BrightDrop, the commercial EV subsidiary of General Motors that launched in 2021, is being swallowed up by its parent company. GM said Thursday that BrightDrop — a "startup" that spun out of the ...

(Reuters) - A U.S. Federal Reserve report found that banks in the country are slow to take losses on their commercial real estate loans that have been hit by slumping property values and rental ...

Powered by strong demand from IT and related sectors, Bangalore is seeing a record absorption in commercial and residential segments amid a sharp fall in demand seen in key property markets such as ...

DUBLIN, June 11 (Reuters) - Ireland's domestic banking system continues to have sufficient capacity to absorb, rather than amplify, a steep fall in commercial real estate valuations, the country's ...