REUTERS Commercial real estate manager NorthStar Asset Management Group Inc , REIT NorthStar Realty Finance Corp and private equity firm Colony Capital Inc have agreed to an all-stock merger that would create a company with $58 billion of assets under management, they said onMonday. NorthStar Realty Finance shares fell 5.8 percent to $12.70, while NorthStar Asset Management dropped 6.5 ...

  Bloomberg On his way to work, Lisbon Mayor Fernando Medina likes to count the dwindling number of empty buildings. Thanks to a tourism and real estate boom, many are being converted into trendy apartments that cater to the growing number of visitors to the city. As some European cities impose restrictions on short-term rentals via websites such as Airbnb ...

  Switzerland / Bloomberg Nestle SA is banking on e-commerce sales to revive its struggling Chinese business, as the Swiss food company grapples with slowing growth and new shopping trends in the world’s largest consumer market. The maker of KitKat chocolates and Yinlu peanut milk began selling on Alibaba Group Holding Ltd.’s Tmall.com portal 67 brands it has never offered ...