CALGARY — Calgary’s Uptown 17th Avenue is listed eighth overall in a report about Canada’s top retail strips.Colliers International, in its 2012 Global Retail Report, said Toronto’s Bloor Street is the only Canadian retail corridor to rank in the top 50 global list while New York’s Fifth Avenue maintains its top spot as world’s most expensive retail location.Bloor Street, the most expensive location in the country, ranked 34th with an average lease rate of Read more [...]

Mighty River Power shares could be listed on stock exchanges on both sides of the Tasman to boost investment from Australian institutions, making shares more expensive for Kiwi investors. With the scheduled date of the first state-owned enterprise float just a few months away, where the shares will be traded remains undecided. Mighty River is being partly floated later this year, with the Government planning to sell 49 per cent of the company to the public. Read more [...]

China Development Bank, the state-owned lender known for funding infrastructure projects like the Three Gorges Dam, is providing more than $1bn to help small Chinese companies leave the US stock market, according to Bloomberg. Beyondbrics can’t help but wonder whether CDB’s foray into the US has something to do with the political battle between Washington and Beijing over cross-border regulation of accounting firms. This from Bloomberg: The nation’s biggest policy lender has offered funding Read more [...]