Barclays Scraps Debt Plans for Former Yellow Pages Firm Hibu
Barclays Plc is no longer pursuing a debt deal for former Yellow Pages publisher Hibu Inc. that would have refinanced a private loan, according to people with knowledge of the matter.
Bloomberg Business
UK’s Nvidia Rival, Graphcore, Needs Funds After Loss Widens
Graphcore Ltd., the British chipmaker that aimed to challenge Nvidia Corp., said it needs to raise money to continue operating as a “going concern” after racking up losses.
No More Naive Calls to Putin: Inside Macron’s Very French Reset
Emmanuel Macron is dialing down the volume — and finally getting his way
Total Weighs Selling Stake in Giant Scottish Wind Farm
TotalEnergies SE is weighing a sale of part of its stake in Scotland’s largest offshore wind farm, people with knowledge of the matter said.
Codelco Loses CFO in Latest Blow to World’s Top Copper Miner
Codelco is losing its chief financial officer in the latest setback to Chile’s state-owned copper behemoth, as slumping output erodes profit and pushes up debt levels.
Puma’s Call With Analysts Sends Stock Down Most in Three Years
Puma SE shares had their biggest intraday drop in more than three years after the sportswear company’s comments on a call with analysts spurred worries about sales.
US Banks Raise China GDP Forecasts, See Economy Past Bottom
Banks including Citigroup Inc. and JPMorgan Chase & Co. have raised their China growth forecasts to 5% for this year, as a strengthening in recent data helps build consensus around the government’s ability to meet its GDP target.
France Vows Taxpayers Won’t Have to Pick Up Tab to Stage Olympics
As Olympic fervor builds in Paris, there is one thing President Emmanuel Macron’s government is particularly proud of: how little money they plan to spend.
Zelenskiy Seeks More Europe Support as Funding Worries Mount
Ukrainian President Volodymyr Zelenskiy met with European leaders to press for continued support against Russia’s invasion, amid concerns about the continued flow of US aid.
Israeli Shekel Near Seven-Year Low as Political Turmoil Looms
Israel’s shekel weakened toward a seven-year low as traders brace for fresh tumult surrounding the government’s controversial efforts to weaken the power of the judiciary.
