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KSA investors hit as realty slumps in Lebanon

Riyadh / Emirates Business The real estate market in Lebanon is among the sectors that have been adversely affected by the political crisis between that country and the Kingdom, and Saudi investors are among those feeling the heat. The losses due to the slowdown in the Lebanese real estate sector, especially due to the travel alert issued by Gulf Cooperation ...

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Wanna gamble on property market for megarich? Consider Marnier

Bloomberg Buying one share of Grand Marnier Group will get you 8,050 euros in cash when the company is acquired by Davide Campari Campari-Milano SpA — and a chance to roll the dice on what may be one of the biggest residential real estate deals of all time. Shares of Grand Marnier resumed trading after the French company agreed to ...

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Zalando aims for $11bn in sales by seeking tech edge

Bloomberg Zalando SE, Europe’s biggest online fashion retailer, is making investments to set its service apart from competitors, including a potential tie-up with smartphone car service Uber Technologies Inc. The German e-commerce player is trying to gain market share and boost profitability by building new systems that can make it easier for brands such as Adidas AG or Nike Inc. ...

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