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Saturday, January 20, 2018

China's Dalian Wanda Group says 2017 revenue down 10.8 percent

HONG KONG (Reuters) - Chinese conglomerate Dalian Wanda Group said on Saturday its revenue dropped for a second consecutive year, by 10.8 percent in 2017, as the group sold off property assets and faced increasing scrutiny from regulators and lenders.


from Reuters: Business News http://ift.tt/2mUTcFg

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Prada to buy rival fashion brand Versace for $1.36bn

The deal to unite the two Italian brands has an estimated value of $1.36bn (£1.06bn). from BBC News https://ift.tt/IF1bAUd