TIM Participacoes earnings missed by $0.01, revenue topped estimates

New York City’s largest retail leases in July featured an eclectic mix of deals, including for grocery stores, fashion houses and golf clubs. The list also includes two cafes, two restaurants, and a new wine bar taking space. Read on to see who was behind last month’s biggest deals.  1) Purple Style Labs | 601…

The UK’s Financial Conduct Authority published a wide-ranging review of artificial intelligence in retail financial services today (Monday), the first of its kind commissioned by a financial regulator globally, the FCA said. The report, led by FCA executive director Sheldon Mills and known as The Mills Review, concludes that AI is likely to reshape how…

Average rents have risen by 4.3% over the past year to £1,369 per month, the latest quarterly index from Lomond has shown. The network of lettings and estate agencies also found that tenants are now spending an average of 32.7% of their annual income on rent. In London, average rents reached £2,418 per month, 76%…

Surveying commercial and residential real estate markets While Reading says that each subset of the real estate market faces its own headwinds, there are improvements in areas like industrial and office real estate. Industrial has recovered with some absorption of the significant stock that was built in the wake of the pandemic. Office demand has…

“At least 25 states introduced bills to repeal or restrict data center tax subsidies, but such legislation passed in only eight states,” according to research by the Center on Budget and Policy Priorities.  Bloomberg News The tax breaks that help bring data centers into existence are attracting tighter scrutiny from state legislators who believe the lost…

“Provincial results suggest the recent rise in mortgage delinquencies is driven less by broad borrower distress and more by localized weakness in Canada’s most expensive markets, particularly Ontario and British Columbia.” Beyond delinquency, the consumer insolvency rate climbed to 1.10% in Q2 2026, up from 0.94% in Q2 2024, the highest level recorded in the past…