Kmart, the Australian discount department-store unit of Wesfarmers Ltd., said it ceased production earlier this month at a Bangladesh clothing factory and evacuated workers after the plant was designated unsafe.
Jessops, the U.K. camera chain that collapsed in January, reopened a store on London’s Oxford Street as buyer Peter Jones of “Dragons’ Den” television fame said the retailer promised “a change in how we shop.”
Travis Perkins Plc rose for a sixth day, the longest streak in more than five months, after analysts said the builders merchant may profit most among its peers from new U.K. initiatives to assist home purchases.
Optos Plc, the maker of the Daytona retinal imaging device, fell the most in 10 months after saying second-quarter earnings will be lower than anticipated because the diagnostic tool is selling more slowly than it forecast.
Merck KGaA’s experimental tumor- fighting drug cilengitide failed to help patients with a form of brain cancer in a late-stage clinical trial, adding to recent drug-development setbacks for the company.
Sirius Minerals Plc rose for a fourth day, the longest winning streak in eight months, as investors warmed to its plan for a potash mine that may hold the largest deposit of a mineral used to make the fertilizer.