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Mall landlords in talks to buy JC Penney

Bloomberg The two largest mall landlords and Authentic Brands Group LLC are in talks to buy bankrupt department-store chain JC Penney Co, according to people familiar with the matter. Authentic Brands may team up with Simon Property Group and Brookfield Property Partners to acquire the retailer as part of its court reorganisation, said the people, who asked not to be ...

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Kim destroys joint Korea office in rebuke to Seoul

Bloomberg North Korea blew up an inter-Korean liaison office on its side of the border, in an explosive rebuke to Seoul that appeared designed to draw maximum global attention with little immediate risk of war. The move represented North Korea’s most serious provocation in years and follows an escalating series of threats against South Korean President Moon Jae-in’s government. The ...

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20 Indian soldiers killed in clash with Chinese troops

Bloomberg India says at least 20 of its soldiers have died in a “violent” clash with Chinese troops at a section along their unmarked border high in the Himalayas, in the first fatalities resulting from skirmishes in the region in four decades. There were “casualties on both sides,” Indian army spokesman Col Aman Anand said in New Delhi, adding that ...

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