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UPDATE 1-Commercial property group Garbe plans Frankfurt listing -sources
News 21 hours ago
UPDATE 1-Commercial property group Garbe plans Frankfurt listing -sources

FRANKFURT (Reuters) - German logistics property group Garbe Industrial Real Estate is preparing for a Frankfurt stock market flotation in the...

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MIDEAST STOCKS-Financials, property elevate Dubai, most of Gulf up
News 21 hours ago
MIDEAST STOCKS-Financials, property elevate Dubai, most of Gulf up

Dubai's stock market rose sharply on Wednesday, buoyed by financial and real estate shares, to lead gains in most major Gulf bourses. Dubai's index...

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UPDATE 1-German property developer Isaria prepares for sale or IPO -sources
News 21 hours ago
UPDATE 1-German property developer Isaria prepares for sale or IPO -sources

FRANKFURT (Reuters) - Buyout group Lone Star is preparing German residential property developer Isaria for a potential sale or stock market listing...

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UPDATE 2-China's MMG says Las Bambas copper operations not disrupted, talks ongoing
News 1 day ago
UPDATE 2-China's MMG says Las Bambas copper operations not disrupted, talks ongoing

LIMA (Reuters) - Chinese miner MMG Ltd's operations at its Las Bambas mine, one of Peru's largest copper producers, have not been disrupted and...

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UPDATE 3-Nordstrom cuts 2019 forecast after quarterly results miss big
News 1 day ago
UPDATE 3-Nordstrom cuts 2019 forecast after quarterly results miss big

Shares of the department store operator tanked more than 9% in post-market trading. The Seattle-based retailer, which sells everything from apparel...

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Wall St Week Ahead-Tariffs could lead to markdowns in retail shares
News 3 days ago
Wall St Week Ahead-Tariffs could lead to markdowns in retail shares

NEW YORK, May 17 (Reuters) - U. S. retailer stocks have moved from buoyant to bruised this year and the intensification of the U.S.-China trade war...

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Wall Street Weekahead: Tariffs could lead to markdowns in retail shares
News 5 days ago
Wall Street Weekahead: Tariffs could lead to markdowns in retail shares

NEW YORK (Reuters) - U. S. retailer stocks have moved from buoyant to bruised this year and the intensification of the U.S.-China trade war makes...

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UPDATE 2-WeWork starts $2.9 bln property platform with Canada's CDPQ
News 1 week ago
UPDATE 2-WeWork starts $2.9 bln property platform with Canada's CDPQ

NEW YORK (Reuters) - The We Company, parent of workspace provider WeWork, said on Wednesday it has created a $2.9 billion real estate investment...

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Cineworld to sell, lease back 17 U.S.-based cinemas
News 1 week ago
Cineworld to sell, lease back 17 U.S.-based cinemas

May 15 (Reuters) - British cinema operator Cineworld Group Plc said on Wednesday it has signed a deal for the sale and lease back of 17 multi...

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Amazon partners UK's Next for click & collect service
News 1 week ago
Amazon partners UK's Next for click & collect service

LONDON (Reuters) - Amazon has teamed-up with British clothing chain Next to offer a network of stores where the U. S. online retail giant's UK...

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CORRECTED-WeWork's starry valuation dazzles landlords, reaffirms doubters
News 1 week ago
CORRECTED-WeWork's starry valuation dazzles landlords, reaffirms doubters

NEW YORK, May 10 (Reuters) - WeWork's $47 billion valuation as it heads toward what may be the year's largest initial public offering after ride...

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WeWork's starry valuation dazzles landlords, reaffirms doubters
News 1 week ago
WeWork's starry valuation dazzles landlords, reaffirms doubters

NEW YORK (Reuters) - WeWork's $47 billion valuation as it heads toward what may be the year's largest initial public offering after ride-hailing...

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Sticker shock from Trump's new trade tariffs months away
News 1 week ago
Sticker shock from Trump's new trade tariffs months away

The impact will not end there. Trump's plan to lift tariffs on $200 billion of Chinese imports to 25 percent from 10 percent is almost certain to...

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Exxon Mobil sues Cuba over property expropriated in 1960
News 2 weeks ago
Exxon Mobil sues Cuba over property expropriated in 1960

HAVANA (Reuters) - Exxon Mobil Corp on Friday sued Cuban state-owned Cuba-Petroleo and the CIMEX corporation in U. S. federal court over a refinery...

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Qatar's sovereign fund joins Crown Acquisitions to buy NY properties
News 1 month ago
Qatar's sovereign fund joins Crown Acquisitions to buy NY properties

DUBAI, April 19 (Reuters) - Qatar Investment Authority (QIA) and private realty firm Crown Acquisitions have jointly bought a significant stake in...

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UPDATE 1-Qatar's sovereign fund joins Crown Acquisitions to buy NY properties
News 1 month ago
UPDATE 1-Qatar's sovereign fund joins Crown Acquisitions to buy NY properties

DUBAI (Reuters) - Qatar Investment Authority (QIA) and private realty firm Crown Acquisitions have jointly bought a significant stake in a...

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UPDATE 2-Qatar's sovereign fund, Crown Acquisitions named as investors in $5.6 bln New York deal
News 1 month ago
UPDATE 2-Qatar's sovereign fund, Crown Acquisitions named as investors in $5.6 bln New York deal

NEW YORK/DUBAI (Reuters) - Qatar Investment Authority (QIA) and private realty firm Crown Acquisitions said on Friday they were the unnamed...

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U.S. pilot program allows online grocery shopping with food stamps
News 1 month ago
U.S. pilot program allows online grocery shopping with food stamps

WASHINGTON (Reuters) - The U. S. Department of Agriculture on Thursday said it has launched a pilot program in New York that allows consumers...

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WRAPUP 3-U.S. retail sales, labor market data paint upbeat economic picture
News 1 month ago
WRAPUP 3-U.S. retail sales, labor market data paint upbeat economic picture

WASHINGTON (Reuters) - U. S. retail sales increased by the most in 1-1/2 years in March as households boosted purchases of motor vehicles and a...

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UPDATE 1-Sears sues Lampert, claiming he looted assets and drove it into bankruptcy
News 1 month ago
UPDATE 1-Sears sues Lampert, claiming he looted assets and drove it into bankruptcy

NEW YORK (Reuters) - Sears Holdings Corp sued longtime former Chairman Eddie Lampert, his hedge fund ESL Investments and others like Treasury...

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May the shopping be with you: French supermarket tests robot delivery
News 1 month ago
May the shopping be with you: French supermarket tests robot delivery

PARIS (Reuters) - Four decades after R2-D2 delivered a vital message from Princess Leia in the hit movie "Star Wars", a French supermarket group...

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EXPLAINER-Trump allows lawsuits over Cuba confiscated property: What you need to know
News 1 month ago
EXPLAINER-Trump allows lawsuits over Cuba confiscated property: What you need to know

HAVANA, April 17 (Reuters) - The Trump administration announced on Wednesday it was allowing U. S. citizens to file lawsuits against both Cuban...

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GE to pay $1.5 bln penalty related to subprime mortgages
News 1 month ago
GE to pay $1.5 bln penalty related to subprime mortgages

April 12 (Reuters) - General Electric Co will pay a $1.5 billion civil penalty to resolve claims related to subprime residential mortgage loans...

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UPDATE 2-GE to pay $1.5 bln U.S. fine over crisis-era subprime mortgages
News 1 month ago
UPDATE 2-GE to pay $1.5 bln U.S. fine over crisis-era subprime mortgages

GE to pay $1.5 billion U. S. fine over crisis-era subprime mortgages The U.S. Department of Justice on Friday said the accord resolves claims that...

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Tesla begins offering leases for Model 3
News 1 month ago
Tesla begins offering leases for Model 3

April 11 (Reuters) - Tesla Inc on Thursday started leasing out its Model 3 sedan in the United States, in a financing option that would increase...

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Discount retailer Fred's to close nearly 30 percent of stores
News 1 month ago
Discount retailer Fred's to close nearly 30 percent of stores

Fred's said it had retained financial adviser PJ Solomon to evaluate other options for its business, which has been making losses since 2015....

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FOCUS-Selling with the enemy: Why rival retailers embrace Amazon.com
News 1 month ago
FOCUS-Selling with the enemy: Why rival retailers embrace Amazon.com

MADRID/NEW YORK (Reuters) - Chico's FAS Inc warned in January that it would shutter at least 250 stores across its namesake brand, along with its...

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End of blockade of Peru's Las Bambas mine hinges on community approval: community president
News 1 month ago
End of blockade of Peru's Las Bambas mine hinges on community approval: community president

LIMA (Reuters) - The indigenous community of Fuerabamba in Peru will end its 2-month road blockade of the Las Bambas copper mine only if a deal...

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OUE Commercial REIT and OUE Hospitality Trust in talks to merge: Wall Street Journal
News 1 month ago
OUE Commercial REIT and OUE Hospitality Trust in talks to merge: Wall Street Journal

OUE Commercial will offer to buy OUE Hospitality to create a single entity that will remain listed on the Singapore stock exchange and hold assets...

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U.S. judge scraps Trump order opening Arctic, Atlantic areas to oil leasing
News 1 month ago
U.S. judge scraps Trump order opening Arctic, Atlantic areas to oil leasing

ANCHORAGE, Alaska (Reuters) - A federal judge in Alaska has overturned U. S. President Donald Trump's attempt to open vast areas of the Arctic and...

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