Bloomberg It used to be that a buildup in foreign reserves was seen as a bulwark against currency shocks and swift turns in investor sentiment. Those days seem far away — and that defense less robust — as the trade conflict between the US and China evolves into a full-blown currency war that’s threatening emerging markets globally. Reserves of central …

Bloomberg Barneys New York Inc filed for bankruptcy protection from creditors and laid out plans to shutter most of its stores after getting squeezed by rising rents and fewer visitors to its luxury fashion stores. The Chapter 11 filing in New York allows the department-store chain to stay open while it seeks to sell a slimmed-down business and to negotiate …

Bloomberg Boeing Co is holding workshops with Chinese airlines about the grounded 737 Max plane as it tries to bring the troubled jet back to operation. Boeing invited pilots and engineers from China Southern Airlines Co to a gathering in Guangzhou, according to an emailed statement from Boeing. More such workshops will be held with Air China, China Eastern Airlines, …