Bloomberg Roots Canada Ltd., the iconic retailer known for its casual wear and leather goods emblazoned with beaver logos, has hired banks to prepare an initial public offering this year, according to people familiar with the matter. The Canadian clothing company is working with Toronto-Dominion Bank, Credit Suisse Group AG and Bank of Montreal on the share sale, the people …

Bloomberg Pretty much everyone prefers a nonstop flight—business people, especially. And they are more likely than most to be in a position to afford the premium. But right now, all the money in the world won’t get you from Sydney to the Big Apple or UK without a pit stop, because commercial planes just don’t have that kind of range. …

KHOBAR / Reuters­­­­­­­­­­­­­­­ Saudi Arabia and China are to cooperate on nuclear energy projects following discussions between the two countries on ways to support the kingdom’s nuclear energy programme, state news agency SPA reported. Saudi Arabia has been for years trying to diversify its energy mix so that it can export more of its oil, rather than burning it at …