Category: Others

December 7, 2022

Prices fell 2.3% from October to November this year, the biggest monthly drop since October 2008, the UK’s largest mortgage lender said. A typical UK property is now nearly £7,000 cheaper as the average cost of a house dipped from […]

December 7, 2022

Europe’s tech industry has lost more than $400 billion in value this year, according to venture capital firm Atomico. The combined value of all public and private European tech firms has fallen to $2.7 trillion from a peak of $3.1 […]

November 28, 2022

Zoopla said that discounts had been absent from the market during 2021 and the first half of this year but the tougher economy was now taking a toll on activity. Falling demand and sales meant that current sellers were having […]

November 8, 2022

Shares of upstart used-vehicle chain Carvana tumbled another 16% Monday, undercut by the company’s struggles with falling prices and waning demand for its products. The latest downturn comes after the shares fell almost 40% on Friday following Morgan Stanley analyst […]

November 7, 2022

House prices have recorded their biggest monthly fall in October, with the average property value lower by 0.4% – the third month-on-month drop in the past four months and the biggest drop since February, according to the latest Halifax House […]

October 27, 2022

The London-listed company reported taking in £29.2m in lettings revenue in the three months from July to September this year, an 18% increase on the £24.8m taken in over the same period last year. That increase came due to the […]

October 24, 2022

The survey of 650 manufacturers and 650 service providers showed that growth was lower than expected and was at a level not seen since the financial crash, if the months of the pandemic are excluded. Scores below 50 on the […]

August 24, 2022

Hollywood studio executives charged with projecting global box-office revenues are putting $0 in the China column. Baccarat tables in Macau sit empty. Singers skip Shanghai concert halls on tour. American entertainment and leisure industries are facing an unsettling reality: China’s […]

August 1, 2022

Rising mortgage rates and inflation in the wider economy caused housing demand to drop sharply in June, forcing home prices to cool down. Home prices are still higher than they were a year ago, but the gains slowed at the […]

July 29, 2022

Tech giants Apple and Amazon saw dips in profits but still defied expectations as the US economy teeters on the edge of a recession. The results came after the iPhone maker warned that its revenue would be depressed amid supply […]

July 27, 2022

Chipotle just announced plans to raise prices again in August. The fast-casual chain said in a second-quarter earnings call that the next price increase would be “in the mid to high-single digits” in terms of percentage. That means in New […]

July 26, 2022

The low-cost carrier said cancellations and delays caused by staff shortages at airports and in the air had cost it £133m over its latest quarter to the end of June. EasyJet said its operations had now “normalised” after frantic cuts […]

July 21, 2022

Kyle Tomcak was looking for a home for his in-laws in the suburbs around Denver, something priced close to $450,000. Tomcak became dispirited as he lost out to investors fronting cash offers $100,000 over the asking price. Then mortgage rates […]

July 12, 2022

U.S. Treasury Secretary Janet Yellen and Japan’s finance minister agreed Tuesday to cooperate in dealing with challenges from the war in Ukraine and promoting free trade, sustainable energy and food security. Yellen was visiting Tokyo on Tuesday for talks ahead […]

June 30, 2022

A closely-watched measure of the UK housing market has reported a “surprising amount of momentum” despite the mounting cost of living crisis, with prices hitting a new record. The Nationwide study covering June showed the annual rate of house price […]

June 27, 2022

A Food and Drug Administration committee will meet Tuesday to discuss how to move forward with the next generation of vaccines ahead of a booster campaign this fall. Paying for them is another matter. Congress has so far failed to […]

June 8, 2022

Airlines in the UK and across Europe have been struggling to keep up with demand as travel returns to normal for many holiday destinations for the first time since the beginning of the COVID-19 pandemic and prices have shown “low […]

April 26, 2022

For months, Istanbul restaurant Tarihi Balikca tried to absorb the surging cost of the sunflower oil its cooks use to fry fish, squid and mussels. But in early April, with oil prices nearly four times higher than they were in […]

April 21, 2022

Buying a first home just keeps getting harder. The median price for an existing single family home hit a record $375,300 in March — a 15 percent jump over March 2021 — as mortgage interest rates climbed and inventory remained […]

April 20, 2022

A sharp drop in subscribers sent Netflix shares into freefall Wednesday, forcing the company to consider experimenting with ads and — hold onto your remote — cracking down on millions of freeloaders who use passwords shared by friends or family. […]