British Council’s £197m debt should mostly be written off, MPs say
Commons report calls on Foreign Office to bail out soft-power flagship reeling from job cuts and asset salesMinisters should explore writing off a cri...
CoreWeave’s debt is becoming the whole AI industry’s problem
CoreWeave had a bad week last week. Its bonds slipped into distressed territory by a common definition - when investors demand 1,000 basis points more...
France hit by debt sell-off as protests unnerve investors
After Macron condemned ‘unbridled violence’, difference between French and German 10-year borrowing costs widensBusiness live – latest updatesFrance w...
Tech market sell-off deepens amid fears over US inflation and AI debt
Chip makers and tech investors such as Samsung and SoftBank plunge as global investors fret over potential interest rate hikesBusiness news – live upd...
Republican US senator facing re-election settles six-year bakery debt
Roger Marshall says he has ‘no idea how this happened’ and repaid bill double for 2020 election watch party treatsThe Republican US senator Roger Mars...
Medical debt is crushing hospital patients in LA. Health officials may have a fix
In Los Angeles County, the nation's most populous, a new system could screen hospital patients for financial aid, preventing hundreds of thousands fro...
IMF chief urges governments to tighten belts as global debt levels soar
Kristalina Georgieva says big economies will have to make ‘very touch choices’ as soaring bond yields hit budgetsBusiness live – latest updatesThe hea...
Euro falls to 17-month low against dollar amid French debt fears
France’s CAC 40 index slides as announcement of snap election in Spain also helps fuel eurozone uncertaintyBusiness live – latest updatesThe euro has ...
Man Utd still £1bn debt with £63.5m spent on new stadium
Manchester United's overall debt remains over £1bn despite Sir Jim Ratcliffe's extensive cost-cutting measures, with the club also confirming it has s...
US treasury to buy back $6bn in government debt to alleviate bond market
Scott Bessent made announcement on Wednesday as bond yields rose to highest point since 2008 financial crisisUS politics live – latest updatesThe US t...
Recruiter places ‘phoenix’ firm into liquidation just months after repurchase erased millions in debt
New company reportedly quickly fell behind with promised repayments to administratorA recruitment executive who was allowed to buy back the assets of ...
Neocloud Lambda secures $1B in debt to buy more chips
Neocloud Lambda has raised $1B in private debt to buy Nvidia AI chips and lease them to Microsoft. It's the latest in a string of loans, underscoring ...
Three things to know about the $40 trillion federal debt
The U.S. federal debt hit a record $40 trillion this week. The debt has doubled since 2017, and just paying interest on the accumulated debt now costs...
