Up to 800 mln euro loss seen by 2026 amid restructuring costs Proposes unchanged dividend of 15 euro cents per share Shares fall 13% in morning trading Shares fell as much as 13%, with market ...

Wes Edens’ New Fortress Energy Inc. is considering restructuring its debt through a UK process known as a scheme of arrangement, according to people familiar with the situation. The UK court procedure ...

Petrofac's proposed restructuring plan has collapsed amid the withdrawal of a key multi-year contract, the company said on Thursday. "Petrofac confirms it has received notification from TenneT ...

Petrofac shareholders will retain no value in the company after the completion of its chosen restructuring process, the troubled UK contractor said in a statement on Friday. Petrofac on 1 October said ...

Amid rising domestic sovereign debt overhang in some emerging and developing economies (EMDEs), this paper underscores the importance of effective domestic sovereign debt restructuring (DDR) ...

Accenture beat fourth-quarter revenue estimates and unveiled a six‑month, $865 million restructuring to realign its workforce and operations for rising demand in digital and AI services. The ...

Rates of self-reported cognitive disability among U.S. adults are on the increase, driven largely by a surprising jump among young adults ages 18 to 39, according to a new Yale study. In their ...

The University of Chicago is considering a substantial restructuring of the school’s arts and humanities division to cut costs, citing historic financial strain under the Trump administration. In an ...

Seventeen-year-old Maya is sitting in her bedroom, phone in hand, spiraling deeper into a conversation with her AI assistant about her climate anxiety. With each exchange, the LLM, trained on her ...

OpenAI said on Monday it is pursuing a new restructuring plan after conversations with Delaware’s and California’s attorneys general, both of whom were closely watching as OpenAI tried to break free ...