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Retailers may increase inhouse security

  NEW YORK / AP Attacks such as the one in a Munich shopping mall and at a nearby McDonald’s on Friday may lead mall owners to increase their security or even persuade global brands to focus expansion plans on the US rather than Europe. Retail industry experts also said that at this point big iconic brands don’t appear to ...

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Lufthansa cuts 2016 profit target due to terror attacks

  Berlin / AFP Terror attacks in Europe and “political and economic uncertainty” have prompted German airline Lufthansa to cut its full-year profit target, the company has announced. “Due to increasing political and economic uncertainties the Executive Board reduces forecast” for earnings before interest and tax 2016 (EBIT) to “below previous year”, the airline said in a recent statement. In ...

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US homes sales improved in June, best since 2007

  AP Americans bought more homes in June, the fourth straight monthly gain as the sales rate reached its highest level in more than nine years. The National Association of Realtors said that sales of existing homes rose 1.1 percent last month to a seasonally adjusted annual rate of 5.57 million, the best performance since February 2007. Buyers are quickly ...

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