Wall Street ekes out gains on upbeat Walmart results

Wall Street ekes out gains on upbeat Walmart results
NEW YORK (Reuters) – U.S. stocks gained modestly on Tuesday as upbeat results from Walmart boosted investor sentiment and high-level U.S.-China trade talks resumed. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 19, 2019. REUTERS/Brendan McDermid All three major U.S. equity indexes edged higher, with the Nasdaq on course for its... Read More

Qatar’s real estate market faces reality check ahead of World Cup

Qatar’s real estate market faces reality check ahead of World Cup
DOHA/DUBAI (Reuters) – Qatar’s Doha Tower, a spike-tipped cylinder that glows orange at night, won an award when finished in 2012 amid a Gulf-wide real estate boom, but today about half of its 46 floors are empty. Towers under construction are seen in Doha, Qatar February 5, 2019. Picture taken February 5, 2019. REUTERS/Stringer The office tower, now a familiar... Read More

Exclusive: Alibaba in talks on stake in China operations of Germany’s Metro – sources

Exclusive: Alibaba in talks on stake in China operations of Germany’s Metro – sources
FILE PHOTO: German retailer Metro AG sign is seen on the steps of their headquarters in Duesseldorf, Germany March 02, 2018. REUTERS/Thilo Schmuelgen/File Photo HONG KONG/DUESSELDORF (Reuters) – Chinese E-commerce giant Alibaba Group Holding Ltd is in talks with Germany’s Metro about taking a stake in the German retailer’s China operations, three sources told Reuters on Thursday. Metro and Alibaba... Read More

Union Investment to buy 16,000 German apartments from Chinese firm: sources

Union Investment to buy 16,000 German apartments from Chinese firm: sources
FRANKFURT (Reuters) – German fund manager Union Investment is nearing a deal to buy about 16,000 German flats for roughly 2 billion euros ($2.3 billion) from a Chinese investor, people close to the matter told Reuters. BGP and Union Investment confirmed the deal but declined to give financial details. The deal would be the first in Germany’s buoyant property market... Read More

Union Investment to buy 16,000 German apartments from Chinese investor: sources

Union Investment to buy 16,000 German apartments from Chinese investor: sources
FRANKFURT (Reuters) – German fund manager Union Investment is nearing a deal to buy about 16,000 German flats from BGP, a Chinese investor, in a roughly 2 billion euro ($2.26 billion) deal, people close to the matter told Reuters. Union Investment is planning to merge the targeted real estate firm BGP Group with its own property platform and eventually transfer... Read More

Wall Street advances on trade hopes, deal to avert government shutdown

Wall Street advances on trade hopes, deal to avert government shutdown
NEW YORK (Reuters) – Wall Street rallied on Tuesday as investors were heartened by a tentative congressional spending deal to avoid another partial federal government shutdown and by optimism surrounding U.S.-China trade negotiations. A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 8, 2019. REUTERS/Brendan McDermid All three major U.S. stock... Read More

Wall Street rises on trade hopes, deal to avoid government shutdown

Wall Street rises on trade hopes, deal to avoid government shutdown
NEW YORK (Reuters) – Wall Street rallied on Tuesday as investors were heartened by a tentative congressional spending deal to avoid another government shutdown and by positive developments in the U.S.-China trade negotiations. A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 8, 2019. REUTERS/Brendan McDermid All three major U.S. stock... Read More

Wall Street rallies on trade optimism, hopes of avoiding government shutdown

Wall Street rallies on trade optimism, hopes of avoiding government shutdown
(Reuters) – Wall Street’s main indexes extended gains on Tuesday, in a broad-based rally after American lawmakers reached a tentative deal to avoid another partial government shutdown and on hopes of an agreement during the ongoing U.S.-China trade talks. A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 8, 2019. REUTERS/Brendan... Read More

U.S. job openings hit record high; workers more scarce

U.S. job openings hit record high; workers more scarce
WASHINGTON (Reuters) – U.S. job openings surged to a record high in December, led by vacancies in the construction and accommodation and food services sectors, strengthening analysts’ views that the economy was running out of workers. Corporate recruiters (R) gesture and shake hands as they talk with job seekers at a Hire Our Heroes job fair targeting unemployed military veterans... Read More