to Sell $77 Mln in Debt

PDG Realty, Brazil's biggest homebuilder, said on Friday it will sell 140 million reais ($77 million) in debentures non-convertible for shares to financeinvestment and boost the company's cash position.

Former Goldman Sachs Executive Lands Lucrative Book Deal-report

Greg Smith, the former Goldman Sachs executive who condemned the powerful investment bank in a scathing New York Times opinion column, has landed a deal to write a book about his 12 years at the firm, according to media reports on Friday.

Remodel Your Current Home With Retirement in Mind

Most people in their thirties and forties don't spend much time thinking about their retirement, let alone planning for it. Sure, they participate in their company's 401(k) plan. Maybe they've opened an IRA. But they're busy building a career, buying a home, or figuring out how to get one kid to soccer practice and the other across town to band recital at the same time.

EDITOR'S PICKS

Paris Knocks London off Top of European Property Investment List

Paris has overtaken London to become the number one city in Europe for property investment while Moscow has overtaken Berlin as the number six city, according to the report from global property adviser CBRE.
By Staff Reporter
Residential Property Providing Best Investment Returns For German Real Estate Sector

Residential property is providing the best investment returns for the German real estate sector, according to the DIX German Property Index for 2011 published by IPD.
By Staff Reporter
H&M Confirms Reports Of New Store Chain Launch By 2013

Stockholm-based Hennes & Mauritz (H&M) has confirmed the launch of a new chain store by 2013 after posting a 13 percent rise in sales during the period Dec.1 and Feb. 29, 2012.
By Staff Reporter
Best Buy Closing : Will Shut Down 50 Stores, Cut 400 Corporate Jobs; What Next?

Best Buy Co Inc announced Thursday that due to a mulish slither in sales at its US stores, the company decided to close 50 big box stores and cut as much as 400 jobs at its corporate headquarters in Richfield, Minnesota.
By Staff Reporter
Kenya's Decade-long Property Boom Hits Trouble at Last

Pamela Onyambu went into the real estate business seven years ago to capitalise on a housing boom fuelled by Kenya's middle classes. Now she fears interest rates that have doubled in six months will wipe out any profit on her latest venture.
By Staff Reporter
Banks Shield Assets After MF Global Scandal : Fed Survey

U.S. banks have intensified efforts to ensure that their funds and assets are properly protected, after the MF Global scandal where an estimated $1.6 billion in customer funds vanished, according to a Federal Reserve survey released on Thursday.
By Staff Reporter
$1bn ‘Real Madrid Resort Island’ Will Open in 2015 [PHOTOS & VIDEO]

Real Madrid reported to build a $1 billion resort in UAE. It will open in January, 2015. Real Madrid reported to build a $1 billion resort in UAE. It will open in January, 2015.
By Staff Reporter
S&P Summary: Country Garden Holdings Co. Ltd.

S&P Summary: Country Garden Holdings Co. Ltd. S&P Summary: Country Garden Holdings Co. Ltd. We expect Country Garden's sales to remain healthy over the next six to 12 months.
By Staff Reporter
Fed Drives World Stocks to 2012 High

World stocks hit a 2012 high on Tuesday, after the Federal Reserve signaled it would continue supporting economic growth with loose monetary policy, with expectations the euro zone will agree a bigger crisis firewall adding to the positive tone.
By Staff Reporter
Fed's Plosser Criticizes Unfettered Asset-Buying

The world's central banks should not have unfettered ability to purchase assets because that violates the traditional separation of monetary and fiscal policymaking and can allow governments to inflate away debts, a top Federal Reserve official said on Monday.
By Staff Reporter