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...Fitch forecast that China’s gross domestic product growth would slow to 4.5 per cent in 2024, citing persistent property sector weakness and subdued household consumption....
...“The broader picture is that house prices are up year on year, reflecting the opposing forces of an easing cost of living squeeze — now that pay growth is outpacing general inflation — and relatively high...
...Airbnb is examining new business lines as revenue growth slows following a post-pandemic boom....
...The forecast of slower rent growth will bring relief to tenants who have suffered through a period of record price increases....
...“Potentially, this is much broader than Covid vaccines or vaccines in general.”...
...Doug Middleton will continue to run the firm’s investment property unit....
...Hyman will step down after PHP’s annual general meeting later this month, when shareholders will vote on his appointment as non-executive chair for a maximum term of three years....
...L&G’s balance sheet investment unit was flat after a tougher second half for the property market, and its asset manager, Legal & General Investment Management, posted an expected fall in profit as higher...
...Escobar Inc went to court in 2022 to appeal against that decision, but the General Court upheld it on Wednesday, saying the EUIPO move was based “on the perception of the Spanish public, as it is the most...
...A disagreement last year over intellectual property control resulted in them suing each other, Microsoft ending their partnership and the game being taken offline....
...The ruling came after Escobar Inc, the company set up by his brother, filed an application in 2021 with the European Union Intellectual Property Office (EUIPO) for registration of the word sign Pablo Escobar...
...Cangemi said the bank looked at “the general office weaknesses throughout the country....
...“The People’s Republic of China represents the most critical threat [among cyber risks],” General Timothy Haugh, head of US cyber command, told the Vanderbilt event....
...Despite the ruling party’s decades-old commitment to help people on to the property ladder, home ownership rates have stagnated over the past decade....
...Downsizing one’s home in later life can deliver a big boost to retirement funding as a result of long-term growth in UK property prices, research has shown, but the rewards are spread unequally across the...
...“Those with big defined benefit pensions or property income might be willing to play a bit faster and looser with their investment portfolio,” said AJ Bell’s Laith Khalaf....
...The attorney-general must now decide whether to pursue the case....
...Amazon, Tesla and Nvidia offer more growth and even higher valuations (although when you scale Nvidia’s valuation to its near-term growth rate, using a PE/growth ratio, it surprisingly looks the cheapest...
...“The prospect of a relatively weak year for economic growth and an autumn general election means we shouldn’t get carried away,” says Lucian Cook of Savills....
...He had success running rival Dollar General....
...At the same time, NYCB’s loan growth has stalled, with the average loan balance down quarter on quarter. That is squeezing profitability....
...The yield on the 10-year note fell to 3.82 per cent, its lowest level in a month, as traders fretted about how possible constraints on lending may affect US growth....
...The deal means UK properties will make up 25 per cent of Shurgard’s overall portfolio. Belgium and the Netherlands make up the biggest segment, at 28 per cent....
...He dismisses speculation about “artificial general intelligence” reaching so-called singularity — where computers reach self-consciousness and escape our control — as unknowable....
...Analysts expect the country’s economy to continue to slow in the medium term thanks to the property downturn and demographic decline....
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