China’s Home Sales by Top Developers Plunge in Warning Sign
China’s home sales tumbled in June, snapping a four-month rebound, suggesting the country’s vast property market is far from stabilizing.
China’s home sales tumbled in June, snapping a four-month rebound, suggesting the country’s vast property market is far from stabilizing.
Climate Minister Zac Goldsmith quit Rishi Sunak’s UK government on Friday with an excoriating broadside against the prime minister’s environmental credentials, just a day after he himself was criticized by a Parliamentary panel.
The three-month London interbank offered rate for dollars fixed for the final time on Friday, ending 50 years as a global benchmark.
French inflation slowed to a 14-month low, a sign of improvement that was quickly overshadowed by news of stronger underlying pressures in the broader euro area.
Enento Group Oyj, a Nordic credit information provider, is exploring options including a potential sale amid takeover interest.
A strike at Geneva airport disrupted travel for thousands of passengers on Friday, fueling fresh concern that protests and labor shortages will cause another summer of travel chaos in Europe.
Office developers in eastern Europe are setting their sights on projects far from their bread and butter like luxury Swiss chalets to escape tough conditions at home, increasing pressure in already crowded markets.
Finland’s new government has lost a key cabinet member just 10 days after its formation as the economy minister from the populist Finns Party resigned following pressure over extremist remarks.
New York City awoke Friday to poor air quality as Canadian wildfire smoke continues to seep south and east across the US, but conditions should gradually improve over the weekend.
Audi’s new boss faces a number of pressing issues to fix the premium brand, after years of missteps left Volkswagen AG’s cash cow with a stale model lineup and behind in the shift to electric cars.