Bloomberg Sycamore Partners is betting on the ailing retail sector at a time when other investors are shying away. The buyout firm, which bought Staples Inc. last month, is trying to raise $4 billion for its biggest fund yet, two people with knowledge of the matter said. It’s planning to finish raising the money in January, one of the people ...

Bloomberg South African Airways has agreed to hire a restructuring expert to help turn around the state-owned airline and meet conditions laid down by lenders to roll over debt, according to two people familiar with the matter. Incoming Chief Executive Officer Vuyani Jarana met with British industry veteran Peter Davies last month and he agreed to help try return SAA ...

Bloomberg US online retailers like Amazon.com Inc. stand to gain from the Trump administration’s push to throw open the doors for Canadians and Mexicans to buy American goods duty-free. The US is demanding Canada and Mexico raise the threshold at which duties are applied to purchases crossing the border, according to two people with knowledge of a proposal put forward ...