China Has Lowest New Year Sales Since 2009 - Bloomberg

Chinese shoppers on their Lunar New Year holiday were less lavish than expected at Hong Kong jewelers, curbed spending on beauty brands and slowed spending […]

Draghi Questions Role of Ratings Companies - Bloomberg

European Central Bank President Mario Draghi said investors largely priced in the euro-area sovereign downgrades from Standard & Poor

China

A Chinese manufacturing gauge rose in December, suggesting that a slowdown in the world

Deutsche Bank chief targeted with letter bomb

BERLIN

`Crisis of trust’ creates struggle over European bailouts

It’s the “morning after” for the markets.
Gone is the euphoria over a European debt bailout plan that sent stocks soaring two weeks ago. Now investors […]

Good news for boomers,as kids finally move out

The echo boomers are finally moving out of their parents’ homes and expected to be the biggest rush of renters to hit Toronto’s housing market […]

Commercial real estate notes

Sansone Group represented parties in these transactions:

Wall Street protesters march again in NYC

Demonstrators from the Occupy Wall Street encampment are on the move again in New York City.
As many as 1,000 protesters were marching Saturday morning to […]

UK fund manager wants Murdochs off News Corp board

A British fund manager on Friday called for Rupert Murdoch to resign as chairman of News Corp. as a step toward restoring trust in the […]

Regulators close Virginia bank; 2011 total is 72

Regulators on Friday closed a bank in Virginia, lifting to 72 the number of U.S. bank failures this year.
The Federal Deposit Insurance Corp. seized Bank […]