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 …

Bloomberg Stocks advanced alongside US equity futures as plans for more American stimulus revived investor sentiment. A gauge of European corporate debt risk fell the most in two months. Carnival Plc and EasyJet Plc rallied more than 7%, helping lead gains in the Stoxx Europe 600 Index. The dollar weakened against almost all of its major peers. The pound climbed …

Bloomberg Indian equities pared gains, while the rupee and sovereign bonds declined, after a skirmish between the nation’s soldiers and Chinese troops in a border area reignited geopolitical risks. The benchmark S&P BSE Sensex index rose 1.1% as of 2:32 pm in Mumbai, after earlier climbing as much as 2.4% after the Indian army said three soldiers died in the …