Real Estate Is Most Distressed Sector in Europe, Study Finds
Real estate was the most distressed sector in Europe in the second quarter of the year, driven by
2023-07-13 20:46
Working from home could wipe $800 billion from office values globally
Remote work risks wiping $800 billion from the value of office buildings in major cities worldwide by 2030 as the post-pandemic trend pushes up office vacancy rates and drives down rents, according to a new report.
2023-07-13 20:29
Thai Conservatives Stop Pro-Democracy Candidate From Becoming PM
Thai senators appointed by the army blocked pro-democracy candidate Pita Limjaroenrat from becoming prime minister in the first
2023-07-13 20:23
Saudi Wealth Fund Weighs Buying Another Top Football Club in Europe
Newcastle United FC’s Saudi Arabian owners are considering buying another top football club in Europe, a person with
2023-07-13 20:21
Britain’s Crisis of Ill Health Costs Treasury £15 Billion
Deteriorating health in Britain is costing the state more than £15 billion ($19.6 billion) a year in higher
2023-07-13 19:55
Inflation fever is finally breaking. The Fed's soft landing may be in sight
If Fed Chair Jerome Powell were any less buttoned up, he'd be well within his rights to call a press conference, stride up to the lectern in a T-shirt and board shorts and say three words — "soft landing, jerks!" — before dropping the mic and walking out.
2023-07-13 19:54
UK Struggles Against China’s Economic and Spy Threat, MPs Say
The British government’s short-termist approach to China has left it “severely handicapped” in tackling Beijing’s economic dominance and
2023-07-13 19:53
UK Offers 5-7% Pay Raises in Bid to End Public Worker Strikes
The UK government accepted recommendations for public sector pay raises, as Prime Minister Rishi Sunak tries to draw
2023-07-13 19:49
Hybrid-work trend may wipe out $800 billion from office property values by 2030 - McKinsey study
A shift to remote working is likely to wipe off $800 billion from the value of office buildings
2023-07-13 18:55
Japan Expects EU to Lift Food Import Restrictions, Official Says
Japan expects the European Union to announce it is lifting import restrictions on Japanese food products imposed in
2023-07-13 18:50
England’s Junior Doctors Begin Longest Strike in NHS History
Tens of thousands of England’s junior doctors are walking out of hospitals across the country, plunging the National
2023-07-13 18:26
Bank of Canada's record tightening campaign exposes lenders' mortgage risks
By Nivedita Balu TORONTO The Bank of Canada's interest rate hike on Wednesday and prospects of more increases
2023-07-13 18:25