Bloomberg Toronto, a city of more than 6.5 million people, has just 3,200 homes left for sale to start the year after a real-estate frenzy fuelled by low interest rates drove the market to record levels. More than 121,000 homes were sold in Canada’s biggest city in 2021, up 28% from the previous year and smashing the previous high ...

  Bloomberg Italy is trying to lock in historically low financing costs at the start of a year where inflationary and political pressures could spell an end to super easy borrowing conditions. Rome offered a new 30-year bond via banks, kicking off Europe’s first sovereign syndicated deal of 2022. Initial price guidance was at eight basis points above comparable bonds, ...

  Bloomberg Alphabet Inc’s Google was slapped with a record French fine of $170 million by the nation’s privacy watchdog, together with a 60 million-euro fine for Meta Platforms Inc’s Facebook, over the way the companies manage cookies. CNIL, France’s data protection authority, issued the companies with a three-month ultimatum “to provide internet users located in France with a means ...