S&P warns on US insurers’ growing bet on private credit
Rating agency says surging market’s opacity and illiquidity could pose risks to the industry
Economic news
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Court ruling seeks to cool creditor-on-creditor violence
ConvergeOne restructuring decision leaves parties in other current deals scrambling to reset negotiations over claims
Europe’s flagship green steel start-up Stegra fights for survival
Swedish company’s board discusses insolvency as it struggles to plug funding gap of up to €1.5bn
France will soon test the boundaries of the EU’s backstop
Europe should design an insurance facility to act as a buffer at the heart of monetary union
Asian markets fall and gold soars as US-China trade tensions rise
Donald Trump strikes more conciliatory tone after threatening Beijing with 100% tariffs
India set for blockbuster IPO month with $5bn in listings
Tata Capital and LG Electronics India debut this week as companies take advantage of market rebound from Trump turmoil