Casino Guichard-Perrachon SA has entered into a lock-up agreement with a consortium of investors led by Daniel Kretinsky and a majority of its secured creditors to move forward with a restructuring plan.
The longest winning run for euro high-yield company bonds since 2021 is under threat as troubles mount for Europe’s riskiest borrowers.
European Central Bank Governing Council member Peter Kazimir reiterated that he hopes interest-rate increases have finished following September’s 10th straight move.
Indian stocks primed for the country’s hosting of the Cricket World Cup have spiked leading up to the 45-day event’s start. More gains may be in the pipeline.
Amazon.com Inc. and Microsoft Corp.’s cloud services face an investigation by the UK’s antitrust watchdog over concerns the US firms may be abusing their market power.
Growth stocks are the place to be for the long term, despite higher-for-longer interest rates, because they are more resilient in the face of recession, according to Citigroup Inc. quantitative strategists.
The public’s distrust of institutions and lack of literacy in spotting fake images, videos and audio complicates efforts to combat AI disinformation
Caroline Ellison sank to the trading-room floor and, exhausted and tearful, tried to explain.
Microsoft Corp. has “fundamentally altered” its combat goggles, changing them from a bulky helmet to a streamlined flip-up visor to improve the prospect that soldiers will embrace the $22 billion project, according to the Army’s chief weapons buyer.
An investigation into the causes of a deadly bus crash near Venice has not yet been completed, but Italian authorities are focusing on questions including a roughly 2-meter (6.6-foot) missing section of guardrail near where the vehicle plunged off a bridge.
