Toms River candidate Anthony Ricotta backed by developers and PACs tied to downtown projects, filings show
TOMS RIVER, N.J. — Campaign finance reports filed with the New Jersey Election Law Enforcement Commission (ELEC) show that Toms River council candidate Anthony Ricotta has received the bulk of his campaign…
Google Cloud partners with Hugging Face to attract AI developers
By Max A. Cherney (Reuters) – The cloud computing arm of Alphabet Inc said on Thursday it had formed a partnership with startup Hugging Face to ease artificial intelligence (AI) software development…
China’s state-owned developers dominate sales, land markets in 2023 – surveys
HONG KONG (Reuters) – China’s property market continued to consolidate in 2023 with state-affiliated firms dominating the home sales and land acquisition market, private surveys showed, as more private firms got embroiled…
Lithium tech developers eye ways to boost water recycling
By Ernest Scheyder PITTSBURGH (Reuters) – The mining industry is working to boost freshwater recycling while also developing direct lithium extraction (DLE) technologies as it races to reinvent how the battery metal…
Marketmind: China developers catch break, BOJ hawks take flight
A look at the day ahead in European and global markets from Kevin Buckland Chinese property stocks and Japanese government bonds put on a two-ring show in Asia to start the global…
‘Immediately Caught On’: Hawaii State Rep Slams Developers For Sweeping In ‘Like Vultures’ To Buy Land
‘Immediately Caught On’: Hawaii State Rep Slams Developers For Sweeping In ‘Like Vultures’ To Buy Land Harold Hutchison on August 28, 2023 A Hawaii state representative slammed real estate developers Monday for…
Centaline says mainland China unit has ‘huge’ unpaid developers’ commissions
BEIJING (Reuters) – Centaline Property has said its mainland China unit is owed a huge amount of unpaid commissions and so it cannot pay employees their commissions, responding to reports of delayed…
Investors bet on state-backed developers as Chinese property begins recovery
By Li Gu and Summer Zhen SHANGHAI/HONG KONG (Reuters) – Investors betting on recovery in China’s battered property sector are favouring the stocks and bonds of state-backed firms that are more likely…
Apple to host annual developers’ conference from June 5
(Reuters) – Apple Inc said on Tuesday it would host its annual developers’ conference from June 5 to June 9, where the iPhone maker is expected to unveil its latest software updates.…
Debt restructuring no panacea for Chinese developers as challenges loom
By Clare Jim and Xie Yu HONG KONG (Reuters) – A shrinking land bank and sluggish property demand are likely to hamper the plans of a growing number of private Chinese developers…
Intel releases software platform for quantum computing developers
By Jane Lanhee Lee OAKLAND, Calif (Reuters) – Intel Corp on Tuesday released a software platform for developers to build quantum algorithms that can eventually run on a quantum computer that the…
U.S. senators question Meta on Chinese, other developers’ access to sensitive data
WASHINGTON (Reuters) – Senators Mark Warner and Marco Rubio, chair and vice chair of the U.S. Senate Select Committee on Intelligence, wrote to Facebook parent Meta Platforms on Monday about documents that…
China developers’ debt risks persist after support policies’ slow start
By Clare Jim HONG KONG (Reuters) – China’s Country Garden had some rare good news for the cash-squeezed property sector with an offshore debt repayment on Tuesday, but a closer look reveals…
Two Chinese property developers to raise funds via discounted share sales
HONG KONG (Reuters) – CIFI Holdings on Tuesday became the latest Chinese property developer to raise funds by selling new shares at discounted prices, while Agile Group announced its second such capital…
Manchester residents confused over campaign newspaper with ties to Trump, Christie, Convicted Chairman and Developers
MANCHESTER TOWNSHIP, NJ – A Newspaper mailed to Manchester residents caused a bit of confusion in the community ahead of the Tuesday run-off election between Robert Arace and Robert Hudak for mayor.…
Bank of China offers loans to ease Chinese developer’s liquidity
HONG KONG (Reuters) – Bank of China, one of China’s top four state-owned banks, has offered offshore loans to cash-starved Chinese property developer Longfor Group Holdings Ltd, it said in a statement…
Bank of China agrees to provide credit lines totaling more than 600 billion yuan to 10 property developers
BEIJING (Reuters) – Bank of China Ltd announced Friday that it had agreed to provide credit lines totaling more than 600 billion yuan ($83.8 billion) to 10 property developers, including Vanke and…
China banks pledge $162 billion in credit to developers, shares rally
By Xie Yu and Ziyi Tang HONG KONG/BEIJING (Reuters) – China’s biggest commercial banks have pledged at least $162 billion in fresh credit to property developers, bolstering recent regulatory measures to ease…
China regulator plans to improve balance sheets of ‘good quality’ developers
By Xie Yu HONG KONG (Reuters) – China needs to implement plans to improve the balance sheets of “good quality” property developers reeling from a cash crunch in the sector, the head…
China allows property developers to access some pre-sale funds
BEIJING (Reuters) – China’s financial regulator will allow property developers to access some pre-sale housing funds, it said in a notice published on Monday, the latest move to ease a liquidity crunch…
Chinese Real Estate Developer’s L.A.-Based Company Found Guilty of Paying Over $1 Million in Bribes to L.A. Politician José Huizar
LOS ANGELES – Based on the actions of its agents, including its billionaire Chinese real estate developer owner, a downtown Los Angeles-based company was found guilty today of paying more than…
Franchise Consulting Firms, FMS Franchise and W.C. Franchise Developers, Cover Major Sales Growth for California-Based Brand Pizza Twist, Topping 100 Units Sold
The companies are strategic partners for both franchise development and franchise sales, growing national franchise brands at exponential rates. Atlanta, GA (-) Pizza Twist, a California-based pizza brand that serves pizza donned…
Analysis-Chinese property developers on tenterhooks ahead of Communist Party Congress
By Clare Jim HONG KONG (Reuters) – Chinese real estate developers are delaying their debt restructuring moves until after the upcoming Communist Party Congress, hoping the crucial gathering offers clues on how…
Australia – a land of promise and hurdles for offshore wind developers
By Sonali Paul MELBOURNE (Reuters) – Under a new government, Australia is shaping up to be the next big market for offshore wind developers, attracting interest from the likes of Shell, Denmark’s…
China property developers’ woes cast shadow over management units
By Clare Jim and Xie Yu HONG KONG – China’s real estate crisis is casting a darkening cloud over governance and financial prospects of once highly valued property management companies, triggering a…
Analysis: China’s mortgage boycott spurs shakeout among strapped developers
By Clare Jim HONG KONG – A revolt by Chinese homebuyers, who have threatened to stop paying mortgages on hundreds of unfinished housing projects, is spurring a shakeout among cash-starved property developers…
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