By Steven Scheer JERUSALEM (Reuters) – Israel’s Property and Building Corp said on Sunday it agreed to sell the HSBC Tower building in midtown Manhattan for $855 million to New York-based real estate firm Innovo Property Group, recording a net loss of $45 million. The Israeli company, which is 63% owned by Discount Investment Corp, …
Israeli firm to sell HSBC Tower in New York for $855 million Read More »
MELBOURNE (Reuters) – Australia will raise its 2022 economic growth forecast at the mid-year budget review, Treasurer Josh Frydenberg said on Sunday, adding that it is too early to estimate the impact from the Omicron coronavirus variant on the economic outlook. Frydenberg is due to deliver an update to the budget in coming weeks, halfway …
Australia to raise its 2022 economic growth forecast – treasurer Read More »
SAN SALVADOR (Reuters) – El Salvador President Nayib Bukele said the Central American country had acquired an additional 150 bitcoins after the digital currency’s value slumped again, enlarging his bet on the cryptocurrency despite criticism. Bitcoin, the world’s biggest and best-known cryptocurrency, is down about 30% from the year’s high of $69,000 on Nov. 10. …
Bukele steps up El Salvador’s bet on sliding bitcoin; buys another 150 coins Read More »
(Reuters) – Bitcoin dropped 9.29% to $48,752.15 at 22:01 GMT on Saturday, losing $4,991.54 from its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is down 29.3% from the year’s high of $69,000 on November 10. Ether, the coin linked to the ethereum blockchain network, dropped 3.61% to $4,070.52 on Saturday, losing $152.28 from …
By Maria Ponnezhath and Vidya Ranganathan (Reuters) -Bitcoin shed a fifth of its value on Saturday as a combination of profit-taking and macro-economic concerns triggered nearly a billion dollars worth of selling across cryptocurrencies. Bitcoin was 12% down at 0920 GMT at $47,495. It fell as low as $41,967.5 during the session, taking total losses …
Bitcoin falls by a fifth, cryptos see $1 billion worth liquidated Read More »
(Reuters) – Goldman Sachs on Saturday cut its outlook for U.S. economic growth to 3.8% for 2022, citing risks and uncertainty around the emergence of the Omicron variant of the coronavirus. Goldman economist Joseph Briggs said in a note that the Omicron variant could slow economic reopening, but the firm expects “only a modest drag” …
Goldman Sachs cuts U.S. GDP growth forecast for 2022 over Omicron fears Read More »
By Krystal Hu and Juby Babu (Reuters) – Donald Trump’s new social media venture said on Saturday it had entered into agreements to raise about $1 billion from a group of unidentified investors as it prepares to float in the U.S. stock market. The capital raise, details of which were first reported by Reuters on …
Trump’s social media venture says it has raised $1 billion Read More »
(Reuters) – Bitcoin dropped 9.95% to $48,397.56 at 18:02 GMT on Saturday, losing $5,346.13 from its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is down 29.9% from the year’s high of $69,000 on Nov. 10. Ether, the coin linked to the ethereum blockchain network, dropped 4.67 % to $4,025.67 on Saturday, losing $197.13 …
By Andrea Shalal WASHINGTON (Reuters) – Global economic growth projections from the International Monetary Fund will likely be downgraded due to the emergence of the Omicron variant of the coronavirus, IMF Managing Director Kristalina Georgieva said on Friday. “A new variant that may spread very rapidly can dent confidence, and in that sense, we are …
Omicron variant likely to usher growth downgrades – IMF’s Georgieva Read More »
HANOI (Reuters) -Vingroup JSC, Vietnam’s largest conglomerate, said on Saturday it is planning to list its car unit on the U.S. stock market in the second half of next year, in an offering expected to raise at least $3 billion. Just last month, an official said the listing may happen within the next couple of …
Vingroup plans U.S. IPO for automaking arm in late 2022 Read More »
