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UK News
Administrators say they are hopeful the chain's remaining 85 stores can be saved.
The US president urges regulators to adopt a semi-annual schedule for financial reports.
The purchases, the billionaire's first since 2020, boost his investment in the firm.
The deal will pave the way to US ownership of the social media platform' s American operations, according to the US treasury secretary.
Kering, the luxury French fashion house which owns the brands, confirmed the attack to BBC News.