Parliament in Croatia endorses Swiss franc rate fix

Real Estate News - Fri, 2015-01-23 07:00
ZAGREB, Jan 23 (Reuters) - Croatian lawmakers on Friday approved a government proposal to fix the exchange rate of the Swiss franc at 6.39 kuna for the next 12 months, in line with the rate before...
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Greek shares lead European shares higher after ECB boost

Real Estate News - Fri, 2015-01-23 06:50
* Cyclical stocks such as carmakers among top gainers (Recasts, adds quote, detail)
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GE profit rises, helped by power, aviation units

Real Estate News - Fri, 2015-01-23 06:45
Jan 23 (Reuters) - General Electric Co posted a rise in quarterly profit on Friday, helped by its businesses selling power-generating turbines and jet engines, although sales in its oil and gas unit...
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AFRICA BUSINESS-Easy Taxi calms Nigeria's kidnapping fears

Real Estate News - Fri, 2015-01-23 06:45
LAGOS, Jan 23 (Reuters) - In Nigeria, one of the world's worst countries for kidnapping, getting in the wrong cab could end up costing you or your family a lot more than the agreed taxi fare.
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UPDATE 2-Adidas sales rise more than expected, Rockport sold

Real Estate News - Fri, 2015-01-23 06:43
BERLIN, Jan 23 (Reuters) - German sportswear company Adidas reported a better than expected rise in 2014 sales on Friday as it announced the sale of its non-core Rockport shoe brand.
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Bank of England says lenders must do more to shore up cyber defences

Real Estate News - Fri, 2015-01-23 06:40
LONDON, Jan 23 (Reuters) - Britain's banks must do more to protect themselves and the wider financial system from growing and evolving cyber crime, the Bank of England said on Friday.
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Amazon, e-commerce rivals fuel commercial property boom in India

Real Estate News - Fri, 2015-01-23 06:37
* E-comm demand made up 40 pct of warehouse space leased in 2014
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Global bank watchdog to review zero risk weight for sovereign debt

Real Estate News - Fri, 2015-01-23 06:22
LONDON, Jan 23 (Reuters) - Global banking supervisors are reviewing one of their rules that allow banks to hold little or no capital against risky sovereign debt held on their books.
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SE Asia Stocks -Indonesian, Philippine shares hit record closing highs

Real Estate News - Fri, 2015-01-23 06:05
BANGKOK, Jan 23 (Reuters) - Indonesian and Philippine shares hit record closing highs on Friday amid foreign inflows after the European Central Bank unveiled its bond-buying programme, while a late...
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REFILE-UPDATE 1-UBS says did not suffer trading losses after SNB move

Real Estate News - Fri, 2015-01-23 05:55
ZURICH, Jan 23 (Reuters) - UBS did not suffer any losses overall in its trading business after the Swiss National Bank's (SNB) decision to abandon its currency cap, the bank said on Friday,...
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UPDATE 1-Spain's BBVA sells 4.9 pct stake in China's CITIC to boost capital

Real Estate News - Fri, 2015-01-23 05:49
MADRID, Jan 23 (Reuters) - Spanish bank BBVA has agreed to sell a 4.9 percent stake in China's CITIC Bank to property developer Xinhu Zhongbao for HK$13.136 billion ($1.69 billion) as it looks to...
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Chinese developer Kaisa in talks on possible asset sales-sources

Real Estate News - Fri, 2015-01-23 05:43
HONG KONG, Jan 23 (Reuters) - Troubled Chinese property firm Kaisa Group is talking to banks and rival developers about selling its assets as the company scrambles to raise cash, according to people...
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In battered oil services sector, smallest look weakest

Real Estate News - Fri, 2015-01-23 05:33
LONDON/OSLO, Jan 22 (Reuters) - Slammed by plunging oil prices, oil services companies which supply rigs and carry out seismic surveys face a bleak outlook of cutbacks and contract cancellations....
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Dealmakers in Davos see more M&A despite geopolitical risks

Real Estate News - Fri, 2015-01-23 05:19
DAVOS, Jan 23 (Reuters) - Low borrowing costs, currency shifts and the hunt for both cost savings and growth opportunities will drive a steady flow of merger and acquisition deals this year despite...
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Greece likely to need another bailout extension -official

Real Estate News - Fri, 2015-01-23 05:12
BRUSSELS, Jan 23 (Reuters) - Greece will likely have to ask for a fresh extension to its bailout programme because it expires on Feb. 28, a senior euro zone official said on Friday, stressing that a...
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Europe shares enjoy best 2-week rally in 5 years on ECB boost

Real Estate News - Fri, 2015-01-23 04:32
PARIS, Jan 23 (Reuters) - European shares rose in early trade on Friday, enjoying their best two-week rally in five years, as investors cheered the European Central Bank's decision to buy government...
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ECB tells Greek banks to carefully manage liquidity- paper

Real Estate News - Fri, 2015-01-23 04:02
ATHENS, Jan 23 (Reuters) - The European Central Bank has written to Greece's top four banks, warning them to pay close attention to liquidity management ahead of Sunday's election, following...
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Bank of Italy chief backs reform of 'Popolari' banks

Real Estate News - Fri, 2015-01-23 03:30
DAVOS, Switzerland, Jan 23 (Reuters) - The reform of Italy's cooperative, or Popolari, banks will improve the governance, transparency and ability of these lenders to support the economy, the...
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Moscovici says ECB's bond-buying plan in 'interests of all euro zone'

Real Estate News - Fri, 2015-01-23 03:28
BERLIN, Jan 23 (Reuters) - European Union economics chief Pierre Moscovici welcomed the European Central Bank's new government bond-buying programme in a German newspaper interview on Friday, noting...
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UPDATE 1-Russian rouble firms as oil, taxes and carry trade support

Real Estate News - Fri, 2015-01-23 03:13
MOSCOW, Jan 23 (Reuters) - The rouble strengthened on Friday, buoyed by a bounce in global oil prices, expectations that exporters will soon convert hard currency into roubles and foreign investors...
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