Bloomberg Roots Corp., the Canadian retailer known for its casualwear and leather goods, raised $160 million in its initial public offering after cutting the price below its targeted range, according to people familiar with the matter. The Toronto-based retailer sold shares at C$12 a piece, below its previously disclosed range of C$14 to $16 each, said the people who asked ...

Bloomberg Amazon.com Inc. is ready to commit to Brazil. Kind of, sort of. After five years of just selling books in the country, Amazon is now launching an electronics and appliances marketplace. The official announcement came recently, but locals have been talking about it for a week after Bloomberg News was first to report that a significant number of Amazon ...

Dubai / Emirates Business DAMAC Properties Dubai Co. PJSC, a leading property developer in the Middle East, on Wednesday announced its first-nine months of 2017 financial results, reporting total revenue of AED 5.8 billion and net profit of AED 2.3 billion. As of September 30, DAMAC’s booked sales for 9M stood at AED 6 billion, representing a 13 percent increase ...