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16 Jul 2012
Starbucks Plans Fifth U.S. Roasting Factory by 2014

Starbucks Corp. (SBUX), the worlds largest coffee-shop operator, said it will open a new plant in Augusta, Georgia, creating more than 140 manufacturing jobs / Source: bloomberg

13 Jul 2012
Hong Kong, New York Most Expensive for Retailers as Rents Jump

Hong Kong and New York have the worlds costliest high streets for retailers as strong demand and a dearth of space in the most sought-after areas push rents higher, CBRE Group Inc. said / Source: bloomberg

13 Jul 2012
Nokia Plans to Close Two of Its Four China Sales Offices

Nokia Oyj (NOK1V) will close two of its four regional sales offices in China, as part of a restructuring plan the company announced last month to halt mounting losses from plunging smartphone sales / Source: bloomberg

12 Jul 2012
Carrefour Shares Surge as Management Reassures Investors

Carrefour SA shares rose the most in more than five months after the worlds second-largest retailer reported sales growth that topped analysts estimates and boosted investor confidence that it can meet full-year profit expectations / Source: bloomberg

12 Jul 2012
New York City May Allow Taller Towers Near Grand Central

Development of skyscrapers taller than the Chrysler Building may be allowed near Manhattans Grand Central Terminal under preliminary zoning plans presented by New Yorks Department of City Planning / Source: bloomberg

11 Jul 2012
M&S Plans Store in Londons Shard Skyscraper

Marks & Spencer Group Plc (MKS), the U.K.s largest clothing retailer, will open a store in London skyscraper the Shard, western Europes tallest building / Source: bloomberg

11 Jul 2012
RXR Said to Plan to Purchase 40-Story Tower in Manhattan

Scott Rechlers RXR Realty plans to buy 450 Lexington Ave., a 40-story midtown Manhattan office tower owned by Istithmar World PJSC, a person with knowledge of the negotiations said / Source: bloomberg

10 Jul 2012
M&S Clothing Chief Bostock to Step Down After Sales Slump

Marks & Spencer Group Plc, (MKS) the U.K.s largest clothing retailer, said general-merchandise chief Kate Bostock will step down as part of a management shake-up following the biggest decline in non-food revenue since 2008 / Source: bloomberg

10 Jul 2012
DiamondRock to Buy 4 Blackstone Hotels for $495 Million

DiamondRock Hospitality Co. (DRH), a U.S. real estate investment trust, said it agreed to buy four hotels from Blackstone Group LP (BX) for about $495 million in cash and stock, adding to its portfolio of 23 hotels / Source: bloomberg

09 Jul 2012
Campbell to Buy Bolthouse for $1.55 Billion to Add Juices

Campbell Soup Co. (CPB), worlds largest soupmaker, agreed to buy Bolthouse Farms for about $1.55 billion in cash to bolster its juice business / Source: bloomberg

06 Jul 2012
With Wal-Mart Locked Out, Indias Billionaires Rush In

Last December, Prime Minister Manmohan Singh pledged to open Indias retail industry to foreign giants such Wal-Mart Stores Inc. (WMT) and Carrefour SA. (CA) / Source: bloomberg

05 Jul 2012
China Slowdown Cuts Luxury Spending, Hong Kong Retailing

Chinas slowdown dragged Hong Kongs retail-sales growth to the weakest pace since 2009 as shoppers visiting from the mainland cut back on purchases of luxury goods such as jewelry and watches / Source: bloomberg

05 Jul 2012
Shard Skyscraper Adds Vacant Offices to London Market Stung by Recession

The Shards owners were so optimistic about rising rents in 2010 that they bought out Transport for Londons contract to rent about a third of the skyscraper. They have yet to find a new tenant for the 72-story towers offices / Source: bloomberg

04 Jul 2012
Echo Surges $700 Million With Casino Bid Seen: Real M&A

A potential bidding war between a Malaysian gaming magnate and an Australian billionaire is turning Echo Entertainment Group Ltd. (EGP) into the most expensive casino target since the financial crisis / Source: bloomberg

03 Jul 2012
Qatar Plans Harrods Hotels in Malaysia, New York, Paris

Qatar Holding LLC, the investment arm of the countrys sovereign-wealth fund, plans to open Harrods hotels in cities including London, New York and Paris to build the British luxury retailer it bought two years ago into a global brand / Source: bloomberg

03 Jul 2012
GE to Sell Lending Unit to EverBank for $2.51 Billion

General Electric Co. (GE) agreed to sell a commercial property lender to EverBank Financial Corp. (EVER) for $2.51 billion in cash as Chief Executive Officer Jeffrey Immelt shrinks real estate operations / Source: bloomberg

02 Jul 2012
Apple Pays $60 Million to End China IPad Fight With Proview

Apple Inc. (AAPL), the worlds most valuable company, paid $60 million to settle a two-year-old legal dispute with Proview International Holdings Ltd. (334) regarding the iPad trademark in China / Source: bloomberg

02 Jul 2012
Segro to Purchase French Logistics Properties for $203 Million

Segro Plc (SGRO), Europes largest publicly traded industrial property specialist by value, agreed to buy 13 logistics buildings near Paris and Lyon for 160.8 million euros ($203 million) to bolster its position in France / Source: bloomberg

29 Jun 2012
San Miguels Cojuangco Sells 14.7% Stake for $879 Million to President Ang

San Miguel Corp. Chairman Eduardo Cojuangco sold a 14.7 percent stake in the Philippines largest company at a discount to President Ramon Ang and its majority shareholder, raising 37 billion pesos ($879 million) / Source: bloomberg

29 Jun 2012
Nike Sinks as Quarterly Profit Has First Drop Since 2009 Amid Higher Costs Q

Nike Inc. (NKE), the worlds largest sporting-goods company, tumbled after fourth-quarter profit unexpectedly declined for the first time since 2009 as marketing and labor costs increased / Source: bloomberg


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