NYCB Chief Executive Announces New Business Plan and Search for Non-Bank Bidders amid Stock Market Uncertainty

NYCB Chief Executive Announces New Business Plan and Search for Non-Bank Bidders amid Stock Market Uncertainty

New York Community Bank NYCB.N is interested in non-bank bidders for some of its loans and will present a new business plan next month, its new chief executive said Thursday, after the bank again cut its dividend and revealed that deposits fell by 7%. The bank’s shares rose 7% on Thursday, after swinging between gains … Read more

Cristiano Ronaldo’s Obscene Gesture in Response to Pro-Messi Chants Sparks Controversy

Cristiano Ronaldo’s Obscene Gesture in Response to Pro-Messi Chants Sparks Controversy

Cristiano Ronaldo’s obscene gesture in response to pro-Messi chants The embarrassment of the weekend. Cristiano Ronaldo converted a penalty before seeing Talisca score a double to give Al-Nassr victory against Al Shabab (2-3) this Sunday, but that did not prevent the Portuguese from making headlines. The reason ? He heard the opposing fans singing in … Read more

Host Hotels & Resorts Forecasts 2024 Revenue Beat, Anticipating Business Travel Recovery

Host Hotels & Resorts Forecasts 2024 Revenue Beat, Anticipating Business Travel Recovery

(Automated translation by Reuters, please see disclaimer Real estate investment firm Host Hotels & Resorts HST.O forecast Wednesday that its 2024 revenue would beat Wall Street estimates, anticipating a continued recovery in business travel demand. U.S. travel companies have benefited from an increase in demand, primarily from small and medium-sized businesses. Host Hotels & Resorts, … Read more

U17s Attacked During Trip to Hérault: Club Files Complaint and Seeks Safety Measures

U17s Attacked During Trip to Hérault: Club Files Complaint and Seeks Safety Measures

U17s attacked during a trip to Hérault Traveling to FC Petit Bard, a Montpellier club, the U17s of US Seysses-Frouzins (USSF) saw what was supposed to be just an ordinary Regional 1 meeting turn into a nightmare. First on the field with a lot of racist insults coming from the stands and from a group … Read more

Darwin Nuñez Makes History Against Chelsea: Record-Breaking Performance

Darwin Nuñez Makes History Against Chelsea: Record-Breaking Performance

Darwin Nuñez made history against Chelsea He might have done without this record. This Wednesday, during the poster between Liverpool and Chelsea (4-1), Darwin Nuñez made history. The Uruguayan striker for the Reds became the first player since the 2003-2004 season (the first season since the data was recorded) to receive four times the amount … Read more

US Office Real Estate Crisis: Only Two New Skyscrapers Inaugurated in New York by 2025

US Office Real Estate Crisis: Only Two New Skyscrapers Inaugurated in New York by 2025

In New York, for the first time in decades, only two new skyscrapers will be inaugurated by the end of 2025. Reuben Teo Jia Chyau/ReubenTeo – stock.adobe.com DECRYPTION – Employees’ refusal to return to the traditional way of working prior to the Covid pandemic persists. For the US office real estate market, the prospects for … Read more

Kering’s Acquisition of 10,700 Square Meter Building on 5th Avenue in New York for 963 million dollars

Kering’s Acquisition of 10,700 Square Meter Building on 5th Avenue in New York for 963 million dollars

By Le Figaro with AFP Published 2 hours ago, Updated 10 minutes ago Kering’s investment is estimated at 885 million euros. ERIC PIERMONT / AFP The French luxury group has acquired a 10,700 square meter building, described as a “new step in (its) selective real estate strategy”. The French luxury group Kering announced this Monday … Read more

FDJ Launches Takeover Bid for Kindred Group, Aims to Become European Number Two in Online Gaming Industry

FDJ Launches Takeover Bid for Kindred Group, Aims to Become European Number Two in Online Gaming Industry

The Française des Jeux logo FDJ launched a takeover bid on the online gaming group Kindred Group on Monday, an operation at the end of which the French group aims to become the European number two in the sector. FDJ says it is offering 130 Swedish crowns per share, valuing Kindred at 2.6 billion euros. … Read more

U.S. Big Banks Report Falling Profits and Consumer Loan Picles

U.S. Big Banks Report Falling Profits and Consumer Loan Picles

(Added investor quote to paragraph 3 and analyst quote to last paragraph) Big U.S. banks reported falling profits Friday in a choppy fourth quarter clouded by special charges and job cuts, with signs that rising revenue from high interest rates is slowing. is fading and some consumer loans are starting to sour. Nonetheless, JPMorgan JPM.N … Read more

French Minister Announces Extension of State-Guaranteed Loans to Save Companies Until 2026

French Minister Announces Extension of State-Guaranteed Loans to Save Companies Until 2026

“This will save certain companies,” underlined the minister. Bruno Le Maire in Paris, December 20, 2023. (AFP / LUDOVIC MARIN) Companies that benefited from a state-guaranteed loan during the pandemic will be able to reschedule them until December 31, 2026, the Ministry of the Economy announced on Sunday January 7. “This will save some businesses. … Read more