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UK's Strategic Move: Britain Signals Possible Support for Israel Amid Iran Conflict

The United Kingdom has hinted at potential support for Israel in its ongoing conflict with Iran, though officials emphasize that recent military deployments are primarily precautionary. British Chancellor of the Exchequer Rachel Reeves stated on Sunday that additional military jets were sent to the Middle East to protect British bases and personnel. The escalation between Israel and Iran saw fresh attacks overnight, with Israeli Prime Minister Benjamin Netanyahu warning that Iran would face intensified strikes in the coming days. Speaking to Sky News, Reeves called for de-escalation but acknowledged that Britain has previously assisted Israel in defending against missile attacks. "We have, in the past, supported Israel when there have been missiles coming in," she said, adding that the UK is deploying assets both for its own protection and potentially to support allies. Britain has played a role in defending Israel before. Last year, British aircraft intercepted Iranian drone...
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Hudson’s Bay Strikes Deal to Sell Store Leases Amid Liquidation

Hudson’s Bay, Canada’s oldest retailer, has reached an agreement to sell up to 28 of its store leases to Ruby Liu, a B.C.-based mall owner. Liu plans to launch a new modern department store, aiming to create immersive shopping experiences that cater to multiple generations. 

The deal comes as Hudson’s Bay undergoes liquidation after filing for creditor protection in March. Liu’s acquisition includes properties in Alberta, B.C., and Ontario, with three of the leases located in malls she already owns. While the financial details of the transaction remain undisclosed, Liu has expressed her commitment to prioritizing former Hudson’s Bay employees when hiring for her new venture. 

However, challenges remain. Hudson’s Bay recently sold its brand trademarks to Canadian Tire, meaning Liu cannot operate under the Hudson’s Bay name unless she negotiates a licensing agreement. Additionally, landlords may have a say in the lease transfers, potentially influencing the terms of the deal. 

Despite these hurdles, Liu is optimistic about revitalizing the retail landscape with her new department store concept. The court approval process will determine the final outcome of the lease transfers and the future of these retail spaces.

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