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Debenhams Gets Breathing Room With 40 Million-Pound Credit Deal

The company also announced an agreement with export and logistics company Li & Fung Ltd. on a sourcing partnership for Debenhams own-brand products. The deal “will help us anticipate and respond more quickly to trends and our customers’ preferences, as well as delivering better quality product,� Chief Executive Officer Sergio Bucher said in a statement Tuesday. Debenhams, laden

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Debenhams Gets Breathing Room With 40 Million-Pound Credit Deal

being-prepared

Former Fed Chair Paul Volcker takes Trump to task on taxes, trade

“We have not been on a constructive track,â€� Volcker told Bridgewater co-chief investment officer Ray Dalio, in a podcast video released on Tuesday. “I think that’s fair to…

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Former Fed Chair Paul Volcker takes Trump to task on taxes, trade

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Exclusive: Russia expects to recover far less from 'bad bank' assets – sources

Russia will dramatically cut its estimate of the sum it expects to recover from a “bad bank” set up after the collapse of three major lenders, according to three sources familiar with new calculations being prepared for the central bank

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Exclusive: Russia expects to recover far less from 'bad bank' assets – sources

being-prepared

Banned Chinese billionaire calls Australia 'a giant baby'

A Chinese billionaire barred from Australia on suspicions he is part of a Communist Party influence campaign has lashed out at Canberra, calling it a “giant baby” that hasn’t found its place in international politics. Huang …

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Banned Chinese billionaire calls Australia 'a giant baby'