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CORRECTED-Anglo American agrees to earlier community payout in Peru after protests
News 14 hours ago
CORRECTED-Anglo American agrees to earlier community payout in Peru after protests

LIMA (Reuters) - Anglo American PLC will spend some $30 million on community projects near its Quellaveco copper project in Peru three years...

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Resale clothing company thredUP gets $175 million in funding
News 16 hours ago
Resale clothing company thredUP gets $175 million in funding

NEW YORK (Reuters) - Online resale store thredUP said on Wednesday it received $175 million in funding which it will use to expand its platform to...

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UPDATE 3-Walmart sues Tesla for negligence after repeated solar system fires
News 1 day ago
UPDATE 3-Walmart sues Tesla for negligence after repeated solar system fires

Solar energy systems installed and maintained by the electric car maker were responsible for fires at seven locations, with dozens showing...

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UPDATE 4-SoftBank's Fortress emerges as white knight for hotel chain Unizo with $1.3 bln bid
News 5 days ago
UPDATE 4-SoftBank's Fortress emerges as white knight for hotel chain Unizo with $1.3 bln bid

TOKYO (Reuters) - Japanese hotel chain Unizo Holdings (3258. T) said it received a friendly buyout offer worth up to $1.3 billion from a SoftBank...

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WRAPUP 1-Surge in U.S. retail sales underscores economy's resilience
News 6 days ago
WRAPUP 1-Surge in U.S. retail sales underscores economy's resilience

WASHINGTON (Reuters) - U. S. retail sales surged in July as consumers bought a range of goods even as they cut back on motor vehicle purchases,...

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WRAPUP 3-Strong U.S. retail sales ease gloom over economy
News 6 days ago
WRAPUP 3-Strong U.S. retail sales ease gloom over economy

WASHINGTON (Reuters) - U. S. retail sales surged in July as consumers bought a range of goods even as they cut back on motor vehicle purchases,...

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UPDATE 3-WeWork preps for IPO with growing revenues and widening losses
News 1 week ago
UPDATE 3-WeWork preps for IPO with growing revenues and widening losses

The filing with the U. S. Securities and Exchange Commission underscores We Company's rapid growth but also the billions of dollars it is investing...

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Amazon in talks to buy up to 10% stake in India's Future Retail - Bloomberg
News 1 week ago
Amazon in talks to buy up to 10% stake in India's Future Retail - Bloomberg

The move comes as Amazon is looking to expand its reach in the Indian brick-and-mortar market, about a year after retailer Walmart Inc (WMT.N)...

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Wall St Week Ahead-Investors look for consumer pressure ahead of next tariffs
News 1 week ago
Wall St Week Ahead-Investors look for consumer pressure ahead of next tariffs

Investors and analysts are anxious about the impact of Trump's planned 10% tariff on the remaining $300 billion in Chinese imports, which will...

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UPDATE 2-Walmart tells staff to pull violent video game signage from stores
News 1 week ago
UPDATE 2-Walmart tells staff to pull violent video game signage from stores

The retailer said it has taken the action following the mass shootings in Texas and Ohio in the past week, which left 31 people dead. In an...

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U.S. scraps requirement for mortgage borrowers' language preference
News 1 week ago
U.S. scraps requirement for mortgage borrowers' language preference

WASHINGTON (Reuters) - The U. S. housing finance regulator said on Friday it had reversed a decision to require mortgage lenders to ask what...

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UPDATE 4-New York retail icon Barneys files for bankruptcy
News 2 weeks ago
UPDATE 4-New York retail icon Barneys files for bankruptcy

NEW YORK/PARIS (Reuters) - Barneys New York Inc filed for bankruptcy protection on Tuesday and put itself up for sale, pushed to the brink by...

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Blackstone may buy out Indiabulls Real Estate's commercial properties: ET
News 2 weeks ago
Blackstone may buy out Indiabulls Real Estate's commercial properties: ET

Blackstone Group is set to buy the remaining 50% stake in Indiabulls Real Estate's commercial properties for about 48 billion rupees ($688.8...

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Norway wealth fund and AXA sell French office property
News 2 weeks ago
Norway wealth fund and AXA sell French office property

OSLO, Aug 1 (Reuters) - Norway's sovereign wealth fund and its partner AXA France have sold a jointly owned office building outside Paris to...

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CORRECTED-UPDATE 2-Thai billionaire family plans to take Central Retail Corp public
News 3 weeks ago
CORRECTED-UPDATE 2-Thai billionaire family plans to take Central Retail Corp public

Top Thai retailer Central Group, owned by the billionaire Chirathivat family, said on Wednesday it would list its unit Central Retail Corp,...

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Green REIT narrows buyout field to one
News 3 weeks ago
Green REIT narrows buyout field to one

DUBLIN (Reuters) - Green REIT (GN1. I), the 1.3 billion euro-valued Irish real estate investment trust that put itself up for sale in April, said...

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UPDATE 2-Sberbank bets on digital and retail as corporate lending slows
News 3 weeks ago
UPDATE 2-Sberbank bets on digital and retail as corporate lending slows

* Bank to focus on digital products at home - CEO (Adds details, quotes, background) MOSCOW, July 31 (Reuters) - Sberbank has revised down its...

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UPDATE 2-Thai billionaire family plans to take Central Retail Corp public
News 3 weeks ago
UPDATE 2-Thai billionaire family plans to take Central Retail Corp public

* Central Group plans to file for listing by year-end BANGKOK, July 31 (Reuters) - Top Thai retailer Central Group, owned by the billionaire...

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UPDATE 1-Top Thai retailer Central Group plans IPO of department store unit
News 3 weeks ago
UPDATE 1-Top Thai retailer Central Group plans IPO of department store unit

Central Group, Thailand's largest mall operator, said on Wednesday it would list its Central Retail Corporation unit, which will combine retail...

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UPDATE 1-U.S. regulators to end mortgage lending exemption for Fannie, Freddie in 2021
News 3 weeks ago
UPDATE 1-U.S. regulators to end mortgage lending exemption for Fannie, Freddie in 2021

WASHINGTON (Reuters) - U. S. regulators said on Thursday they plan to end an exemption for Fannie Mae and Freddie Mac that permits them to back...

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J.C. Penney tie-up favourable for Sephora business - LVMH
News 4 weeks ago
J.C. Penney tie-up favourable for Sephora business - LVMH

PARIS (Reuters) - U. S. sales at beauty retailer Sephora picked up in the second quarter after a sluggish end to 2018, its parent LVMH (LVMH.PA)...

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MOVES-Britain's Sanne Group names new business development head for Mauritius, India
News 1 month ago
MOVES-Britain's Sanne Group names new business development head for Mauritius, India

July 22 (Reuters) - Britain's Sanne Group said on Monday it appointed Varounen Goinden as new director and head of business development for...

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Australian developer LendLease lands $15 billion project with Google; shares surge
News 1 month ago
Australian developer LendLease lands $15 billion project with Google; shares surge

The deal is a significant boon for LendLease, coming at a time when Australian developers navigate the domestic property market's worst downturn in...

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Fifth Wall raises $503 million from property owners seeking tech edge
News 1 month ago
Fifth Wall raises $503 million from property owners seeking tech edge

NEW YORK (Reuters) - Fifth Wall, a venture capital firm focused on real estate technology, raised $503 million from a group of 50 large U. S.,...

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WeWork to lease 21-storey prime office tower in Singapore
News 1 month ago
WeWork to lease 21-storey prime office tower in Singapore

SINGAPORE (Reuters) - Singaporean office landlord CapitaLand Commercial Trust (CCT) (CACT. SI) said on Wednesday it entered into an agreement under...

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UPDATE 1-U.S. property trust Vornado challenges Arcadia's restructuring plan
News 1 month ago
UPDATE 1-U.S. property trust Vornado challenges Arcadia's restructuring plan

Arcadia said the challenges to the CVAs, which were approved in June by the majority of creditors, were "without merit" and it would defend itself...

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WRAPUP 3-U.S. retail sales ease fears over economy; rate cut still seen
News 1 month ago
WRAPUP 3-U.S. retail sales ease fears over economy; rate cut still seen

WASHINGTON (Reuters) - U. S. retail sales increased more than expected in June, pointing to strong consumer spending, which could help to blunt...

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U.S. property trust Vornado challenges Arcadia's restructuring plan
News 1 month ago
U.S. property trust Vornado challenges Arcadia's restructuring plan

July 16 (Reuters) - Philip Green's fashion empire Arcadia Group on Tuesday said it received applications from legal entities of U. S.-based...

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Hot tech sector, Wall Street drive record Manhattan leasing
News 1 month ago
Hot tech sector, Wall Street drive record Manhattan leasing

NEW YORK (Reuters) - A boom on Wall Street and a thriving technology sector have pushed the unemployment rate in Manhattan to record lows and...

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REFILE-UPDATE 3-William Hill to shut 700 British betting shops after curbs
News 1 month ago
REFILE-UPDATE 3-William Hill to shut 700 British betting shops after curbs

Britain cut the maximum stake allowed to 2 pounds ($2.52) in April after complaints that the machines, which had previously let gamblers bet up to...

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