Bloomberg Asian buyout firm Navis Capital Partners is exploring a sale of premium supermarket chains in Malaysia, which could be worth about 1 billion ringgit ($248 million) according to people with knowledge of the matter. The firm is asking banks to submit proposals on the potential divestment of The Food Purveyor Sdn, the vehicle that owns the Village Grocer and ...

Bloomberg Best Buy Co reported weaker-than-expected holiday sales and said anticipated shifts in consumer spending back to areas like dining out and travel could hamper its performance this year. Comparable-store sales in the US — a key gauge of performance — rose 12.4% in the fiscal fourth quarter that ended on January 30, missing the average projection from Consensus Metrix. ...

Bloomberg President Joe Biden said US airstrikes in Syria that killed militants linked to Iran were a warning to the Islamic Republic to be cautious as its proxies challenge American allies in the Mideast. Asked while visiting a National Guard vaccination site in Houston what message the strike was intended to send to Iran, Biden said: “You can’t act with ...