Casino Guichard Perrachon SA is moving close to sealing a restructuring deal with creditors on Thursday after reporting an underlying net loss of €1.3 billion ($1.5 billion) in the first half of the year.
Volkswagen AG is the odd carmaker out in what’s otherwise been an upbeat earnings season for the industry.
TotalEnergies SE stuck to plans for shareholder payouts and capital spending even as second-quarter profit missed estimates.
Emmanuel Macron slammed what he called the imperialism of neighboring powers on a visit to the South Pacific, seeking to promote France as a balancing force in a region with strategic significance to both China and the US.
NatWest Group Plc’s board thought they could douse the political firestorm that has engulfed the bank for the better part of a month. But they forgot to account for the most important shareholder: the UK government.
SK Hynix Inc. jumped by the most in over three years Thursday, extending its huge 2023 lead over Samsung Electronics Co. as artificial intelligence becomes the dominant theme for investors in Korean memory-chip stocks.
Moody’s Corp. has begun to search for a new London headquarters, the latest major Canary Wharf tenant to consider quitting the financial district.
China’s debt-to-GDP ratio rose to a record in the second quarter, although consumers and businesses are borrowing at a slow pace, reflecting low confidence that’s hitting economic growth.
A cargo ship carrying nearly 3,000 automobiles — about 300 of them made by Mercedes-Benz Group AG — is on fire off the coast of the Netherlands while the Dutch coast guard fights to contain the blaze.
Steinhoff International Holdings NV shareholders on Wednesday had little choice but to vote to dissolve the shell of the scandal-hit global retailer, drawing a line under a 5-1/2 year saga that turned into a windfall for lawyers and advisers.
