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☆ Real estate is a very unstable business, says Emaar Properties founder
  + stars: | 2023-10-26 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailReal estate is a very unstable business, says Emaar Properties founderMohamed Alabbar, founder and chairman of Emaar Properties, says "this year is looking good … but we have to be careful."
Persons: Mohamed Alabbar Organizations: Emaar
☆ Italian watchdog fines online retailer YNAP more than $5 mln
  + stars: | 2023-01-13 | by ( ) www.reuters.com   time to read: +1 min
ROME, Jan 13 (Reuters) - Italy's antitrust agency has fined online fashion retailer YOOX Net-A-Porter (YNAP) 5.25 million euros ($5.69 million) over misleading pricing and its returns policy, the regulator said on Friday. YNAP did not immediately respond to an emailed request for comment. The regulator said the violations took place between 2019-2022. The business was controlled by Swiss luxury group Richemont (CFR.S) until last year, when it sold a majority stake to luxury e-commerce specialist Farfetch (FTCH.N) and Dubai Mall developer Mohamed Alabbar. ($1 = 0.9229 euros)Reporting by Alvise Armellini Editing by David GoodmanOur Standards: The Thomson Reuters Trust Principles.
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