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Home renters expecting boon from Olympics
Londoners are already seeking tenants to stay in their homes during the 2012 Olympic Games, asking as much as 70 percent more than typical apartment rents to capitalize on an expected shortage of hotel rooms.About 320,000 foreigners will travel to London in the six weeks from the start of the Olympics to the end of the Paralympics, competing for about 120,000 hotel rooms available by then, the U.Four Seasons Seen Drawing China's Richest Man
In the hunt for luxury hotel management companies in America, China's richest man may set his sights on Four Seasons, or several smaller boutique chains.Gap between rich and poor won't close by itself
Remember all that stuff about how the credit crunch was going to usher in a new age of austerity The financial industry would shrink; the gulf between the haves and the have-nots would close; and taxes would rise for the top earners, forcing them to contribute more to society. Well, guess what It didn't happen. In fact, we just had a "rich-get-richer" recession.Londoners pitch tents for Olympic fans as hotels fill up
About 320,000 visitors will converge on the U.K. capital in July, many of them competing with invitees of Britain and the International Olympic Committee for more than 140,000 hotel roomsCamerons Hires Securities Lawyer for International Capital Markets Launch
CMS Cameron McKenna has launched an international capital markets group to span 13 offices with the hire of Simmons & Simmons U.S. securities partner Daniel Winterfeldt, who will join the firm in February. Winterfeldt is the first U.S.-qualified securities lawyer at Camerons.Slowdown in China may be felt around world
House prices in Shanghai, Shenzhen and Guangzhou are plunging, and the global economy may grind almost to a halt next year because of it.Construction of homes, offices and factories fell at least 16.6 percent in October after rising 32.5 percent a year earlier, according to Macquarie Securities Ltd. That's squeezing an economy already slowed by recessions in the U.Corporate Transparency Act Resource Kit
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