Russian government assets in France and Belgium including bank accounts have been frozen in a row over compensation for shareholders of defunct oil giant Yukos, officials and a claimant representative said Thursday. In France, accounts in around 40 banks were frozen along with eight or nine buildings, Tim Osborne, executive director of the main shareholder GML, told AFP. “It’s bank accounts and real estate,” Osborne explained.
Out-of-favor networking and data centers look attractive as the Nasdaq Composite index breaks new records, said Kevin Landis, whose $133.4 million Firsthand Technology Opportunities fund is the top performing U.S. tech fund this year. Most tech investors continue to focus on wearable devices or so-called sharing economy companies such as taxi service Uber Inc or private real estate rental company Airbnb, Landis said.
Yukos shareholders said Thursday that Russian government assets in France including bank accounts and real estate had been frozen in a dispute over compensation for the seizure of the defunct oil giant. “It’s bank accounts and real estate,” Tim Osborne, executive director of main shareholder GML, told AFP, adding that accounts in around 40 banks had been frozen along with “eight or nine buildings”.
Timely advice on stocks, mutual funds, real estate, saving for retirement and building your family’s wealth from the next generation of financial luminaries and the editors of Forbes.
Filed under: Buying, Selling McKevin Shaughnessy/GettySetting a listing price too high above market value in hopes of getting a higher sales price for your home can backfire. By Laura Agadoni One goal when you’re selling your house is to get as much money as possible. It can be tempting to overprice. There’s always a chance you might score big. Right? Technically, yes. But that doesn’t mean testing the market by
Filed under: Buying, Financing, Refinancing ZillowThe weekly mortgage rate chart illustrates the average 30-year fixed interest rate in six-hour intervals. By Lauren Braun Mortgage rates for 30-year fixed loans fell this week, with the current rate borrowers were quoted on Zillow Mortgages at 3.93 percent, down 3 basis points from the same time last week. The 30-year fixed mortgage rate rose to 4.01 percent last week before falling and then
China on Wednesday rebuffed comments by U.S. real estate mogul and presidential contender Donald Trump that China is stealing U.S. jobs through crafty business practices, saying trade between the two countries was win-win. Trump wallowed in political incorrectness on Tuesday as he insulted everyone from Mexican immigrants to Jeb Bush and U.S. ally Saudi Arabia in announcing his bid for the Republican nomination. “Economic and trade cooperation between China and
Filed under: Buying, Financing, Refinancing ZillowThe weekly mortgage rate chart illustrates the average 30-year fixed interest rate in six-hour intervals. By Lauren Braun Mortgage rates for 30-year fixed loans rose this week, with the current rate borrowers were quoted on Zillow Mortgages at 3.96 percent, up 18 basis points from the same time last week. The 30-year fixed mortgage rate rose to 3.98 percent Friday, then hovered there before settling
By Alana Wise NEW YORK (Reuters) – Real estate mogul and TV personality Donald Trump announced his candidacy for the 2016 U.S. presidential election on Tuesday in a blitz of boasts, inflammatory comments and attacks on both fellow Republicans and President Barack Obama’s administration. “I will be the greatest jobs president that God ever created,” Trump said at the Trump Tower skyscraper in Manhattan on launching his bid for the
Real estate mogul becomes the latest candidate to enter the 2016 presidential race.