Altice makes up such a large part of the European junk bond index that the news police had detained one of the media giant’s co-founders as part of a corruption investigation is proving a major headache for the region’s high yield portfolio managers.
China’s economy lost steam in the second quarter, prompting officials to roll out several measures aimed at reinvigorating demand and heading off deflation.
Malaysia called off a music festival in Kuala Lumpur after male members of a British indie band kissed on stage.
As scorching temperatures ravage farms from the US to China, crop harvests, fruit production and dairy output are all coming under pressure. That extreme weather is just one of threats to food supplies that are once again mounting around the world.
McDonald’s Corp. plans to spend more than A$1 billion ($673 million) on opening and renovating stores in the company’s biggest expansion plans for Australia since the 1990s, according the Australian Business Review.
Australia’s government has revived plans to add superannuation to paid parental leave payments and increase housing affordability through taxation reforms, The Australian reported, citing a draft policy document reviewed by it.
Fuel used to be the biggest bargain at Britain’s supermarkets. Today, some drivers are convinced it’s the biggest ripoff.
British holidaymakers are trading longer beach vacations for shorter city breaks this summer to save money as they struggle with high inflation and rising interest rates.
When the commuter town of Monterosi, near Rome, applied for European Union money to build a preschool, a saga of frustration ensued that says a lot about Italy’s current problems.
A vote in the middle of the second straight summer of unprecedented heat and drought could decide the fate of one of Europe’s most important wetlands.
