Professional-Western, retired common Pavel sweeps Czech presidential vote

Pavel wins in runaway vote over ex-PM Babis Pavel offers clear assist backing Ukraine, West Pledges to finish divisions introduced by Babis, incumbent Zeman Voter turnout document excessive in presidential election PRAGUE, Jan 28 (Reuters) – Former military chief and excessive NATO official Petr Pavel received the Czech Republic’s presidential election on Saturday with a … Read more

Factbox: FACTBOX Georgia on his thoughts: Donald Trump troubled by extra authorized woes

Jan 25 (Reuters) – Donald Trump might be taught quickly whether or not he or any associates shall be charged or cleared of wrongdoing in a Georgia probe into his efforts to overturn his 2020 election defeat, considered one of a sequence of authorized threats looming over the Republican former U.S. president: GEORGIA ELECTION TAMPERING … Read more

U.S. dwelling gross sales droop to 12-year low; glimmers of hope rising

Current dwelling gross sales drop 1.5% in December Gross sales fall 17.8% in 2022, sharpest annual decline since 2008 Median home worth rises 2.3% from 12 months in the past WASHINGTON, Jan 20 (Reuters) – U.S. present dwelling gross sales plunged to a 12-year low in December, however declining mortgage charges raised cautious optimism that … Read more

Donald Trump’s firm to be sentenced for 15-year tax fraud

NEW YORK, Jan 13 (Reuters) – Donald Trump on Friday will learn the way the corporate that bears the previous U.S. president’s identify will probably be punished after being discovered responsible of scheming to defraud tax authorities for 15 years. A New York state choose will impose the sentence after jurors in Manhattan discovered two … Read more

Trump govt Weisselberg prepares for jail on Rikers Island

NEW YORK, Jan 10 (Reuters) – A longtime govt for Donald Trump is predicted to be despatched to New York’s infamous Rikers Island jail after being sentenced on Tuesday for serving to engineer a 15-year tax fraud scheme on the former president’s actual property firm. Allen Weisselberg, the Trump Group’s former chief monetary officer, pleaded … Read more

Waning belief: China shadow banks pivot away from property to outlive

SHANGHAI/HONG KONG, Dec 12 (Reuters) – For greater than a decade, Chinese language builders’ debt-fuelled building growth enriched the nation’s shadow banks, who had been wanting to capitalise on the wants of an {industry} determined for credit score and too dangerous for conventional lenders. Now, within the wake of a authorities clampdown on actual property … Read more

Trump Group discovered responsible of tax fraud scheme

NEW YORK, Dec 6 (Reuters) – Donald Trump’s actual property firm was convicted on Tuesday of finishing up a 15-year-long legal scheme to defraud tax authorities, including to the authorized woes going through the previous U.S. president as he campaigns for the workplace once more in 2024. The Trump Group – which operates accommodations, golf … Read more

Blackstone’s $69 bln REIT curbs redemptions in blow to property empire

NEW YORK, Dec 1 (Reuters) – Blackstone Inc (BX.N) restricted withdrawals from its $69 billion unlisted actual property earnings belief (REIT) on Thursday after a surge in redemption requests, an unprecedented blow to a franchise that helped it flip into an asset administration behemoth. The curbs got here as a result of redemptions hit pre-set … Read more

Sam Bankman-Fried says he ‘did not ever attempt to commit fraud’

NEW YORK, Nov 30 (Reuters) – Sam Bankman-Fried, the founder and former CEO of now-bankrupt crypto change FTX, tried to distance himself from solutions of fraud in his first public look since his firm’s collapse shocked buyers and left collectors dealing with losses totaling billions of {dollars}. Talking through video hyperlink on the New York … Read more

Vietnam’s VinFast ships first electrical autos to U.S. clients

HAI PHONG, Vietnam, Nov 25 (Reuters) – Vietnam’s electrical car maker VinFast stated on Friday it had shipped its first batch of 999 automobiles to the US, capping a five-year bid to develop an auto manufacturing hub within the Southeast Asian nation for markets in North America and Europe. The primary automobiles are anticipated to … Read more