Bloomberg Shares in a range of Japanese retailers gained following a surge in sales at furniture depot Nitori Holdings Co and casual fashion retailer Shimamura Co, an early indication of pent-up demand from local shoppers as the threat of the coronavirus subsided. Nitori same-store sales jumped 47% in June from the previous year, the most on record in data going …

Bloomberg South Africa’s government plans to retain a minority shareholding in South African Airways, the national airline that has been in bankruptcy protection for the last six months, while ceding management control to its investors, an official said. “We are not obsessed with control,” Kgathatso Tlhakudi, deputy director-general at department of public enterprises, said in an interview on Johannesburg-based Radio …

Bloomberg European stocks and US futures slumped as a resurgence in virus cases in Tokyo, Germany and the American South sharpened concern about the pace of economic recovery. The Stoxx Europe 600 Index fell the most in a week with losses across all major industries. Oil and copper retreated, while the dollar steadied. Austria is selling another 100-year bond, locking …