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White House: Trump supports abuse victims in defense of aide

Bloomberg The White House said on Monday that Donald Trump supports domestic violence victims, after the president was criticized for sympathetic public statements about a former aide who resigned last week following allegations that he abused two ex-wives. “The president and the entire administration take domestic violence very seriously and believe all should be investigated thoroughly,” Press Secretary Sarah Huckabee ...

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Lotte’s China exit to stall

Bloomberg Lotte Group’s efforts to sell its China stores have stalled as buyers aren’t sure they will be able to run the outlets normally after government allegations of fire safety infractions, a company executive said. South Korea’s largest department store operator, Lotte Shopping Co., has taken a sales hit in China over the past year after the group provided land ...

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HNA sells Hong Kong land for $2 billion

Bloomberg HNA Group Co. agreed to sell two plots of land in Hong Kong to the city’s second-richest man for HK$16 billion ($2 billion) as the cash-strapped Chinese conglomerate accelerates asset disposals to repay its mounting debt. The sites, purchased just over a year ago, were sold to billionaire Lee Shau Kee’s Henderson Land Development Co., according to a statement ...

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