Simon Property to take over Taubman, including Asian assets
American retail property giants Simon Property Group and Taubman Centers have announced an effective merger, including the three-mall strong Taubman Asia portfolio.
Simon is...
Pricerite closes stores, culls staff to weather downturn
Furniture and housewares retail Pricerite has closed four stores and will cut staff and executive salaries as it rides out the combined impact...
Cairo’s green lung razed for roads to new desert capital
In the traffic-choked megacity of Cairo, the historic Heliopolis district has long stood out for its leafy boulevards, but now construction crews are cutting...
Delta ‘thanks’ staff with US$1.6 billion payout
Most people just get some flowers and a box of chocolates on Valentine’s Day.
Employees of US-based Delta Air Lines received a record US$1.6 billion...
Virus may mean $5bn in airline losses: UN agency
The new coronavirus outbreak could mean a reduction of US$4-5 billion in worldwide airline revenue, the International Civil Aviation Organization (ICAO) said on Thursday.
The...
