Bloomberg Gap Inc topped Wall Street’s expectations with its second-quarter results and increased guidance for the full year, highlighting the recovery for apparel retailers from the early-pandemic slowdown. The San Francisco-based company now sees adjusted earnings per share of $2.10 and $2.25, with net sales up about 30% compared with last year, it said. The apparel maker in May had ...

Bloomberg US forces carried out a strike in Afghanistan against the terrorist organisation believed responsible for the devastating bombing that killed at least 88 people near the Kabul airport a day earlier. “US military forces conducted an over-the-horizon counterterrorism operation on Saturday against an IS-K planner,” said Captain Bill Urban, a spokesman for US Central Command. He added that the ...

Bloomberg President Joe Biden rebuked China for stonewalling a US investigation into the origins of the coronavirus, as his administration reported it was unable to reach firm conclusions because of Beijing’s unwillingness to cooperate. China denied that it had hindered the probe. “The world deserves answers, and I will not rest until we get them,” Biden said in a statement ...