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Congress Relaxes Law Bringing Respite for Foreign Real-Estate Investors

Real Estate - Mon, 12/21/2015 - 07:48

Since the financial markets crashed and the U.S real estate market experienced a downturn, the key players involved in the commercial real-estate industry has put in great efforts to convince lawmakers to turn around a law established in1980s which aimed at curbing the reach of foreign investors from digging deeper into the U.S. property market.

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Huge Pay Rise for Stephen Town, Auckland Council’s Chief Executive

Auckland News - Thu, 12/17/2015 - 07:57

It's time to rejoice for Stephen Town Auckland Council's chief executive as he is getting a really good Christmas present, though not right during the time when he needs to buy his gifts.

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New Proposal by Auckland Council for Auckland’s Share of Multi-Storey Housing

Auckland News - Thu, 12/17/2015 - 07:55

The Auckland Council for long has been reworking on the housing densities that was settled in 2013 followed by the argument from the independent hearing panels that the plan did not suffice for providing adequate housing capacity.

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New Proposal by Auckland Council for Auckland’s Share of Multi-Storey Housing

Real Estate - Thu, 12/17/2015 - 07:55

The Auckland Council for long has been reworking on the housing densities that was settled in 2013 followed by the argument from the independent hearing panels that the plan did not suffice for providing adequate housing capacity.

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Rescue of Four Italian Banks Creates Anxiety for Investors

Banking Sector - Mon, 12/14/2015 - 08:38

Last month, Italy rescued four small lenders Banca Marche, Banca Etruria, CariChieti and CariFe under new European Union rules which move losses to investors from taxpayers at times when a treads into troubled waters.

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Better than Expected Third Quarter Results from Home Depot Inc and Wal-Mart Drift Some Concerns Off

Company News - Mon, 11/23/2015 - 12:03

The stock market was all geared up to go higher on Tuesday, with better-than-expected earnings report from Wal-Mart and Home Depot The retailers drifted away some of the concerns that hit the stock market with retail stocks dropping over concerns of weak sales.

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Reportedly Lyft Looking forward to a Round of $500 Million Fund Raising

Company News - Wed, 11/18/2015 - 09:23

John Zimmer, Lyft's president announced that in October the ridesharing company attained an annualized gross revenue rate of $1 billion.

The figure is probably not the cut of the value Lyft receives for the rides which flows into its system but most probably it is the representation of the gross payments which its drivers and riders get.

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