Bloomberg Regent Street, London’s premier shopping thoroughfare, is struggling to shake off the lingering effects of Covid-19. Store vacancy levels, at a record 12%, are almost twice what they were at the end of 2019, while asking rents for the best space on the street have fallen by more than 30% during the pandemic, according to Savills Plc. Shoppers who ...

  Bloomberg Software maker Zendesk Inc agreed to be acquired by a group of buyout firms led by Hellman & Friedman and Permira for about $9.5 billion. The all-cash transaction offers shareholders $77.50 a share, a premium of 34% over Zendesk’s closing stock price. Including debt, the deal is valued at about $10.2 billion. The announcement comes after Zendesk said ...

Bloomberg Russian missiles struck residential buildings in the center of Ukraine’s capital early Sunday, which was condemned by President Joe Biden as “barbarism.” The strikes followed bombardments across in Ukraine’s north and west on Saturday, including missiles launched from Belarusian airspace. “It’s more of their barbarism,” Biden said in response to a question from a reporter about the hit on ...