Bloomberg In its rush to find a buyer earlier this year and avoid liquidation, bankrupt Toys ‘R’ Us Inc. landed on a familiar name: Sycamore Partners, according to people familiar with the matter. The private-equity firm, which had already scooped up several troubled retailers, held advanced talks with Toys ‘R’ Us about acquiring the chain and keeping open half its ...

ABU DHABI / WAM The Arab Coalition in Support of Legitimacy in Yemen has said that the Iranian-backed Houthi militias are currently suffering from wide isolation and facing difficulty in enlisting recruits, a fact reflected in the great losses they sustained in the Yemeni districts of Al-Hodeidah and Saada. In a news conference in Saudi Arabia, the official spokesman of ...

Bloomberg They are the building blocks of our daily stuff, from sports shoes to computer keyboards, created when oil and natural gas molecules are split, or cracked, to produce ethylene, propylene and other chemicals. The petrochemicals are big business in the oil-rich Persian Gulf, and they’re poised for further growth. Energy producers view these compounds increasingly as a key to ...