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Real estate investment trusts (REITs) are increasingly getting on investors’ radars due to a scramble for yield in the current low interest rate environment.
NEW YORK: The U.S. Department of Justice is investigating whether big technology companies are engaged in anticompetitive behaviour, addressing a rising tide of criticism they have become too powerful to the detriment of consumers
HOUSTON: Blackstone Group is considering selling its stake in Cheniere Energy Partners LP, according to sources, seven years after agreeing to invest about US$1.5bil in the owner of the first major liquefied natural gas export terminal in the United States.
LONDON: Tourists flock to London’s Shoreditch to admire the street art that coats the trendy neighborhood in a riot of colour. What they may not expect to find alongside works by Banksy or Mr Cenz are the spray-painted logos of Swatch and Christian Louboutin.
PARIS: Hermes said sales in continental China, where it recently revamped its e-commerce site, were particularly strong in the first half of 2019. It has just rebooted its online shopping site in Japan and will extend the overhaul to Singapore and Malaysia this year.