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Qatar's sovereign fund joins Crown Acquisitions to buy NY properties
News 5 days 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 5 days 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 5 days 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 6 days 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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UPDATE 1-Sears sues Lampert, claiming he looted assets and drove it into bankruptcy
News 6 days 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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WRAPUP 3-U.S. retail sales, labor market data paint upbeat economic picture
News 6 days 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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May the shopping be with you: French supermarket tests robot delivery
News 6 days 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 week 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 week 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 week 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 week 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 week 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 2 weeks 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 2 weeks 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 2 weeks 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 3 weeks 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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Zara founder's real estate arm buys Amazon offices in Seattle
News 3 weeks ago
Zara founder's real estate arm buys Amazon offices in Seattle

MADRID (Reuters) - Pontegadea Inmobiliaria, the real estate arm of the founder of fashion group Inditex, Amancio Ortega, this week completed the...

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UPDATE 1-Top U.S. court rebuffs challenge to Nike over Michael Jordan photo
News 1 month ago
UPDATE 1-Top U.S. court rebuffs challenge to Nike over Michael Jordan photo

WASHINGTON (Reuters) - The U. S. Supreme Court on Monday declined to consider reviving a copyright case in which Nike Inc was accused of...

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UPDATE 1-African Development Bank, GE reach settlement on Alstom misconduct
News 1 month ago
UPDATE 1-African Development Bank, GE reach settlement on Alstom misconduct

The agreement bars GE Power units in Egypt and Germany from bidding for up to 76 months, the bank said. The units, former parts of Alstom that GE...

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India's Embassy Office Parks REIT $690 million IPO subscribed over two times
News 1 month ago
India's Embassy Office Parks REIT $690 million IPO subscribed over two times

Blackstone-backed Embassy Office Parks REIT's 47.50 billion rupee ($689.85 million) initial public offering, the first by a real estate investment...

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UPDATE 3-Online fashion retailer ASOS hits U.S. warehouse snag
News 1 month ago
UPDATE 3-Online fashion retailer ASOS hits U.S. warehouse snag

ASOS's new U.S warehouse struggled to cope with demand in its latest quarter, hitting sales there and adding to challenges in France and Germany,...

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UPDATE 1-Online retailer ASOS hit by teething problems at U.S. warehouse
News 1 month ago
UPDATE 1-Online retailer ASOS hit by teething problems at U.S. warehouse

British online retailer ASOS said its new warehouse in Atlanta, United States, struggled to cope with demand in its second quarter, resulting in a...

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Amazon's second headquarters faces new blocks in Virginia funding vote
News 1 month ago
Amazon's second headquarters faces new blocks in Virginia funding vote

WASHINGTON (Reuters) - Amazon.com Inc's plan to set up a second headquarters in northern Virginia, after being rebuffed in New York, will face its...

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UPDATE 1-Amazon's 2nd headquarters clears blocks in Virginia funding vote
News 1 month ago
UPDATE 1-Amazon's 2nd headquarters clears blocks in Virginia funding vote

WASHINGTON (Reuters) - Amazon.com Inc's planned second headquarters in northern Virginia cleared a key test on Saturday when local officials...

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Mexican same-store retail sales rise 3.3 pct in February - ANTAD
News 1 month ago
Mexican same-store retail sales rise 3.3 pct in February - ANTAD

MEXICO CITY, March 12 (Reuters) - Mexican retailers' association ANTAD said on Tuesday that same-store sales climbed 3.3 percent in February...

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FEATURE-Green paradise or data-stealing dystopia? Toronto smart city sparks debate
News 1 month ago
FEATURE-Green paradise or data-stealing dystopia? Toronto smart city sparks debate

TORONTO (Thomson Reuters Foundation) - A planned smart city in central Toronto could lead to a six-fold drop in greenhouse gas emissions by pooling...

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UPDATE 2-Jet Airways planes to be redeployed if no restructure agreed this month - lessor
News 1 month ago
UPDATE 2-Jet Airways planes to be redeployed if no restructure agreed this month - lessor

* Jet Airways says 28 planes grounded for non-payment of dues SINGAPORE, March 8 (Reuters) - FLY Leasing Ltd has grounded three planes on lease to...

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UPDATE 3-Abercrombie expects redesigned stores to boost 2019 sales, shares surge
News 1 month ago
UPDATE 3-Abercrombie expects redesigned stores to boost 2019 sales, shares surge

(This March 6 story, corrects paragraph 2 to say company will be closing up to 40 stores, not 40 stores; also drops reference to on-trend clothing...

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UPDATE 2-Amazon to close all U.S. pop-up stores
News 1 month ago
UPDATE 2-Amazon to close all U.S. pop-up stores

Amazon to close all U. S. pop-up stores The company's shares closed down 1.4 percent at $1,668.95. Amazon's all 87 pop-up stores in the United...

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WRAPUP 1-U.S. new home sales hit 7-month high; services sector rebounds
News 1 month ago
WRAPUP 1-U.S. new home sales hit 7-month high; services sector rebounds

WASHINGTON (Reuters) - Sales of new U. S. single-family homes rose to a seven-month high in December, but November's outsized jump was revised...

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