Bloomberg Ted Baker shares gained the most in almost two years after Sycamore Partners Management said it’s considering making an offer for the UK fashion brand, which lost more than 90% of its value in the past four years. The private equity firm said the considerations are in the early stages and there’s no certainty it will make an ...

Bloomberg Canadian retailers posted stronger-than-expected revenue gains in January, though business waned in February, according to data from the country’s statistics agency. Sales jumped 3.2% in January, led by a pick-up in auto sales but with broad-based increases across sectors, Statistics Canada said in a release. That momentum didn’t continue into February, when receipts fell 0.5%, according to preliminary estimates ...

Bloomberg Xi Jinping bet that establishing a “no limits” friendship with Vladimir Putin could prevent the US from containing China. Now that agreement threatens to leave Beijing more isolated and alone. A phone call between Xi and US President Joe Biden appeared to achieve no major breakthroughs. The US continued to threaten unspecified consequences if China provides support to Russia, ...