instruction:
Given a document, find the main entity about whom the author is writing. Write the full name if mentioned in the text. Note that URLs in the text have been replaced with [Link].
question:
Only days after the Tax Cuts and Jobs Act was signed   New York developer Steven Witkoff  announced that  he  is now surging ahead with  his  plans to complete the Fontainebleau resort in Las Vegas  Bloomberg Politics reported.
âNow  weâre not going to be patient â  Witkoff  told Bloomberg. âWeâve basically pressed the âgoâ button to do everything necessary to finish design on the project and take down a construction loan.â
 The developer  added that as soon as he saw the bill was going to become law  he was ready to ease off the brakes. He quickly launched an effort to restart his financing process for the estimated $3 billion he needs to finish the project.
 Witkoff  also noted that an important benefit in the tax reform law that allows full and immediate expensing of capital investments spurred him to immediate action. He also insisted to Bloomberg that the new tax law will spark great economic activity in the U.S.
âYou can just feel it â  Witkoff  said. âYou can feel the pent-up fervor thatâs happening out there  and  it  hasnât even seeped through the system yet. And Iâm not a Republican ideologue  for Godâs sake.â
The Fontainebleau was about 70 percent complete when billionaire Carl Icahn bought the stalled project out of bankruptcy in 2010. The site was idle until last year when  Witkoff  began toying with jumping in to finish the building. But  until now  going was slow with an uncertain economy and a slow commercial property market dogging the project.
answer:
Steven Witkoff


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(Reuters) - Saks Fifth Avenue owner Hudsonâs Bay Co (HBC.TO) said on Wednesday it had received a bid for its German department store chain Kaufhof from  Signa  Holding  the Austrian property and retail group that owns Karstadt  another German retail chain.
The announcement came after Reuters reported earlier on Wednesday  citing sources  that  Signa  had made a 3 billion euro ($3.5 billion) offer for Kaufhof. Hudsonâs Bay did not comment on the bidâs value  and  Signa  declined to comment.
 Signaâs offer  comes one week after Hudsonâs Bay agreed to sell its flagship Lord & Taylor building in New York for $850 million to WeWork Cos.
The Reuters sources said that  Signa  expects Toronto-based Hudsonâs Bay  which has been reluctant so far to engage in negotiations to sell Kaufhof  to respond to  the offer  by the middle of November.
Hudsonâs Bay called  the offer  incomplete  non-binding and unsolicited  with no evidence of financing.
The sources said that in its offer letter to Hudsonâs Bay   Signa  stated  its  bid for Kaufhof would not be contingent on any third-party financing  since  it  already has 700 million euros in approved financing from European banks  and also has cash available from a 1 billion euro equity raise last month.
 Signa  has also offered to assume all of Kaufhofâs liabilities  including a 1.34 billion euro real estate loan by German bank LBBW  the sources added.
Hudsonâs Bay said it plans to review  the offer  in due course. It added that its European business is an important element of the companyâs strategy  and that it remains focused on executing its strategy and plans for the upcoming holiday season.
At a valuation of 3 billion euros including debt  Signaâs bid values Kaufhofâs real estate at 2.63 billion euros  the sources said.
Signa tried to buy Kaufhof in 2015  but Hudsonâs Bay outbid it by paying 2.5 billion euros including debt for the German chain and its Belgian subsidiary. Since then  Kaufhofâs finances have deteriorated  to the point where vendors are finding it more difficult to find trade credit insurance to make shipments.
âHudsonâs Bay board of directors should  consistent with its fiduciary duties  seriously consider the reported  Signa  fully financed 3.0 billion euro offer for Hudsonâs Bay European business  which is above the Companyâs purchase price and stated net asset value â Lands and Buildings CEO Jonathan Litt said in a statement.
 Privately held Signa   founded 17 years ago by property developer Rene Benko  now runs more than 125 retail locations in Northern Europe  generating annual revenue of about 3.8 billion euros  according to  its  website.  It  owns a big real estate portfolio with a gross asset value of more than 10 billion euros.
 Signa  bought Karstadt from the brink of bankruptcy in 2014 for the nominal consideration of just one euro from  its  majority owner Nicolas Berggruen  son of an international art dealer.
 Signa  restored Karstadt to profitability: realigning  its  offerings closer to the tastes of German consumers  cutting costs and making operations more efficient. Karstadt and Kaufhof are now the two largest department store operators in Germany.
Last month   Signa  said  it  had completed an equity raise of 1 billion euros  giving  it  more firepower to pursue acquisitions.
answer:
Signa


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Serbia's central bank cut its key rate to 10 percent on Thursday after a deal with the IMF  governor Radovan Jelasic said  signalling that more cuts could come.
 "The National Bank of Serbia's (NBS) monetary policy committee decided to lower the interest rate from 11 to 10 percent for several reasons " Jelasic told reporters  marking the second cut in a month.
 Among the reasons was "successful completion of a second revision of a stand-by arrangement with the International Monetary Fund a day before " Jelasic said.
 Low inflation in the third quarter and stability of the exchange rate were also listed among the reasons  Jelasic said.
 However  Jelasic said that trends for the economy were better than had been expected  and that further cuts in interest rates could be expected.
answer:

Radovan Jelasic