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Emaar Malls bids for Souq.com to challenge Amazon

  Bloomberg Emaar Malls PJSC, the shopping-center unit of Dubai’s largest publicly-traded property developer, bid for online retailer Souq.com in a challenge to an offer made by Amazon.com Inc., according to people familiar with the matter. The retail division of Emaar Properties PJSC, run by Mohamed Alabbar, offered about $800 million for Souq.com last week, which includes a convertible deposit ...

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Portuguese retailer expands abroad without breaking the bank

  Bloomberg Sonae SGPS SA, Portugal’s biggest hypermarket and supermarket chain, wants to show that a retailer from a modestly sized market can expand overseas without deploying shopping carts full of cash. The company this month expanded its presence across the Iberian peninsula by combining its sports retail arm with the regional unit of JD Sports Fashion Plc of the ...

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Malaysia Air CEO mulls deals for 42 jets

  Bloomberg Malaysia Airlines Bhd. plans to seal deals for as many as 42 wide-body jets over the next few months as the unprofitable carrier seeks to rebuild its long-haul network following a surge in demand. Terms should be agreed in the next six to eight weeks for the lease of up to a dozen used Airbus Group SE A330 ...

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