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Bed Bath & Beyond soars amid new plan

Bloomberg Bed Bath & Beyond Inc soared in late trading after announcing accelerated share buybacks and the launch of a new digital marketplace for merchandise from third-party producers. The company said it expects to complete its $1 billion share repurchase plan by the end of its fiscal year in February — two years ahead of schedule. There is $400 million ...

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Taiwan challenges UN exclusion on sidelines of COP26 summit

Bloomberg As the world’s powers wrestle over the future of the planet in Glasgow, another politically fractious issue will play out on the sidelines of the COP26 summit — Taiwan’s exclusion from international organisations. Two weeks after US Secretary of State Antony Blinken called for Taiwan to have a greater role at the United Nations, a delegation from Taipei, led ...

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France says Sudan coup challenges July Paris Club debt accord

Bloomberg The recent coup in Sudan puts into question a July Paris Club agreement to rework $23.5 billion of Sudan’s debt, France’s foreign ministry said in a statement. “It is obvious that the October 25 military coup puts the process into question,” the ministry said. Debt cancellation was part of France’s support to democratic transition, it said. The US already ...

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