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Dubai property giant sacks 500 as finance crisis bites
DUBAI (AFP) - The Dubai property giant behind such grandiose projects as a one-kilometre tower and artifical palm-shaped islands said on Sunday it has fired 500 staff as the global economic crisis begins to bite in the oil-rich Gulf.
Nations:United Arab Emirates Activities:2008 Global Recession Source:(AFP)
2008-11-30
Meltdown far from over, new mortgage crisis looms
WASHINGTON - Black Friday's retail shoppers hunting for holiday bargains won't be enough to stave off what's likely to become the next economic crisis. Malls from Michigan to Georgia are entering foreclosure, commercial victims of the same events poisoning the housing market.
Nations:U.S. People:Henry Paulson Activities:U.S. Foreclosure Crisis Source:(AP)
2008-11-28
New home sales fall to slowest pace since 1991
WASHINGTON - Sales of new homes fell in October to the lowest point in nearly 18 years while the median price of a new home dropped to the lowest level since 2004.
Nations:U.S. People:Barack Obama Activities:U.S. Foreclosure Crisis Source:(AP)
2008-11-26
DR Horton swings to $800 million loss
FORT WORTH, Texas - D.R. Horton Inc. reported Tuesday a nearly $800 million loss in its fiscal fourth quarter on slower home sales and more than $1 billion in charges amid a troubled housing market.
Activities:U.S. Foreclosure Crisis Source:(AP)
2008-11-25
US home prices at 2004 levels, sales off 3.1 pct.
WASHINGTON - Nationwide sales of existing homes fell more than expected last month, as economic fears made buyers leery even though prices plunged to the lowest level in more than four years. And the decline is expected to get worse because October's results reflect sales contracts signed before Wall Street's nosedive.
Nations:U.S. People:Barack Obama Activities:U.S. Foreclosure Crisis Source:(AP)
2008-11-24
| Headlines |
- Dubai property giant sacks 500 as finance crisis bites 2008-11-30
- Meltdown far from over, new mortgage crisis looms 2008-11-28
- New home sales fall to slowest pace since 1991 2008-11-26
- DR Horton swings to $800 million loss 2008-11-25
- US home prices at 2004 levels, sales off 3.1 pct. 2008-11-24
- US home construction sinks to new record low 2008-11-19
- Lawmakers, Treasury lock horns on foreclosures 2008-11-18
- Homebuilder sentiment index plunges to record low 2008-11-18
- U.S. foreclosure rates up 25 percent year-over-year 2008-11-13
- New bailout focus: how to fight foreclosures 2008-11-13
- Stocks plunge for third straight session 2008-11-12
- Foreclosures: Washington to the Rescue? 2008-11-12
- U.S. home values drop for 7th straight quarter 2008-11-12
- Government launches new mortgage aid effort 2008-11-11
- US lays out sweeping program to ease mortages 2008-11-11
- Critics say new federal mortgage plan not enough 2008-11-11
- Consumer spending worries send stocks lower 2008-11-11
- Citigroup to help at-risk borrowers stay in homes 2008-11-11
- Toll Brothers 4Q home-building revenue declines 2008-11-11
- China's new reality: Economic boom is slowing 2008-11-10
- China announces $586 billion stimulus plan 2008-11-09
- Campus Condos: The Payoff Is Shrinking 2008-11-05
- JPMorgan Chase Freezes Foreclosures 2008-11-03
- Better Off? Probably Not 2008-11-03
- Foreclosures: Feds to the Rescue? 2008-11-02
- Nevada, Michigan, Florida lead 'underwater' list 2008-10-31
- The Housing Crisis Spreads to China 2008-10-28
- S&P: Home prices post 17 pct annual drop in August 2008-10-28
- September new home sales rise by 2.7 percent 2008-10-27
- Other woes makes foreclosure crisis hard to break 2008-10-26
- September existing home sales up 5.5 percent 2008-10-24
- US foreclosure filings up 71 percent in 3Q 2008-10-23
- US working on plan to help homeowners refinance 2008-10-23
- China property rescue package gets muted reception 2008-10-23
- Out of Thin Air: How Money is Really Made 2008-10-23
- Southern California homes sale surge in September 2008-10-20
- Bruised economy likely to limp into next year 2008-10-20
- US house prices face long fall to bottom: analysts 2008-10-19
- Fallout from financial crisis hammers housing 2008-10-17
- US confronts possibility of long, deep recession 2008-10-15
- Blackstone eyes China property, sees lower prices 2008-10-15
- Where McCain, Obama stand on the issues 2008-10-13
- August pending home sales jump 7.4 percent: NAR 2008-10-08
- Dubai firm plans 'Amazulu World' in South Africa 2008-10-07
- For bailout to work, housing market needs to mend 2008-10-04
- Feeling Wall Street's pain, from Manila to Paris 2008-10-04
- Los Angeles mayor announces bold housing plan 2008-09-30
- What $700B won't buy: a quick fix for the economy 2008-09-27
- Tightening of credit strikes nerve among consumers 2008-09-26
Matches Shown: | 1-50 | 51-100
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