News Feed

Are House Prices in Europe in Touch with Reality? -

Google NZ House Prices - 10 hours 13 min ago

Are House Prices in Europe in Touch with Reality?
The climate of low-interest rates in Sweden and other European countries means that people have been able to afford larger mortgages which in turn has increased competition for property and inflated house prices, creating several bubbles throughout ...

1-800-FLOWERS buying Harry & David for $142.5M

NZ Herald - 10 hours 47 min ago
CARLE PLACE, N.Y. (AP) 1-800-FLOWERS.COM Inc. is buying Harry & David for $142.5 million to help broaden the assortment of foods that its customers can choose as gifts.The deal includes Harry & David Holdings Inc.'s brands, websites,...
Categories: Economic News

Norwegian sails into luxury with Prestige purchase

NZ Herald - 10 hours 52 min ago
NEW YORK (AP) Norwegian Cruise Line is sailing into the luxury sector, spending about $3 billion in cash and stock to acquire the high-end Prestige Cruises International.The deal will give Norwegian access to Prestige's eight ships...
Categories: Economic News

'Boris Island' airport plan: pros and cons

Telegraph Business - 11 hours 4 min ago
The Airports Commission has decided to drop London Mayor Boris Johnson plans for a four-runway airport in the Thames Estuary. We look at the strengths and weaknesses

Categories: Economic News

Emergency measures to prevent blackouts this winter as power crunch worsens

Telegraph Business - 11 hours 7 min ago
National Grid resorts to extra measures to keep the lights on after series of power plant failures this summer

Categories: Economic News

Children's poems by Nick Cannon due in March

NZ Herald - 11 hours 22 min ago
NEW YORK (AP) Nick Cannon has been keeping a notebook for much of his life, and next year we'll get to see some of the entries.The entertainer and record producer is working on a book of poems for children.Scholastic announced...
Categories: Economic News

US home prices rose at slower pace in July

NZ Herald - 11 hours 27 min ago
WASHINGTON (AP) U.S. home prices rose in July but at a slower rate compared with earlier this year. The moderating price increases could help support sales.Real estate data provider CoreLogic said Tuesday that prices rose 7.4 percent...
Categories: Economic News

Colorado's missing marijuana taxes

CNN Economics - 11 hours 35 min ago
Voters were told the state would make $33.5 million from two new taxes in the first 6 months of recreational pot. The projections were way off. Here's why.
Categories: Economic News

Dollar General raises bid for rival

BBC Economics - 12 hours 10 min ago
Dollar General, the lead discount retailer in the United States, raises its bid for rival store Family Dollar to almost $9.1bn (£5.51bn).
Categories: Economic News

Sterling tumbles as poll puts Yes campaign within 'touching distance of victory'

Telegraph Business - 12 hours 15 min ago
Analysts say sterling could fall further in the run-up to Scotland's independence vote on September 18

Categories: Economic News

Boris Johnson: Cameron must stick to Heathrow manifesto pledge

Telegraph Business - 12 hours 23 min ago
London's Mayor says other politicans need to come out of their "fox holes" on airports policy and issues a stern reminder to the Prime Minister that he was elected on a pledge not to expand Heathrow airport

Categories: Economic News

Uber banned across Germany

Telegraph Business - 12 hours 25 min ago
Taxi app says it will defy €250,000 court-imposed fines in row with German taxi drivers

Categories: Economic News

Aston Martin appoints new chief

BBC Economics - 12 hours 38 min ago
UK luxury carmaker Aston Martin hires senior Nissan executive Andy Palmer as its new chief executive.
Categories: Economic News

AUDIO: Is conflict good or bad for insurers?

BBC Economics - 12 hours 39 min ago
Bronek Masojada, chief executive of the insurance company Hiscox, analyses the effect of recent conflicts on the insurance market
Categories: Economic News

Uber banned across Germany by court

BBC Economics - 12 hours 40 min ago
A court says the UberPop service must stop transporting passengers in Germany, but the American company refuses to suspend work.
Categories: Economic News

Car insurance: where every pound ends up

Telegraph Business - 12 hours 55 min ago
Here's where all your car insurance premium goes - down to the average £26 spent by whiplash fraudsters on holidays

Categories: Economic News

UK construction growth surges

BBC Economics - 13 hours 57 sec ago
The construction sector expanded at its fastest pace for seven months in August, despite supply shortages holding back growth, a survey suggests.
Categories: Economic News

Swiss economy stalls as EU slows

BBC Economics - 13 hours 2 min ago
Switzerland's economy failed to grow in the second quarter of the year, official figures show, with trade affected by stagnation in the rest of Europe.
Categories: Economic News

The Times: London is ‘money laundering capital’

House Price Crash - 13 hours 11 min ago

Why else would house-prices be comparable only with those in tax-havens - Monaco, Hong Kong, Geneva, etc.? Forget all the emotional arguments about how London is a cultural hub or whatever. It's *all* about tax and the path-of-least-resistance to make dodgy money appear clean. What better way to appeal to the ego and desire for status of someone from an iffy part of the world than to tell them "Route your cash through the UK's tax havens such as BVI, Cayman, Channel Islands - and then you can buy a house near Buckingham Palace and everyone will think you are terribly clever and important." The extraordinary thing is that over the last 10+ years, nobody has joined the dots between oligarchs parading around London and the notion that something dodgy must be driving it. No longer?

Categories: Economic News

iPhone 6 effect: New Apple device to give Chinese exports massive boost

Telegraph Business - 13 hours 12 min ago
Taiwan and China's economies are both set to benefit from huge demand for Apple's latest smartphone

Categories: Economic News
Syndicate content