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Thursday, October 6, 2011

CNBC: Mortgage Rates, Mortgage Demand and Home Prices All Fall

Mortgage Rates, Mortgage Demand and Home Prices All Fall
Published: Thursday, 6 Oct 2011 | 11:45 AM ET
By: Diana Olick
CNBC Real Estate Reporter

When mortgage rates first fell below five percent in 2009, we called it an emotional landmark, a level that, while not significantly different from the previous week or month, would send up a flag to borrowers that it was time to buy or at least to refinance.

REG - RIT Cap. Partners - Investment in Renshaw Bay

http://uk.reuters.com/article/2011/10/06/idUS133098+06-Oct-2011+RNS20111006

REG - RIT Cap. Partners - Investment in Renshaw Bay
Thu Oct 6, 2011 1:59pm BST

* Reuters is not responsible for the content in this press release.

RNS Number : 7116P
RIT Capital Partners PLC
06 October 2011

RIT Capital Partners plc

Investment in Renshaw Bay Ltd

In February 2011, RIT Capital Partners plc ("RIT") announced its intention to participate in the launch of Renshaw Bay in partnership with Bill Winters and Reinet Fund S.C.A. Mr Winters, formerly the Co-Chief Executive of JP Morgan Investment Bank, has established Renshaw Bay as a new asset management and advisory group focusing on capital markets based investment strategies.

Wednesday, October 5, 2011

PIMCO: Six Pac(k)in’

Six Pac(k)in’

- Long-term profits cannot ultimately grow unless they are partnered with near equal benefits for labor.
- There is only a New Normal economy at best and a global recession at worst to look forward to in future years.
- If global policymakers could focus on structural as opposed to cyclical financial solutions, New Normal growth as opposed to recession might be possible.

CNNMoney: Greek default is just a matter of time

EUROPE'S DEBT CRISIS
Greek default is just a matter of time

By Ben Rooney @CNNMoney October 5, 2011: 5:39 AM ET

NEW YORK (CNNMoney) -- It was once unthinkable but is now widely expected: Greece is headed toward default.

Jatropha as alternative fuel a bust

WEDNESDAY OCTOBER 05, 2011 PHILIPPINES
Jatropha as alternative fuel a bust
BY JOHN LOURENZE POQUIZ

The government is set to abandon its program of promoting jatropha as an alternative fuel source, an official said.

Tuesday, October 4, 2011

USA Today: Wall Street protesters say they 'want a voice'

Wall Street protesters say they 'want a voice'
By Martha T. Moore, USA TODAY

NEW YORK – Don't ask the protesters sleeping out in a downtown plaza for the list of demands of the Occupy Wall Street movement, which enters its 19th day today. There isn't one, and with labor unions set to join the group today and with groups in other cities from Los Angeles to Louisville starting their own camp-out protests, their specific proposals for change aren't likely to get any clearer soon.

Monday, October 3, 2011

CNNMoney: Starbucks steps up to the jobs challenge

Starbucks steps up to the jobs challenge

By Catherine Clifford October 3, 2011: 2:18 PM ET

NEW YORK (CNNMoney) -- Starbucks Corp. unveiled a program Monday to help raise money to spur hiring among small businesses.

Thursday, September 29, 2011

Lack of 'soul' has Docklands tenant ready to leave

Lack of 'soul' has Docklands tenant ready to leave

September 28, 2011
Jason Dowling

ONE of Docklands' cornerstone corporate tenants has threatened to quit, saying infrequent public transport and a lack of ''charisma'' and ''soul'' puts it at risk of losing staff.

http://www.theage.com.au/victoria/lack-of-soul-has-docklands-tenant-ready-to-leave-20110927-1kvgz.html

Tuesday, September 27, 2011

Bloomberg: Roubini: U.S. in Throes of Economic Contraction

Roubini: U.S. in Throes of Economic Contraction
By Liza Horowitz and Matt Winkler

Most advanced economies are lapsing back into recession while the U.S. is already in the throes of an economic contraction, according to Nouriel Roubini, co- founder and chairman of Roubini Global Economics LLC.

CNNMoney: Home prices climb for fourth straight month

Home prices climb for fourth straight month
By Les Christie September 27, 2011: 10:47 AM ET

NEW YORK (CNNMoney) -- Home prices in July climbed for the fourth month in a row, but are still down from a year ago.