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Brookfield in talks to acquire stake in Kushner-owned Manhattan tower: source

NEW YORK (Reuters) – Brookfield Property Partners is in talks to acquire a stake in a Manhattan office tower majority-owned by a company that was previously run by Jared Kushner, son-in-law of U.S. President Donald Trump, a source familiar with a potential deal said on Thursday.

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As oil rises, warnings emerge from U.S. retailers

NEW YORK (Reuters) – Worries about rising oil prices have begun to creep into U.S. retailers’ earnings calls, and investors are raising concerns that those costs may slow discretionary spending among Americans and push down the performance of the retailers’ shares.

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Inter IKEA grants franchise rights to SACI Falabela for Peru, Chile and Colombia

STOCKHOLM (Reuters) – Inter IKEA, owner of the IKEA Concept and the worldwide IKEA franchisor, said on Thursday it had signed an memorandum of understanding with S.A.C.I. Falabella to grant franchise rights for IKEA stores in Peru, Chile and Colombia, the first IKEA stores in South America.

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Trump doubts success in rebalancing U.S.-China trade as talks get underway

WASHINGTON (Reuters) – President Donald Trump said on Thursday that China had become “very spoiled” on trade with the United States and cast doubt on the success of his efforts to rebalance the relationship with Beijing as high-stakes U.S.-China negotiations opened in Washington.

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