Real Estate News

Greece must deal with its deficit - Cameron's spokeswoman

26 Jan 2015 06:45:06 -0500

LONDON (Reuters) - Greece's new government must tackle the country's budget deficit and meet its international commitments, British Prime Minister David Cameron's spokeswoman said on Monday after Greek leftist party Syriza won a snap election. "The prime minister respects the decision of the Greek people," the spokeswoman told reporters. "Greece needs to deal with its deficit and meet its international commitments." (Reporting by Andrew Osborn, writing by William James; editing by Stephen Addison)


Australia's knighting of Prince Philip prompts puzzlement

26 Jan 2015 06:41:28 -0500

SYDNEY (AP) — Australia's prime minister on Monday dismissed criticism of his decision to make the husband of Queen Elizabeth II an Australian knight, saying Prince Philip has a long history of service Down Under.


2 suspected looters killed in South Africa

26 Jan 2015 06:41:15 -0500

JOHANNESBURG (AP) — Two suspected looters in South Africa were fatally shot following a week of attacks on immigrant-owned shops in the Johannesburg area, police said Monday.


Aer Lingus confirms IAG takeover bid at 2.55 euros per share

26 Jan 2015 06:39:53 -0500

DUBLIN (AP) — Aer Lingus announced Monday that British Airways parent IAG has made an improved takeover offer of 2.55 euros ($2.85) per share, and the board of the Irish airline says it is considering the proposal.


German business confidence rises for third month running

26 Jan 2015 06:32:19 -0500

FRANKFURT, Germany (AP) — German business optimism rose for the third straight month in January, giving a positive signal from Europe's biggest economy as executives foresee export gains from the weaker euro.


German Foreign Minister: nobody desperate to impose more sanctions on Moscow

26 Jan 2015 06:30:45 -0500

BERLIN (Reuters) - German Foreign Minister Frank-Walter Steinmeier said on Monday nobody was blindly set on imposing further sanctions on Moscow over its stance in eastern Ukraine, ahead of a meeting of European foreign ministers in Brussels on Thursday. But he added that an offensive by pro-Russian separatists against the eastern Ukrainian port city of Mariupol would constitute a significant change in the situation, to which Europe would have to react. ...


Spain: Cervantes searchers find casket with his initials

26 Jan 2015 06:30:11 -0500

MADRID (AP) — Experts searching for the remains of Miguel de Cervantes have found a casket bearing the initials "M.C." with bones inside it in a crypt underneath a cloistered convent in Madrid.


South Korea storm past Iraq into Asian Cup final

26 Jan 2015 06:29:35 -0500

South Korea stormed into the Asian Cup final with a clinical 2-0 victory over Iraq on Monday, avenging a painful defeat at the same stage eight years ago. Goals from Lee Jeong-Hyeop and Kim Young-Gwon did the job for the Koreans, who dominated a wet semi-final in Sydney to move a step closer to ending a title drought dating all the way back to 1960. They face either hosts Australia or the United Arab Emirates in the final on January 31. There was no repeat of Iraq's shock win over South Korea in 2007, when they won a dramatic penalty shoot-out before completing their fairytale run by beating Saudi Arabia to lift the trophy in Jakarta.


Germany urges pro-Russian separatists to halt offensive on Mariupol

26 Jan 2015 06:25:17 -0500

Angela Merkel's spokesman said on Monday the German chancellor had urged pro-Russian separatists to halt their offensive on the east Ukrainian port city of Mariupol, and asked Russia's Vladimir Putin in a call on Sunday to use his influence over them. "If we want to get out of this spiral of escalation and give diplomacy a chance, then it is absolutely crucial that above all the pro-Russian separatists finally respect the cease fire," Merkel's spokesman Steffen Seibert told a press conference. Germany reiterated there was a real threat of an escalation of violence in eastern Ukraine without the implementation of the Minsk peace accord, and urged Russia to ensure separatists withdraw heavy weapons as previously agreed. Asked about possible further sanctions against Moscow, a foreign ministry spokesman said European foreign ministers would meet on Thursday and decide how to react.


MeadWestvaco Rock-Tenn join to form $16B packaging company

26 Jan 2015 06:25:08 -0500

RICHMOND, Va. (AP) — Rock-Tenn and MeadWestvaco are joining to form a $16 billion packaging company.

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