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Saudi shopping mall operator launches kingdom"s biggest IPO in five years

Arabian Centres Company is selling a 20 percent stake on the Saudi stock exchange, Tadawul......»»

Category: topSource: moneycentralApr 16th, 2019

US consumer spending fell sharp 0.5 percent in December

U.S. consumer spending tumbled 0.5 percent in December, the biggest decline in nine years, as the holiday shopping season ended in disappointment. .....»»

Category: topSource: moneycentralMar 1st, 2019

Saudi Aramco in talks on further Indian investments

Saudi Aramco, the world's top oil exporter, is in talks on possible investments in Indian projects involving companies including Reliance Industries, operator of the world's biggest refining complex, its chief executive said on Wednesday......»»

Category: topSource: reutersFeb 20th, 2019

Country’s Biggest Mall Owner Warns Retail Apocalypse May Not Be Over

Simon Property Group looks at alternative ways to fill shopping centers. While 2018 saw a large number of retailers filing bankruptcy and.....»»

Category: europeSource: fortuneFeb 1st, 2019

Santa Clara University launches its biggest fundraising campaign, targets $1B goal

The fundraising effort — officially called the Campaign for Santa Clara University: Innovating with a Mission — has been operating in stealth mode for more than for four years and has so far raised more than $570 million......»»

Category: topSource: bizjournalsJan 20th, 2019

OPEC oil output posts biggest drop since 2017 on Saudi move

OPEC oil supply fell in December by the largest amount in almost two years, a Reuters survey found, as top exporter Saudi Arabia made an early start to a supply-limiting accord while Iran and Libya posted involuntary declines......»»

Category: topSource: reutersJan 3rd, 2019

US mall owners have been slow to change for years. But now they"re trying to embrace it

As 2018 comes to an end, it's been announced that more than 146 million square feet of retail space will be shut across the U.S. in malls and shopping centers, according to real estate research group CoStar......»»

Category: realestateSource: cnbcDec 7th, 2018

Crown Prince Launches Saudi Arabia"s First Nuclear Reactor On Very Day Sanctions Hit Iran

In but the latest after an insane month of news featuring the kingdom since the murder of journalist Jamal Khashoggi, the AP reports Saudi Crown Prince Mohammed bin Salman laid the ceremonial foundation stone for Saudi Arabia's.....»»

Category: blogSource: zerohedgeNov 6th, 2018

Many U.S. mall owners say good riddance to Sears

The real estate investment trusts that own the malls and shopping centers where many Sears stores are anchor tenants have waited years for the retailer's demise to renovate the sites and boost rent, although redevelopment costs may strain some plans......»»

Category: topSource: reutersOct 15th, 2018

After 158 years, big insurer launches first TV ads

Guardian Life Insurance Co. is one of the biggest firms in its field, selling a bit more life insurance than AIG and a bit less than State Farm. But it's not a household name because Guardian has... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkOct 10th, 2018

Mall vacancies are highest in 7 years after big-box closings

Rising shopping mall vacancies across the U.S. are driving down rents, signaling that many retail centers continue to struggle despite the country’s strong economic growth......»»

Category: topSource: moneycentralOct 4th, 2018

Mall Vacancies Are Highest in 7 Years After Big-Box Closings

Rising shopping mall vacancies across the U.S. are driving down rents, signaling that many retail centers continue to struggle despite the country’s strong economic growth and buoyant consumer confidence......»»

Category: smallbizSource: wsjOct 3rd, 2018

Saudi Arabia Shelves Work on SoftBank"s $200 Billion Solar Project

Saudi Arabia has put on hold a $200 billion plan with SoftBank to build the world’s biggest solar-power-generation project, setting back another eye-catching transformation project in the kingdom......»»

Category: asiaSource: wsjOct 1st, 2018

The Wall Street Journal: Saudi Arabia tables $200 billion solar-energy plant with SoftBank

Saudi Arabia has put on hold a $200 billion plan with SoftBank Group Corp. to build the world’s biggest solar-power-generation project, said Saudi government officials, setting back another eye-catching transformation project in the kingdom......»»

Category: topSource: marketwatchSep 30th, 2018

Saudi Arabia Calls Off Aramco IPO, Disbands Advisors

Two years ago, when the Aramco IPO was first floated, bankers on Wall Street declared a week-long fee orgy: after all, the $1+ trillion IPO - the biggest in history - was going to result in an underwriting fee bonanza. However, it .....»»

Category: blogSource: zerohedgeAug 22nd, 2018

New Jersey lawmakers press for fixes to commuter-rail fiasco

State lawmakers told New Jersey Transit leaders to stop saying it will take years to turn around the nation’s second-biggest commuter-rail operator and immediately enact solutions to poor... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkAug 17th, 2018

For Saudi Arabia"s Growing Hip-Hop Scene, It"s Tricky

Saudi Arabia is easing its tight grip on popular culture as it tries to diversify the economy, and the kingdom is one of the biggest markets for rap music in the Arab world. Yet it is finding that rap, like other art forms, can be difficult to contain......»»

Category: topSource: wsjAug 10th, 2018

China Tower IPO could be world"s biggest listing in 4 years

China Tower, the world's largest telecoms tower operator, held a news conference on its Hong Kong IPO of up to $8.7 billion on Tuesday in what could eventually be the world's biggest listing in four years. Thuy Ong reports......»»

Category: videoSource: reutersJul 24th, 2018

It"s adapt or die in the new Saudi economy

The contrast of failure and success is now a familiar sight in Riyadh as the kingdom undergoes the biggest upheaval in its modern history......»»

Category: topSource: moneycentralJul 21st, 2018

Iran Says "War" with U.S. and Israel Is "Possibility" But It Has "a Plan for Every Possible Threat"

Iranian supreme leader Ayatollah Ali Khamenei's top military aide also threatened to shower Saudi royal palaces "with 1,000 missiles" if the kingdom launches an attack......»»

Category: topSource: newsweekJun 25th, 2018

CPMedia adds holiday extension to Miracle League’s season with Afternoon with Santa

A couple years ago, Betty Clark was doing her Christmas shopping at a local mall and took special notice of the children who were waiting to jump on the lap of t.....»»

Category: topSource: bizjournalsJun 21st, 2018