Bloomberg Carrefour SA is in advanced talks to sell a controlling stake in its Taiwanese operations to its local minority partner Uni-President Enterprises Corp, according to people familiar with the matter. Uni-President has emerged as the likeliest buyer for the French grocer’s 60% of the business, the people said, asking not to be identified because the matter is private. The …

  Bloomberg Kohl’s Corp said it has authorised Goldman Sachs Group Inc to coordinate with select bidders for the retailer so they can “refine and improve” their offers with proof of financing and binding documentation. Kohl’s said in a statement that it has received multiple preliminary indications of interest that are nonbinding and don’t have committed financing. Separately, the company …

  Bloomberg Alibaba Group soared 11% after ramping up its share buyback program to $25 billion, fuelling hopes that Beijing is easing off an internet crackdown that wiped out $470 billion of the e-commerce giant’s value. The board approved the program, which will run for two years through to March 2024, the company said. It also appointed a new independent …