Bloomberg Standard Chartered Plc reached an agreement to separate its private-equity unit, ending more than two years of effort by Chief Executive Officer Bill Winters to get out of the business. Intermediate Capital Group Plc said on Monday that its funds are buying a majority of the bank’s private-equity assets in a transaction valued at about 790 million pounds ($997 ...

Bloomberg Europe’s retail crisis is spreading from bricks-and-mortar stores to e-commerce as Asos Plc plunged the most in 4 1/2 years after warning that Christmas shopping got off to a disastrous start. The gloomy update from a UK online retailer that competes with Amazon.com Inc. and has furnished fashions to the likes of Meghan Markle shows that retail weakness is ...

Bloomberg In 2014, when Instacart Inc. was a younger grocery-delivery startup, Whole Foods was its first major relationship—Instacart’s debut national retail partner and an investor as well. A lot has changed since then. Amazon.com Inc. now owns Whole Foods and runs its own delivery service. So the startup and grocery chain are splitting up for good. Instacart said it will ...