Casas Bahia Reports R$10.1 Billion Loss and Puts Judicial Recovery Back on the Table
Companies

Casas Bahia Reports R$10.1 Billion Loss and Puts Judicial Recovery Back on the Table

Brazilian retailer posts an 18-fold increase in quarterly net loss, closes 298 stores and says formal debt restructuring...

Declan Byrne 👁 59 💬 0
IMF Sends First Mission to Venezuela in Over Two Decades as Country Seeks Economic Reopening
Economy

IMF Sends First Mission to Venezuela in Over Two Decades as Country Seeks Economic Reopening

A high-level IMF team met with acting President Delcy Rodríguez, marking a dramatic shift in Caracas’ relationship with ...

Niamh O'Sullivan 👁 36 💬 0
Anicut Capital Takes Control of Bira 91 Founder’s Stake, Leads Debt Restructuring
Companies

Anicut Capital Takes Control of Bira 91 Founder’s Stake, Leads Debt Restructuring

Venture debt firm Anicut Capital has seized the pledged 17.8% stake of B9 Beverages founder Ankur Jain and will appoint ...

Declan Byrne 👁 32 💬 0
Nostrum Oil & Gas in Advanced Sale Talks for Kazakhstan Business Amid Debt Crisis
Companies

Nostrum Oil & Gas in Advanced Sale Talks for Kazakhstan Business Amid Debt Crisis

British-listed Nostrum Oil & Gas is in due diligence with a revived buyer for its Kazakh oil and gas assets, aiming to p...

Declan Byrne 👁 44 💬 0