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 to allow app developers to use rival payment systems, to cut fees
By Foo Yun Chee BRUSSELS – Alphabet unit Google said it will from Tuesday cut fees to 12%, from 15%, for non-gaming app developers on its Google Play App Store which switch…
Russian shopping malls lose up to 30% of footfall, developer’s son says
(Reuters) – Russian shopping malls are “de-energised” and have lost up to 30% of their footfall following the exodus of Western brands, the son of one of Russia’s most prominent property developers…
Toronto new condo demand cools but prices seen firm as developers delay launches
By Nichola Saminather TORONTO – Demand for pre-construction condominiums across Toronto has started to soften with rising interest rates, but market- watchers say developers are unlikely to cut prices with margins already…
China property market slumps on developers’ debt crisis, weak buyer sentiment
By Clare Jim and Vijdan Mohammad Kawoosa HONG KONG – China’s property market, a key pillar of the world’s second-largest economy, has weakened sharply in the past year as a result of…
China developers speed up diversification after debt-led growth fuels crisis
By Clare Jim HONG KONG – Chinese developers are heeding Beijing’s call and accelerating a push into asset-light businesses such as property services and commercial real estate to cut their reliance on…
Analysis-Governments want COVID vaccine developers to aim higher in hunt for better shots
By Ludwig Burger and Emilio Parodi (Reuters) – As governments prepare to live with COVID-19, some are questioning how much to rely on drugmakers to adapt vaccines to ward off future virus…
Chinese developers say funding woes, local govt caution undermine pledges of support
By Clare Jim HONG KONG – China’s pledges to shore up its embattled property industry have done little to boost prospects for the sector, according to developers, with access to funding still…
Simandou iron ore mine developers risk penalties if timeline missed, Guinea says
By Helen Reid JOHANNESBURG – Rio Tinto and a Chinese-backed consortium risk losing their mining licences if they fail to meet a tight construction timeline for the Simandou iron ore mine in…
Goldman says China high-yield developers’ default rate understates stresses
SHANGHAI – Chinese high-yield property issuers have by one measure defaulted on nearly a quarter of their outstanding bonds this year, Goldman Sachs analysts estimated, highlighting liquidity stress as Beijing looks to…
China property developers shares up on reports they may have more access to funds
HONG KONG -Shares of Chinese property developers climbed on Friday, following media reports that the sector is gaining easier access to presale proceeds from residential projects – the latest move by authorities…
DeSantis Announces Actions Against Developers Associated with Hilltop Village in Jacksonville
TALLAHASSEE, Fla. – Today, Governor Ron DeSantis announced that the Florida Housing Finance Corporation (Florida Housing) is taking action against the companies associated with Hilltop Village, a rental housing development located in…
Howell Candidates Take Large Donations from Dark Money PAC Funded by Lakewood Property Developers
HOWELL TOWNSHIP, NJ – Election and campaign filings on record with the New Jersey Law Enforcement Commission this week show that Howell Township mayoral candidates Suzanne Brennan who is running for mayor,and…
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