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Business 25 Feb 2021 | 7:00 AM

Sycamore’s Belk files for bankruptcy

CHARLOTTE: Belk Inc, the chain owned by Sycamore Partners, filed for bankruptcy on Tuesday in an effort to tame debt at the struggling retailer.

Philippines 24 Feb 2021 | 7:00 AM

Indemnity law for vaccine takers passed

The Philippine House of Rep­resentatives has passed a Bill that creates an indemnity fund to pay Filipinos “in case of death, permanent disability or hospitalisation” due to serious side effects after getting the coronavirus vaccine shots.The Covid-19 vaccination Bill, which includes a provision allocating an indemnification fund of 500 million pesos (RM41mil), also seeks to hasten the government’s purchase of the coronavirus vaccines.