Carrefour seals deal to buy 127 Klepierre malls
PARIS (Reuters) - France's Carrefour (CARR.PA) said on Friday it signed a binding agreement with real estate group Klepierre (LOIM.PA) to buy a portfolio of 127 shopping malls in Europe, with the deal expected to close in the first half of 2014.
Carrefour said previously that the deal would cost the world's second-largest retailer 2 billion euros ($2.74 billion)and would help revive its flagging European hypermarkets.
(Reporting by Maya Nikolaeva; Editing by Natalie Huet)
NEW YORK - U.S. stocks were little changed on Wednesday, with the S&P 500 creeping up to another record closing high in a lethargic session, though a number of retail stocks traded heavily after reporting results.
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.