Hudson's Bay Co and joint venture partner RioCan REIT have signed a conditional agreement to sell HBC's flagship store in Vancouver for about C$675 million (387.2 million pounds) to an Asian buyer, a source said.
Retail sales growth in the 19 countries sharing the euro currency slowed sharply in March, European statistics agency Eurostat said on Friday, as consumers spent less on non-food items than in February.
The Trump administration has drawn a hard line in trade talks with China, demanding a $200 billion cut in the Chinese trade surplus with the United States, sharply lower tariffs and advanced technology subsidies.
The maternity apparel company has sent a letter to its stockholders ahead of its annual meeting, urging them to vote for the company’s incumbent Board of Directors in opposition to the nominees of a dissident group.
Alibaba Group Holding Ltd reported better than expected top line results on Friday, driven by strong sales in its commerce and cloud computing units, even as margins were squeezed by flurry of investments.
Indian e-commerce firm Flipkart's board is yet to finalise a deal to sell a stake to Walmart Inc, two sources with direct knowledge of the matter said on Friday, adding that a deal could just be days away.