Bloomberg BHS, the dowdy department store, will live to fight another day. The struggling privately owned retailer has been given a lifeline after landlords voted to approve a restructuring that would ease its rent burden. The company’s near miss can only partly be seen as consequence of the 15 years it spent under the leadership of retail entrepreneur Sir Philip ...

Bloomberg The owners of Turkish supermarket chain Carrefoursa have hired Bank of America Corp. to sell shares in the joint venture to boost the stock’s trading on the Istanbul stock exchange, according to people with knowledge of the matter. The companies haven’t made a final decision about the share sale, said the people, who asked not to be named because ...

Bloomberg American Airlines Group Inc. gave in to pressure from employees and adopted a profit-sharing programme, acknowledging the issue was thwarting efforts to improve labor relations and the carrier’s performance. American joins the other large US carriers — Delta Air Lines Inc., United Continental Holdings and Southwest Airlines Co. — in splitting some earnings with employees. Starting this year, 5 ...