Bloomberg A Sears liquidation would cost its real estate spinoff 47 percent of its annual rent income, or about $84 million in cash flow, according to regulatory filings. Seritage Growth Properties, a real estate investment trust, was created in 2015 by Sears Chief Executive Officer Eddie Lampert to be the property owner and landlord for select locations of Sears and ...

Bloomberg A series of major scandals in Denmark is testing its status as one of the world’s least corrupt nations, with Transparency International warning that its image may now be at risk. The Scandinavian nation known for its love of bikes, equality and welfare has more recently been associated with money laundering, tax evasion and embezzlement. The development should force ...

Bloomberg Growth in UK advertising budgets has slowed to its weakest in 2 1/2 years as Britain struggles to define its future relationship with the European Union. The proportion of companies increasing their ad spending exceeded those scaling it back by 2.5 percentage points in the third quarter of 2018, down from a 6.5 point margin in the second quarter, ...