One in fifteen European companies are facing significant pressure to restructure this year after being hit by higher financing costs and weakening consumer demand, with Germany, Austria and the Nordics particularly under strain, according to a report by Boston Consulting Group.
Oil Falls After OPEC+ Signals Plan to Return Barrels to MarketOPEC+ Has Outline Deal Extending Key Oil Production CutsEllison’s Latest Paramount Offer Includes $15-a-Share SweetenerBursts of Free Power Raise Red Flags for Green Tech InvestorsMacron Gets Debt Reprimand as S&P Hits France With DowngradeKey Engines of US Consumer Spending Are Losing Steam All at OnceUK Debt Hangover Ties Next Government’s Hands, Whoever WinsSaudi Aramco’s $12 Billion Stock Offer Sells Out in HoursCarry Trades...
Energy Secretary calls for more nuclear power while celebrating US$35 billion Georgia reactorsThe Daily Chase: GDP comes in softer than expectedThe Daily Chase: Strong numbers from RBC, CIBC cap earnings from big banksCan AI-driven efficiencies address Canada's lagging economic productivity?The Daily Chase: Light trading day on holidays in U.S.
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