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US department store Sears faces possible closure

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Thomas Friedman on technology, Trump and the media

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'Terror in Westminster'

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Internet users say 'we are not afraid' after Westminster attack

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Pakistan faces water crisis

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Film show: 'Midwife', 'Beauty and the Beast' and 'Girl Asleep'

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The hidden collection: Iran exhibits contemporary art masterpieces

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BUSINESS DAILY

A daily update on the latest business and economic news. Live on weekdays at 8.15 am Paris time.

Latest update : 2014-06-18

Foreign investors snap up luxury Paris hotels

The only five-star hotel on the Champs Elysées has been bought by a Hong Kong-based investment fund for €344 million. The purchase is just the latest Paris hotel to be bought by foreign investors, keen to cash in on the wealthy clientele and high value of property in the French capital. Also today: why a children’s book about a purple house might herald the launch of Amazon’s new smartphone.

By Stephen CARROLL

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Archives

2017-03-23 eurozone

US department store Sears faces possible closure

The future of US department store chain Sears is in doubt as it faces mounting losses and a shifting market. Meanwhile, the eurozone's chief is in hot water over some...

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2017-03-22 Uber

More countries suspend Brazilian meat imports amid scandal

The fallout from Brazil's meatpacking scandal keeps piling up as more countries suspend imports. Hong Kong, Canada, Mexico and Switzerland have joined the list of countries with...

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2017-03-21 agriculture

French candidates slug it out over economy

France's presidential hopefuls have put forth their visions for the country's economy during a historic debate. Meanwhile, a scandal over tainted Brazilian meat deepens, and...

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2017-03-20 Brazil

Over 30 Brazilian companies accused of selling tainted meat

In Brazil, authorities allege that major meat processing companies bribed officials in order to allow them to sell rotten beef and poultry. The government is now attempting to...

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2017-03-17 G20

G20 finance ministers to discuss free trade in Germany

G20 finance ministers are meeting in Germany, with fears of protectionism high on the agenda. Also today: Iceland says its banks are thriving after capital controls are lifted,...

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