This Ex-Banker Has Wall Street-Sized Ambitions as a Wine Critic

And like Parker before him, a high rating on his own 100-point scale can turn inexpensive bottles into blockbusters. He spoke with Bloomberg Television Editor-at-Large Erik Schatzker. BLOOMBERG PURSUITS: Do you think of yourself as the next Parker? Not at all. Steve Jobs said, “You can't live your
See Original Article

A man gestures into an open door at the Central Bank of Chile in Santiago, Chile. Photographer: Ronald Patrick/Bloomberg. President Michelle Bachelet's administration is trying to weigh the political and economic costs from alleged manipulation at the World Bank that could have unfairly lowered
See Original Article

Tarena International Inc logo BidaskClub upgraded shares of Tarena International (NASDAQ:TEDU) from a hold rating to a buy rating in a research note published on Friday, December 22nd. Other research analysts also recently issued research reports about the stock. Jefferies Group reiterated a buy
See Original Article

Carillion has been sunk by its debt, but it's not clear that its lenders' quarterly results will suffer the same fate, CreditSights analysts said in a note today. The company had £835m of committed bank facilities and £140m in short-term facilities on Sept 30, according to its most recent accounts. Sky News
See Original Article

It is a story that has gripped Britain for more than 40 years – and has now, had one final, ironic and bizarre twist at the close with the news Lady Lucan, whose husband famously vanished following a murder in their home has left her fortune to a homeless charity after cutting her children out of her will.
See Original Article

S&P 500 constituents Citigroup and Bank of America, the fourth- and second-largest US banks by assets, are scheduled to report their Q4 2017 results before the market open on Tuesday and Wednesday respectively. The consensus recommendation for both banks is “buy” at the moment, in line with
See Original Article

The property was purchased for $101 million from Bascom Group, in which the transaction was subject to a $78.6 million Freddie Mac loan. Situated at 1302 Rio Valley Drive, Aurum Falls River features 284 one-, two- and three-bedroom apartments ranging from 722 to 1,602 square feet. Built in 2001
See Original Article

Effective January 15, 2018, Clarien Bank Limited will be increasing its term deposit rates and adjusting its BMD$ base lending rate following the US Federal Reserve rate increase announced on December 13, 2017. Promotional Deposit Products. “Clarien is introducing a series of attractive promotional
See Original Article

It's a slow start to the week with financial markets closed in observance of Martin Luther King Jr. day. With no trading going on, mortgage rates are going to remain flat until tomorrow. As we move through the week we do have several political and economic events that could influence the direction of
See Original Article

Early indicators of activity in this year's housing market show that demand remains robust, and most of the key metrics are broadly consistent with the same period last year. Demand as evidenced by visits to Rightmove shows the average so far in January is currently running over 9 per cent higher than
See Original Article

Singapore's sovereign wealth fund GIC is joining US private equity pioneer KKR and other global investors to take a $1.75 billion stake in India's largest mortgage lender, as the South Asian nation gears up for a housing boom. Mumbai-based Housing Development Finance Corp (HDFC) said it will raise
See Original Article

London-based Emma Technologies, which calls itself the “banking app for millennials”, has today won approval from the City watchdog to provide payment services. The Financial Conduct Authority (FCA) The mobile-only app helps consumers avoid overdrafts, find and cancel subscriptions and track
See Original Article

Blake Boldt Mortgage lenders throughout Chicagoland have squarely turned their attention to 2018, and their job is considerable. Along with implementing new processes and technologies, they must adapt to new laws and regulations as well as the changing tides of the economy. And they need to
See Original Article

Republican lawmakers held out hope that a deal can be reached allowing young undocumented immigrants to remain in the U.S., despite President Donald Trump saying the effort is “probably dead” amid growing tensions about keeping the government funded past Friday. Trump told reporters on his
See Original Article

Greater Hartford's industrial and commercial office vacancy rates declined in 2017, a trend likely to continue this year, according to Toronto commercial real estate services firm Avison Young. Like many of its peers around the country, the Greater Hartford market is demonstrating strength in its industrial
See Original Article

The Bayerische Motoren Werke AG (BMW) X2 crossover during the 2018 North American International Auto Show in Detroit on Jan. 15. Photographer: Andrew Harrer/Bloomberg. BMW AG is betting an overhauled 5 Series sedan and new X2 crossover will boost sales this year as the world's
See Original Article

TORONTO — Canada's real estate market will hit a slow patch in 2018 as tighter mortgage stress tests apply pressure and the impact could be exacerbated if an expected interest rate hike drives buyers to put off their home purchases, economists said Monday. The Bank of Canada will make its first
See Original Article

The Bank of Canada is already well into the process of raising interest rates to more normal levels and another increase is expected on Wednesday, after the economy's stellar performance last year. The big questions are how quickly do they continue moving up from here, how closely will they follow
See Original Article

Ayyappan.V@timesgroup.com. Chennai: With all the fuel that the bhogi diversions in caused, one flight carrying 600 passengers could have flown to London and back, three flights could have cruised to Dubai and back and six flights could have flown to Delhi and back. The cost in terms of fuel and time
See Original Article

Toyota has famously avoided Apple CarPlay and Android Auto, two in-car software platforms that bring the functionality and feel of a smartphone to the vehicle's central screen. But Toyota appears to be a holdout no more. At least for the upcoming 2019 Toyota Avalon. The new Avalon, the flagship of
See Original Article