Reuters
- 5 hours ago
... * Secured lenders to provide about $90 mln in DIP financing. * Expects to cut debt to $135 mln from $300 mln. * Expects to complete the restructuring within six months (Adds analyst comment, Friday share closing).
Reuters
- 11 hours ago
LONDON European shares followed Asian stocks higher on Monday while the dollar was on the defensive after Friday's weak U.S. jobs data signaled the era of low-cost money had further to run.
Reuters
- 1 hour ago
LONDON Euro zone business activity grew at its weakest pace in four months during September but in one encouraging sign for the European Central Bank, service firms raised prices for the first time in four years, surveys showed on Monday.
Reuters
- 4 hours ago
LONDON Oct 5 Shares in trader and miner Glencore surged as much as 20 percent in London on Monday, following a 25-percent leap on the Hong Kong market, as hopes for deal-making trumped worries over a slump in metals prices.
New York Times
- 1 hour ago
PARIS - Union activists protesting proposed layoffs at Air France stormed the headquarters during a meeting, zeroing in on two managers who had their shirts torn from their bodies, scaled a fence and fled under police protection.