DUBAI/WAM The UAE Year of Community 2025 has come to a close, successfully concluding its …
Read More »House of Fraser seeks funds as China rescuer pulls out
Bloomberg House of Fraser Ltd. needs a new lifeline after a Chinese retailer pulled its plan to buy a majority stake, leaving the UK department-store chain on the brink of collapse and threatening about 17,000 jobs. Would-be rescuer C.banner International Holdings Ltd. shelved plans to raise funds for the purchase of a 51 percent stake in the British chain, citing …
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