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M&G suspends a second UK property fund
News 15 hours ago
M&G suspends a second UK property fund

Dec 7 (Reuters) - M&G's life and pensions arm said it has suspended a 164 million pound property fund, days after the British fund manager froze...

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UPDATE 2-New store openings hit Dollarama's profit
News 3 days ago
UPDATE 2-New store openings hit Dollarama's profit

Dec 4 (Reuters) - Canadian dollar-store operator Dollarama Inc missed analysts' estimates for quarterly profit by a narrow margin on Wednesday,...

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UPDATE 4-M&G suspends $3.2 bln UK property fund as Brexit takes toll
News 3 days ago
UPDATE 4-M&G suspends $3.2 bln UK property fund as Brexit takes toll

LONDON, Dec 4 (Reuters) - British fund manager M&G Investments suspended dealing in its flagship UK property fund on Wednesday, blaming Brexit...

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UPDATE 2-Britain's Ocado to open first
News 1 week ago
UPDATE 2-Britain's Ocado to open first "mini" robotic warehouse

LONDON (Reuters) - British online grocer Ocado will open its first "mini" robotic warehouse in Bristol, western England, by early 2021, it said on...

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Amazon to open store on China's Pinduoduo marketplace on November 25: source
News 1 week ago
Amazon to open store on China's Pinduoduo marketplace on November 25: source

SHANGHAI (Reuters) - Amazon.com Inc (AMZN. O) on Monday said it will open a pop-up store on Chinese e-commerce platform Pinduoduo Inc (PDD.O) that...

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UPDATE 1-Amazon opens pop-up store on China's Pinduoduo until year-end
News 1 week ago
UPDATE 1-Amazon opens pop-up store on China's Pinduoduo until year-end

SHANGHAI (Reuters) - Amazon.com Inc on Monday said it will open a pop-up store on Chinese e-commerce platform Pinduoduo Inc that will run until the...

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Brazilian retailers Magazine Luiza and Lojas Marisa announce partnership
News 2 weeks ago
Brazilian retailers Magazine Luiza and Lojas Marisa announce partnership

SAO PAULO, Nov 21 (Reuters) - Brazilian retailers Magazine Luiza SA and Lojas Marisa SA announced on Thursday a partnership to sell smartphones and...

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UPDATE 3-Nordstrom bucks trend of grim retail forecasts; share jump 8%
News 2 weeks ago
UPDATE 3-Nordstrom bucks trend of grim retail forecasts; share jump 8%

The Seattle-based company, which sells everything from apparel and footwear to home decor, said investments in its loyalty program and digital...

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McDonald's employees in Chicago sue over workplace violence
News 2 weeks ago
McDonald's employees in Chicago sue over workplace violence

NEW YORK (Reuters) - McDonald's Corp (MCD. N) employees on Thursday sued the fast food giant and several of its franchisees in Chicago over a store...

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Jaguar Land Rover chief wants alliances, not a merger
News 2 weeks ago
Jaguar Land Rover chief wants alliances, not a merger

LOS ANGELES (Reuters) - Luxury automaker Jaguar Land Rover's chief executive told Reuters he is open to more alliances to lower the costs of...

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WRAPUP 1-U.S. retail sales rebound, but big-ticket purchases drop
News 3 weeks ago
WRAPUP 1-U.S. retail sales rebound, but big-ticket purchases drop

WASHINGTON (Reuters) - U. S. retail sales rebounded in October, but consumers cut back on purchases of big-ticket household items and clothing,...

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WRAPUP 3-U.S. retail sales rise modestly; factory output tumbles
News 3 weeks ago
WRAPUP 3-U.S. retail sales rise modestly; factory output tumbles

WASHINGTON (Reuters) - U. S. retail sales rebounded moderately in October although consumers did cut back on purchases of big-ticket household...

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WRAPUP 2-U.S. retail sales rebound; manufacturing output tumbles
News 3 weeks ago
WRAPUP 2-U.S. retail sales rebound; manufacturing output tumbles

WASHINGTON (Reuters) - U. S. retail sales rebounded in October, but consumers cut back on purchases of big-ticket household items and clothing,...

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Facebook signs lease for office space in Hudson Yards
News 3 weeks ago
Facebook signs lease for office space in Hudson Yards

Nov 14 (Reuters) - Facebook Inc signed a lease for over 1.5 million square feet of office space across 30 floors and three buildings in New York...

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UPDATE 1-Facebook signs lease for office space in Hudson Yards
News 3 weeks ago
UPDATE 1-Facebook signs lease for office space in Hudson Yards

Hudson Yards is a $25 billion complex of commercial and residential skyscrapers built on Manhattan's far west side above the rail yards. "We're...

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Burberry aims to woo more customers in China with Tencent tie-up
News 3 weeks ago
Burberry aims to woo more customers in China with Tencent tie-up

Burberry said it will open a so-called "social retail" store in Shenzhen in China's technology hub powered by Tencent technology in the first half...

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Amazon's bid to acquire stake in Indian retailer faces antitrust hurdle: sources
News 1 month ago
Amazon's bid to acquire stake in Indian retailer faces antitrust hurdle: sources

NEW DELHI (Reuters) - India's antitrust body has sought more information from Amazon.com Inc (AMZN. O) about its planned acquisition of a stake in...

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Barneys' Madison Avenue store to remain open for at least a year
News 1 month ago
Barneys' Madison Avenue store to remain open for at least a year

A bankruptcy judge approved the sale of Barneys brands and other intellectual property to Authentic Brands, a firm that acquires and licenses...

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Brazilian commercial real state co Cyrela Commercial Properties raises $190 mln
News 1 month ago
Brazilian commercial real state co Cyrela Commercial Properties raises $190 mln

SAO PAULO, Oct 28 (Reuters) - Brazilian commercial real state company Cyrela Commercial Properties raised 760 million reais ($190.4 million) in a...

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REFILE-UPDATE 1-EQT starts preparations for sale of facilities manager Apleona - sources
News 1 month ago
REFILE-UPDATE 1-EQT starts preparations for sale of facilities manager Apleona - sources

FRANKFURT (Reuters) - Buyout group EQT (EQTAB. ST) is starting preparations for the sale of facilities manager Apleona, a former unit of industrial...

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Walmart offers holiday deals early to avoid shorter holiday season
News 1 month ago
Walmart offers holiday deals early to avoid shorter holiday season

WASHINGTON (Reuters) - Walmart Inc (WMT. N) will offer online holiday deals a few days earlier this year in order to minimize the impact from a...

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Brazil's Log Commercial Properties raises $156 million in follow-on share offer
News 1 month ago
Brazil's Log Commercial Properties raises $156 million in follow-on share offer

SAO PAULO, Oct 23 (Reuters) - Brazilian real estate company Log Commercial Properties priced a follow-on share offering at 22.50 reais apiece,...

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UPDATE 2-Two Australian IPOs cancelled in 'challenging' market
News 1 month ago
UPDATE 2-Two Australian IPOs cancelled in 'challenging' market

SYDNEY, Oct 23 (Reuters) - Online realty company PropertyGuru on Wednesday cancelled its initial public offering (IPO) in Australia because of...

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UPDATE 3-Saks Fifth Avenue owner Hudson's Bay in $1.5 bln deal to go private
News 1 month ago
UPDATE 3-Saks Fifth Avenue owner Hudson's Bay in $1.5 bln deal to go private

The deal comes seven years after Baker took Hudson's Bay public and values the company at just a third of its 2015 worth, reflecting the challenges...

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Brazil's BR Properties buys piece of Sao Paulo tower for $86 mln
News 1 month ago
Brazil's BR Properties buys piece of Sao Paulo tower for $86 mln

RIO DE JANEIRO, Oct 16 (Reuters) - Brazilian real estate firm BR Properties SA has purchased half of an office tower in downtown Sao Paulo for 311...

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WRAPUP 1-Weak U.S. retail sales cast gloom over economy
News 1 month ago
WRAPUP 1-Weak U.S. retail sales cast gloom over economy

WASHINGTON (Reuters) - U. S. retail sales fell for the first time in seven months in September, suggesting that manufacturing-led weakness could be...

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WRAPUP 3-Weak U.S. retail sales cast pall over slowing economy
News 1 month ago
WRAPUP 3-Weak U.S. retail sales cast pall over slowing economy

WASHINGTON (Reuters) - U. S. retail sales fell for the first time in seven months in September, suggesting that manufacturing-led weakness could be...

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WRAPUP 4-Weak U.S. retail sales cast shadow over slowing economy
News 1 month ago
WRAPUP 4-Weak U.S. retail sales cast shadow over slowing economy

WASHINGTON (Reuters) - U. S. retail sales fell for the first time in seven months in September, suggesting that manufacturing-led weakness could be...

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Blackstone REIT to buy Bellagio from MGM Resorts for $4.25 bln
News 1 month ago
Blackstone REIT to buy Bellagio from MGM Resorts for $4.25 bln

Oct 15 (Reuters) - Blackstone Real Estate Income Trust will acquire the real estate assets of the Bellagio casino from MGM Resorts International...

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BR Properties scoops up Sao Paulo towers for $186 mln
News 1 month ago
BR Properties scoops up Sao Paulo towers for $186 mln

RIO DE JANEIRO, Oct 14 (Reuters) - Brazil's BR Properties SA has agreed to buy part of a large mixed-use development in Sao Paulo for 766 million...

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