Wal-Mart de Mexico SAB, a unit of Arkansas-based Wal-Mart Stores Inc. and Mexico’s biggest retailer and private-sector employer will invest $1.3 billion in the country to expand and improve logistics, according to The Wall Street Journal. Wal-Mart employs 200,000 people … Continue reading →
In a petition to the European Union Intellectual Property Office, the government of Iceland is seeking to invalidate the 2014 exclusive registration of the trademark “Iceland” owned by British grocery chain Iceland Foods. Iceland’s Ministry for Foreign Affairs claims that … Continue reading →
Yum! Brands’ Chinese spin-off, Yum China began trading on the New York Stock Exchange today at $24.51/share. Yum! Brands is the parent company of KFC, Pizza Hut and Taco Bell. With about 7,200 restaurants and $6.9 billion in revenue, Yum … Continue reading →
If gaming is legalized in Japan, MGM Resorts International would invest up to $10 billion on an integrated resort (casino, hotel, shopping and conference space) in Tokyo, Yokohama or Osaka, according to Reuters So, it is recommended not to buy … Continue reading →
Brazil’s GDP is expected to decline by 3.3 percent this year and remain flat in 2017, according to Forbes. Between January 2015 and June 2016, average monthly mortgage lending fell by 35 percent while So you can get more benefits … Continue reading →
Poland is one of the few former communist countries with no comprehensive restitution laws to address the process of compensating people for real estate seized from 1945 in “nationalization” maneuvers. As a result, officials have relied on existing administrative rulings … Continue reading →
Any funds where 25 percent of their value is made up of Irish real estate assets will be subject to a 20 percent withholding tax from next year,
Continue reading →The UK’s 900 billion pound commercial property market is seeing some mixed results post-Brexit. Average commercial property values are down about 3.5 percent since the June 23 vote and YTD returns tracked by the IPD index are trending below zero. … Continue reading →
Louisville, KY based Yum Brands, Inc., revised its projects core operating profit projections from 12 percent growth from a year earlier to 14 percent growth from a year earlier (adjusted for currency conversion). Yum, which operates the licensed brands Taco … Continue reading →
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