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> […]
OTTAWA (Reuters) – The United States is using the case of a senior Chinese telecoms executive who was arrested in Vancouver on a U.S. warrant 18 months ago to create friction between China and Canada, China’s envoy to Canada said on Thursday. “The U.S. has been taking advantage of Canada, and the U.S. is the […]
For the first time in two decades, US talk show star Oprah Winfrey will not appear on the cover of her magazine, O. Instead, the publication’s September edition will feature Breonna Taylor, a 26-year-old black woman. The health worker was killed by police who entered her flat earlier this year. “She was just like me. […]
