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October 29, 2020
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CNBC - Real Estate

Banks may have to brace for heavy losses as commercial property prices plunge

CNBC Real Estate
(Photo: Getty Images | d3sign) SINGAPORE — Commercial real estate prices have plunged this year as people stopped going into offices, and retail businesses were disrupted. That could lead to a significant amount of losses for banks, according to a recent report. In previous downturns, commercial property loan losses were......
BBC - Business

EasyJet warns of heavy losses and more flight cuts

BBC
https://www.bbc.co.uk/news/business-54454202 Image copyright Reuters EasyJet has warned it faces losses of more than £800m this year and that it expects to fly at just 25% of normal capacity into next year. Although the airline said in a trading update it had taken tough action to cut costs, the warning underlines......
New York Times - World

‘Then I Heard a Boom’: Heavy Weapons Take Toll on Civilians in Armenia-Azerbaijan Clash

New York Times
New York Times – For more and to sign up click here MOSCOW — Ruzanna Avagyana, a 53-year-old social worker from the ethnic Armenian enclave of Nagorno-Karabakh, was taking stock Monday of the region’s rapidly escalating military conflict with Azerbaijan from inside her basement. The fighting, the worst in Nagorno-Karabakh......
ESPN

Lakers heavy Finals faves, but Heat popular bet

ESPN
Sportsbooks have installed the Los Angeles Lakers as considerable favorites to beat the Miami Heat in the NBA Finals. The early betting action, though, has been on the underdogs, and the odds are on the move. The Lakers are -400 favorites at William Hill U.S. sportsbooks, with the Heat listed......
BBC Entertainment

Andrew Neil to leave BBC ‘with heavy heart’

BBC
Image caption Neil is known as one of the BBC’s most ferocious political interviewers Broadcaster Andrew Neil has paid tribute to the BBC after announcing he will be leaving after 25 years. The 71-year-old journalist is to become chairman of new TV channel GB News, which is due to launch......
CBS US News

Tropical Storm Beta slams Texas with heavy rains, flooding

CBS News
CBS News – For more and to sign up click here Remnants of Tropical Storm Beta are battering the Gulf Coast with torrential rains from Texas all the way to New Orleans. Janet Shamlian reports. Source link...

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