Bloomberg A small faction of officials at Forever 21 Inc has asked its biggest landlords if they’d consider taking a stake in the clothing retailer, as the company’s leadership battles internally about how to turn around the struggling store chain. The group, which didn’t have the backing of the company’s co-founder, talked to Simon Property Group Inc and Brookfield Property ...

Bloomberg The US and China declared a truce in their trade war on Saturday, as Donald Trump said he would hold off imposing an additional $300 billion in tariffs and the world’s two largest economies agreed to resume negotiations. After a high-stakes meeting with Chinese President Xi Jinping, Trump told reporters that he also would delay restrictions against Huawei Technologies ...

DUBAI / WAM Dubai Electricity and Water Authority (Dewa) unveiled its plans to build 5 new 400 kilovolt (kV) substations over the next three years, with an allocated budget of AED2.2 billion. The five substations will be added to the total number of existing 22 stations. Dewa is working in adherence with its strategy to increase the efficiency of electricity ...