Bloomberg Steinhoff International Holdings NV said it has secured enough money to keep its businesses running in the immediate term and can now start talks with a broader group of creditors. The troubled South African retail group has arranged new credit lines for units in the UK, US and France as well as agreeing a restructuring of its Austrian division, ...

Bloomberg JD.com Inc. is preparing to make its US debut with a beachhead in Los Angeles, seeking to best arch-rival Alibaba and challenge Amazon.com Inc. on its home turf. The $68 billion company, which said in December 2017 it’ll start online sales in the US by the second half of 2018, is now seeking funds to bankroll a logistics build-up ...

ABU DHABI / Reuters Abu Dhabi Commercial Bank (ADCB) posted a 7 percent rise in fourth-quarter net profit on Sunday, bolstered by a rise in net interest and Islamic financing income. The emirate’s second-largest bank by assets made a net profit attributable to shareholders of AED1.07 billion ($291.3 million) in the three months to December 31, compared to AED 1.0 ...