Rightmove has disclosed that it expects to incur £2.3 million in legal costs this year relating to a class action lawsuit alleging anti-competitive behaviour, according to its latest half-year financial results. The property portal’s operating costs increased by 17% to £77.7 million, up from £66.3 million in the previous period. The figure includes £10.4 million […]
Investors looking to capitalize on artificial intelligence often struggle to choose between established infrastructure players and niche software specialists. Deciding whether to buy Arista Networks (ANET +8.26%) or BigBear.ai (BBAI +9.27%) requires a look at their very different business models. Arista provides the high-performance hardware and software necessary to run modern data centers and cloud […]
Mortgage rates climb further this week, rising 8 basis points to their highest in nearly a year, the Freddie Mac Primary Mortgage Market Survey reported. Processing Content This is the fourth consecutive week of increases and it comes as the 10-year Treasury, likely in reaction to yesterday’s news from the Federal Open Market Committee, broke […]
Europe’s authorized crypto sector could face 1,569 to 5,409 governance and counterparty reviews as the EU introduces Russia- and Belarus-related sanctions controls in August, according to an FM Intelligence projection. The base scenario produces 2,849 review actions across the EU27. The full FM Intelligence analysis identified 289 authorized crypto-asset service providers in the EU27. Of […]
The £170m acquisition adds four prime UK logistics assets totalling 1.25 million sq ft to Mirastar’s European platform. Your trusted source for commercial real estate intelligence, insights, and market analysis. Register for free to access two complimentary articles per month, or Subscribe to unlock unlimited CRE intelligence. Already have an account? Log in The post […]
And some commentators say the housing crisis won’t be resolved without a laser focus on the main problem: the fact that eyewatering home prices are making it almost impossible for many buyers to put together the money needed. That’s particularly true in markets like Toronto and Vancouver, where average prices remain well above what many […]
Estate agents in Great Britain are experiencing the longest wait on record to receive commission payments, as the average home sale now takes 216 days from listing to completion, according to analysis by Rightmove. The property portal’s data shows the current timeline comprises 62 days to secure a buyer and a further 154 days between […]
Shares of Thermax tumbled as much as 16% to an intraday low of Rs 3,567 on the BSE on Friday after the company reported an 86% year-on-year decline in net profit to Rs 22 crore for the first quarter of FY27. The sharp drop in earnings was largely due to a one-time project cost overrun […]
Shares in Warsaw-listed XTB jumped almost 9% yesterday (Thursday) after the online broker’s preliminary first-half figures showed that earnings remained close to the record level reached in the first quarter, even as client trading volumes declined. The stock closed 8.6% higher at PLN 147.68, setting a new all-time closing high. It traded at PLN 75.00 […]
Navigating the housing market often means tackling a mountain of unfamiliar real estate terms, complex tax programs, and fluctuating mortgage rates. But today’s home shoppers on Realtor.com® have new tools to answer tough questions. Launched this week, RealAssist AI is a homebuying assistant tool built in collaboration with Google Gemini and Google Cloud. It’s designed […]