Bloomberg Apparel maker Hela Clothing plans an initial public offering on the Colombo Stock Exchange within 12 months to raise capital for entry into North Africa and the expansion of its East African operations. The Sri Lanka-based manufacturer for PVH Corp — the parent company of fashion brands Tommy Hilfiger and Calvin Klein — will offload a 20% stake for ...

Bloomberg President Vladimir Putin accused the US of involvement in what he termed a “provocation” by a British destroyer in the Black Sea last week, while saying the Russian navy could have sunk the vessel without igniting a new world war. Hours before the HMS Defender engaged in a stand-off with Russian ships and fighter jets off the coast of ...

Bloomberg Hong Kong ramped up security and warned activists against holding any demonstrations as the Asian financial centre prepares to mark a sensitive anniversary of the former British colony’s return to Chinese rule. The police urged the public in a statement on Wednesday not to participate in unauthorised assemblies after banning activists from holding a rally on July 1, traditionally ...