Bloomberg The billionaire dynasty behind Selfridges & Co has sold the British department store operator to a Thai-Austrian joint venture for about 4 billion pounds ($5.4 billion) in one of the biggest UK retail deals in years. The Weston family said Central Group, which is owned by the Chirathivats, one of Asia’s wealthiest families, and Signa Holding of Austria, ...

  Bloomberg Chinese social media platforms erupted over allegations that Walmart Inc had stopped selling items from Xinjiang at its members-only grocery chain Sam’s Club in China, raising the risk that the world’s biggest retailer will be swept into escalating tensions between China and the US over the western province. Posts of screenshots showing no search results for the word ...

  Bloomberg Airlines’ US flight cancellations approached 1,900 for the Christmas weekend, disrupting travel on one of the busiest periods of the year as the Omicron-fueled wave of Covid cases triggered air-crew shortages. Saturday’s pullbacks erased at least 12% of the schedule at Delta Air Lines Inc, United Airlines Holdings Inc and JetBlue Airways Corp, according to data tracker FlightAware.com. ...