Bloomberg Lenders are getting stingier when it comes to funding risky U.S. real estate developments, putting pressure on landlords in need of fresh funding to keep their projects afloat. Banks are proceeding with caution as the specter of slowing economic growth rattles financial markets and shakes investor confidence in a six-year recovery that’s helped lift property values to records. Lenders ...

Bloomberg Qatar Airways remains on the hunt for a stake in discount carrier IndiGo to add to its portfolio of holdings after failing to buy shares of India’s largest airline at the time of last year’s initial public offering. “I cannot force the owners to sell a stake to me,” Chief Executive Officer Akbar Al Baker said. “But if they ...

BASEL / AFP The world’s biggest watch fair opened in the Swiss city of Basel on Thursday as a slumping luxury market and the soaring popularity of connected timepieces cast gloom over the industry. Baselworld is the highlight of the year for watch and jewellery makers, with retailers flooding in to snap up the latest eye-candy for their showcases. The ...