IMF Delay Leaves Analysts Split on Ukraine's Interest-Rate Path

IMF Delay Leaves Analysts Split on Ukraine's Interest-Rate Path

Uncertainty over international aid has left economists split over where Ukrainian interest rates will go this week following a first cut in borrowing costs
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GameStop Has Become the Poster Child for Retail Woes and Tech Disruption

It’s been a rough stretch for most retailers—the SPDR S&P Retail ETF is down 16% over the last 12 months. But GameStop is in a class of its own. The videogame seller is down 66% in the last year, even as the S&P 500 has gained 4%. The selloff entered a …
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Eros International locked in 20% lower circuit after CARE downgrade

Shares of Eros International Media were locked in the 20 percent lower circuit at Rs 53.10 on June 6 after rating agency CARE downgraded rating on its bank facilities. The company in its June 5 filing said CARE revised its rating on company’s long-term bank …
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FCA Calls Off Renault Merger, And Investors Doubt PSA Will Step In

The planned merger between Renault and Fiat Chrysler Automobiles (FCA) crashed and burned and investors fear that if the French government derailed it, that probably rules out a counter merger offer from PSA Group for FCA. The French government has a …
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Union: Ford to close plant in Wales that employs 1700

LONDON — A union says Ford plans to close its engine plant in Bridgend, Wales, in September 2020. The GMB union says union leaders are being given the news by company officials on Thursday. Ford is expected to make an announcement later about the …
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