Author: theparknews

Luxury home sales in Palm Beach are booming after Trump’s victory as residents soak up the charm of Mar-a-Lago Benzinga and Yahoo Finance LLC may earn commissions or revenue from some items through the links below. Like it or not, Trump’s political comeback is impacting everything around him. It’s not just his mansion’s skyscraper awning or his high-top sneakers emblazoned with his name that sparkle in Trump-esque gold. Pricey Palm Beach real estate surrounding his Mar-a-Lago home has also benefited from Donald’s return to the White House. Don’t miss: The New York Post reported that homes in the area were…

(Bloomberg) — China plans to cut interest rates and reserve requirements in a timely manner next year, 21st Century Business Herald reported, citing Wang Xin, head of the research department under the People’s Bank of China. Most Read Articles on Bloomberg According to reports, Wang said at an event on Saturday that the People’s Bank of China would strengthen the supply of currency and credit. He said there was scope to further reduce RRR (the amount of cash banks must hold) from its current average level of 6.6%. The report quoted Wang as saying that lending conditions for the real…

Elon Musk asked a federal court to block OpenAI from moving into a commercial business structure.anadolu OpenAI published Elon Musk’s old emails in a blog post on Friday. The AI ​​company released its version of the timeline of events amid an erupting legal battle with Mr. Musk. Musk said in a 2015 email that OpenAI’s nonprofit organization did not seem to be a “best fit.” OpenAI responded to co-founder Elon Musk on Friday with a scathing blog post featuring new legal filings and old emails from the billionaire pushing to commercialize the AI ​​startup. The email and filing were the…

(Bloomberg) — Broadcom, a chip supplier to Apple and other big tech companies, rallied in late trading after predicting a boom in demand for its artificial intelligence chips. Most Read Articles on Bloomberg In a post-earnings conference call, the company said it expects sales of AI products to increase 65% in the first quarter, far outpacing the overall semiconductor growth rate of about 10%. The company also predicted that the addressable market for the AI ​​components it designs for data center operators will reach $90 billion by fiscal year 2027. Like Nvidia Corp., Broadcom also stands to be a major…

The Trump Organization on Wednesday announced a new project in Saudi Arabia: Trump Tower Jeddah. Eric Trump announced: Post to Xwrote, “We are incredibly proud to officially launch Trump Tower – Jeddah, a project that has been in the works for months!” He expressed his gratitude to Dahl Global, a partner in the project. Dar Global is a real estate development company headquartered in Dubai and affiliated with Dar Al Alkan. biggest developer In Saudi Arabia. X Screenshot Eric Trump @EricTrump: We are incredibly proud to officially open a project that has been in the works for months: Trump Tower…

Crypto mogul and luxury real estate investor’s $36 million Manhattan glass box penthouse is listed by Netflix real estate star Ryan Serhant Australian crypto entrepreneur Kane Warwick rose to fame with his company Synthetix. Still, there’s nothing pretentious about the glass Manhattan penthouse he listed for $36.5 million through broker Ryan Serhant. The home is a distinctive structure, a glass townhouse atop a nine-story limestone condominium that houses 10 luxury apartments. Consisting of four stories and 7,500 square feet of interior space, the West Village home mirrors a similar structure in the building across the street. Don’t miss: Warwick founded…

(Bloomberg) — Mondelez International’s latest offer for Hershey Co. highlights the challenges posed by soaring cocoa prices and penny-pinching consumers, making the chocolate company more open to a deal than it was eight years ago. There is a possibility. . Most Read Articles on Bloomberg Bloomberg reported this week that Mondelez had taken a preliminary approach about a possible combination. If the deal goes through, it would create a food group with combined sales of about $50 billion and pose a bigger challenge to Mars, one of the world’s largest confectionery makers. The issue largely falls to the Hershey Trust,…

Hilton’s luxury hotel brand continues to expand globally, with plans to build more than 500 new hotels in major destinations including New York, Costa Rica, Athens and Osaka. This growth reflects the brand’s continued efforts to strengthen its position in the highly competitive luxury hospitality sector. LXR Hotels & Resorts is significantly expanding its presence with new properties planned in various locations around the world. In 2024, the brand will debut several high-profile properties in the U.S., including the Arizona Biltmore, Beach Village and Shore House at Hotel del Coronado, and Kalai Waikiki Beach in Hawaii. This expansion is consistent…

London, UK–(Newsfile Corp. – December 7, 2024) – Icona Capital, a leading alternative investment group, has acquired an island in the Maldives. The island is renowned for its pristine natural beauty and is also easily accessible for international travelers as it is located very close to both Male International Airport and Maamigili Domestic Airport. This acquisition marks a significant milestone in Icona Capital’s return to the ultra-luxury hospitality space. With an unparalleled track record of success and dedication to excellence, the acquisition of Icona Capital further underscores the company’s commitment to investing in unique, high-potential opportunities in the luxury hospitality…

BEXA and Sagewood Corporation have broken ground on a luxury waterfront development in Fort Lauderdale, Florida, USA. Sagewood Corporation will join BEXA as co-developer and general contractor on the View Pointe Residences apartment project. The groundbreaking ceremony was attended by Fort Lauderdale Mayor Dean Trantalis and key project executives. The collaboration between BEXA and Sagewood Corporation aims to deliver developments based on location, design and quality of life. Located near Las Olas Boulevard and Fort Lauderdale Beach, View Point Residences is designed to integrate with the surrounding luxury amenities. Featuring concrete and glass, the architecture reflects the region’s natural and…