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By Melissa Fares NEW YORK (Reuters) – Saks Fifth Avenue owner Hudson’s Bay Co <HBC.TO> on Monday named a president to lead its off-price business, known as Saks Off 5th, the latest example of a department store chain trying to bolster its outlet stores. Until now, the discount apparel unit Off 5th was run by […]
By Chris Thomas, Savio Shetty and Sudarshan Varadhan BENGALURU/MUMBAI/NEW DELHI (Reuters) – Shares in India’s Yes Bank <YESB.NS> plunged on Friday as panicky depositors rushed to withdraw funds and payment partners faced outages after the banking regulator took control of the lender in a late-night move and limited withdrawals. The shock move by the Reserve […]
