FILE PHOTO: A sign is displayed outside a Marks &

Sycamore Partners backs out of coronavirus-stricken deal for Victoria’s Secret

By Jessica DiNapoli and Nivedita Balu (Reuters) – Buyout firm Sycamore Partners disclosed on Wednesday it had walked away from a $525 million deal to acquire a majority stake in Victoria’s Secret, after the lingerie brand shut down stores and furloughed staff in response to the coronavirus outbreak. Victoria’s Secret owner L Brands Inc <LB.N> […]

Man, 74, ‘traumatised’ after ‘being kicked into freezing river by teens’

The Daily Star’s FREE newsletter is spectacular! Sign up today for the best stories straight to your inbox A pensioner was left in “complete shock” after being kicked into a freezing river by two youths, according to his family. The 74-year-old man is now “traumatised" and broke down in tears as he recalled the ordeal, […]

Disney's surprise profit bolsters futures ahead of economic data

(Reuters) – U.S. stock futures rose on Wednesday after Disney squeezed out a quarterly profit despite taking a $5-billion charge due to the pandemic, while investors awaited data on private payrolls and the service sector to gauge the country’s economic health. Leading gains among the Dow’s components in premarket trade, Walt Disney Co (DIS.N) jumped […]