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Woolworths sells Australia’s David Jones chain to Anchorage

  Bloomberg Woolworths Holdings Ltd. agreed to sell Australia’s oldest department store chain David Jones to Anchorage Capital Partners, ending an expensive misstep for the South African retailer. The deal will remove about 17 billion rand ($965 million) of liabilities related to the David Jones store portfolio, Woolworths said in a statement. Management expects to get more than the carrying ...

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Peru reopens some airports ahead of debate over vote

  Bloomberg Peru’s government is reopening some airports ahead of another attempt by congress to approve early elections to calm protesters and alleviate the country’s political crisis. The airport in Juliaca, in southern Peru, will resume operations while the airport in the south-central city of Ayacucho could resume operations on Tuesday, Transport Minister Paola Lazarte said in a tweet from ...

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Amazon hit with strike campaign in Germany

  Bloomberg German labour union Verdi called on Amazon.com Inc warehouse workers to go on strike across the country during the holiday season, seeking to press the company for higher pay and to join collective bargaining agreements. The timing and location of individual walkouts won’t be announced in advance, the union said in a statement. Amazon didn’t immediately respond to ...

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