Archive for July 2008

Dr. Peter Morici: When will Henry Paulson learn?

Jul 30th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide

When will Henry Paulson learn?: Once again, we have good news and bad from Wall Street.



Doha world trade talks collapse; Demands from India and China for protections for their large farming bases were opposed by other Developing Countries, the EU and US

Jul 30th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide

The Doha world trade talks at the World Trade Organization (WTO) headquarters in Geneva, collapsed on Tuesday after seven years of on-again, off-again negotiations, in the latest sign of the growing strength of India and China on the world stage but their demands for protections for their large farming bases was opposed by other developing countries.



UK Financial Services Authority requests arrest of eight bank workers on suspicion of insider trading

Jul 30th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide

The UK Financial Services Authority (FSA) on Tuesday requested the arrest of workers at the Swiss bank UBS and at the City of London’s long established finance house JPMorgan Cazenove, as part of an insider trading probe.



Housing Bill Is Mixed Bag for Builders

Jul 30th, 2008 | By WSJ.com: Real Estate | Category: News worldwide

Although a bill aimed at reviving home sales and curtailing foreclosures is about to become law, some of its provisions are proving a drag for the nation’s large home builders.



U.K. Outlook Gets Darker

Jul 30th, 2008 | By WSJ.com: Real Estate | Category: News worldwide

The U.K. economy’s outlook darkened further Tuesday as retail-sales growth and home-mortgage activity slowed sharply.



Retailers Set Their Sights on U.S.

Jul 30th, 2008 | By WSJ.com: Real Estate | Category: News worldwide

America’s shopping venues are getting an international makeover as moderately priced apparel retailers from Europe, Asia and Canada increasingly set up shop in the U.S.



For iStar, Ratings Now an Issue

Jul 30th, 2008 | By WSJ.com: Real Estate | Category: News worldwide

IStar’s earnings report will not only provide fresh clues about the company’s prospects but could also provide a broad overview of the financial health of the commercial real-estate sector nationwide.



Shopping the Mervyn’s Bargain Bin

Jul 30th, 2008 | By WSJ.com: Real Estate | Category: News worldwide

Certain mall owners looked like clever bargain shoppers in recent years when they bought dozens of stores occupied by Mervyn’s in the hopes of finding new tenants at higher lease rates if the big retailer collapsed. But those bets are turning out to be perhaps less lucrative than first thought.



In Volkswagen, ‘Dynamo of Dixie’ Hitches Ride

Jul 30th, 2008 | By WSJ.com: Real Estate | Category: News worldwide

Volkswagen’s planned $1 billion car plant in Chattanooga, Tenn., has been hailed as a boost for the city. And nearly everyone agrees that the news couldn’t have come at a better time for the region’s real-estate market.



Builders Feel Pinch of Key Omission From Bill

Jul 29th, 2008 | By WSJ.com: Real Estate | Category: News worldwide

Although a bill aimed at reviving home sales and curtailing foreclosures is about to become law, some of its provisions are proving a drag for the nation’s large home builders.