Bloomberg Shares in a range of Japanese retailers gained following a surge in sales at furniture depot Nitori Holdings Co and casual fashion retailer Shimamura Co, an early indication of pent-up demand from local shoppers as the threat of the coronavirus subsided. Nitori same-store sales jumped 47% in June from the previous year, the most on record in data going ...

Bloomberg South Africa’s government plans to retain a minority shareholding in South African Airways, the national airline that has been in bankruptcy protection for the last six months, while ceding management control to its investors, an official said. “We are not obsessed with control,” Kgathatso Tlhakudi, deputy director-general at department of public enterprises, said in an interview on Johannesburg-based Radio ...

Bloomberg President Vladimir Putin put Russia’s military strength on display on Wednesday in a parade to mark the 75th anniversary of the World War II defeat of Nazi Germany, braving the coronavirus pandemic ahead of a referendum that may allow him to rule until 2036. The spread of the virus forced Putin to delay his annual May 9 Victory Day ...