Articles Tagged with ''Europe''

Billionaire says new global financial crisis brewing

Italy to become the next Brexit?
Is the world on the verge of another major financial crisis? One billionaire warns that could very well be the case. Billionaire George Soros, one of the world’s most successful investors, says as the dollar surges and a capital flight ensues from emerging markets, the world could be facing another major financial crisis.
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Radian continues restructuring; sells European mortgage services business

Offloads Clayton EuroRisk to unnamed buyer
Over the last several months, private mortgage insurer Radian Group has undertaken a restructuring effort in its services business, which is conducted through its principal subsidiary Clayton, and Clayton’s subsidiaries: Green River Capital, Red Bell Real Estate and ValuAmerica. On Wednesday, the company announced the latest move in its restructuring efforts.
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Meet Airbnb’s newest competitor: Google

Plans to extend footprint in short-term rental market
The market for short-term rentals continues to grow, and now, Airbnb is beginning to see competition in the market. Google is dipping its toes into the market by adding apartments and homes to their hotel search in some European cities, but it doesn’t plan to stop there.
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Fannie Mae to list risk-sharing bonds on Irish Stock Exchange

Will hold “sufficient” credit risk to ensure compliance with European Union rules
European investors seeking to buy into the U.S. mortgage market will now have that opportunity, after Fannie Mae announced that it plans to list all of its outstanding risk-sharing mortgage bonds on the Irish Stock Exchange.
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World economy overcomes obstacles

Projected to experience slow expansion in the months to come
Despite signs of relative weakness in China and other emerging markets, the world economy is likely to maintain slow growth for the rest of the year, analysts suggest.
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