Bloomberg Beijing Homelink Real Estate Brokerage Co. is raising about $1 billion to expand its reach across China, according to people familiar with the matter. The company, which focuses on rental and second-hand real estate transactions, has attracted funding from Chinese Internet giants including Tencent Holdings Ltd. and Baidu Inc., said the people, who requested not to be named because …

Bloomberg Home buyers in hot housing markets from San Francisco to Brooklyn have grown accustomed to bidding wars, waived home inspections, and rapid-fire offers. If you’re house-hunting in Omaha, Neb., Grand Rapids, Mich., or Indianapolis, you might want to brace yourself for similar tactics. Those cities and several others saw sharp declines in the number of homes for sale over …

RITIKA SHARMA / EMIRATES BUSINESS Dip in oil prices may have affected most of the global industries in the Gulf Cooperation Council (GCC) region, in one or the other way, but it has made little difference to the UAE’s luxury shopping sector. However the slowdown has rephrased the way customers spend. In a recently-held GCC-centric survey, it has been found that, …