December 16, 2015
New Zealand: Regulator takes 13 real estate firms to High...
Thirteen New Zealand real estate firms colluded in agreeing to pass on increased Trade Me Group fees for property listings as part of a response to the auction site’s increasing...
December 14, 2015
Apple Takes A Bite Out Of Luxury Retail
With its position in tech retail firmly ensconced, is Apple looking to give the likes of luxury brands like Tiffany and Coach a run for their money? Recent moves of...
December 10, 2015
France: Accor to buy Fairmont Hotel operator for $2.9bn
French hotel chain Accor is buying the company that owns luxury hotel lines Raffles, Swissotel and Canada’s Fairmont in a deal worth about $2.9 billion US in cash and shares....
December 10, 2015
Chanel’s Big Brick-And-Mortar Buy
Beverly Hills real estate is going to cost you, and Chanel is ponying up serious cash for some of its own. The French luxury retailer is paying a record price...
December 10, 2015
XBox’s M-Pay Powered Virtual Mall
XBox, in the latest phase of its ongoing war with the outside world and people’s stubborn desire to go there, has launched a virtual shopping destination that will make it...
December 09, 2015
First Bowling, Now SoulCycle: Macy’s Adventures In Experiential Retail
During a recent earnings call with investors, Macy’s CEO Terry J. Lundgren hinted at the possible repurposing of retail space in key stores — including its flagship 34th street location...
December 09, 2015
HSBC Takes Bonds Global To Increase Profits
Banking behemoth HSBC wants to boost its bottom line by packaging loans into bonds and bringing them to market in the United States, Reuters reported Tuesday (Dec. 8). The newswire...
December 09, 2015
Fraudsters Move At The Speed Of Consumers
A recent white paper by IDology finds that in the wake of EMV, fraudsters are looking for new avenues to exploit – particularly over mobile devices.
December 02, 2015
EU: Investigation into McDonald’s tax deal with Luxembourg likely
EU antitrust regulators are likely to launch a formal investigation into McDonald’s tax deal with Luxembourg, two people with knowledge of the matter said on Wednesday, widening the bloc’s crackdown...
Real-time payments already account for at least 15% of B2B payments volume in the insurance, manufacturing and retail industries. PYMNTS Intelligence’s latest study of 500 executives across the retail, insurance, manufacturing and real estate sectors examines how these industries are using real time payments today and their plans for the future. Read more in “The State of Real-Time Payments,” a collaboration with The Clearing House.