Reserve Bank of New Zealand: * RESERVE BANK HAS DECIDED NOT TO INTRODUCE NEW MORTGAGE BOND STANDARDS THROUGH RESIDENTIAL MORTGAGE OBLIGATIONS. * SINCE EXTERNAL CONSULTATION, RBNZ MADE ENHANCEMENTS TO EXISTING MORTGAGE BOND COLLATERAL STANDARDS VIA CHANGES TO REPO-ELIGIBILITY CRITERIA.
Luxurban Hotels Inc (LUXH): * LUXURBAN HOTELS ANNOUNCES EXECUTIVE PROMOTIONS AND TRANSITION. * SHANOOP KOTHARI, CO'S CFO SINCE JANUARY 2022, ASSUMED ADDED RESPONSIBILITY OF PRESIDENT OF CO EFFECTIVE NOVEMBER 30, 2022 Source text for Eikon: Further company coverage:
Four Corners Property Trust Inc (FCPT) : * FCPT ANNOUNCES ACQUISITION OF A CHEESECAKE FACTORY PROPERTY AND A DUAL-TENANT STARBUCKS AND AT&T PROPERTY FOR $12.3 MILLION Source text for Eikon: Further company coverage:
Donald Trump's namesake real estate company engaged in tax fraud and the former U.S. president knew it was going on, a prosecutor said in closing arguments in the Trump Organization's criminal trial on Friday, countering defense assertions that Trump was unaware of the scheme.
A retreat in U.S. house prices will extend into next year, although the expected 12% peak-to-trough drop predicted by analysts polled by Reuters would be just about one-third as severe as the last market correction 15 years ago.
* Deal saw Congo agree to pay Gertler's company 240.7 mln euros. * Gertler's company transferred mining, oil permits to Congo. * Congo agreed to help get U.S. sanctions on Gertler lifted. * Deal, signed on Feb. 24, published after nine months. By Sonia Rolley.
Investors have withdrawn $316 billion from credit funds this year, unwinding all of the previous year's inflows, BofA Global Research said in a note on Friday. That is a bearish signal for corporate debt markets as high inflation and rising interest rates darken the economic outlook, and is in sharp contrast to inflows into share markets.
France's lower house of parliament on Friday voted to toughen penalties on squatting in a move welcome by homeowner associations and criticised by the left. With 40 votes in favour and 13 against, lawmakers approved a draft bill put forward by lawmakers of President Emmanuel Macron's ruling coalition.
Plenitude, the renewable energy unit of Italy's Eni, has agreed to buy 100% of wind and solar developer PLT, it said on Friday, strengthening its presence in Italy and Spain. PLT has a 1.6 gigawatt renewable capacity portfolio in Italy and Spain and 90,000 retail customers, Plenitude said in a statement, without providing financial details of the deal.
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