Irene Garcia Perez

Apollo Global Management Inc. is investing in startup Vega and adopting its technology that looks to improve service for clients looking to further their investments in private markets.

Valencia CF has reached an agreement to refinance its debt, paving the way for the Spanish football team to raise funds for a new stadium ahead of the 2030 FIFA World Cup.

Valencia CF has reached an agreement to refinance its debt, paving the way for the Spanish football team to raise funds for a new stadium ahead of the 2030 FIFA World Cup.

Altice France and a group of secured creditors ended their first round of discussions without reaching a deal over how to restructure the company’s €24.4 billion pile of debt, according to a statement on Thursday.

Swedish debt collector Intrum AB filed for bankruptcy protection in the US to implement a restructuring deal for its 58.4 billion krona ($5.3 billion) debt pile.

Intrum's troubles stem from the financing of nonperforming loans with high-yield bonds when interest rates were near zero.

(Bloomberg) -- Swedish debt collector Intrum AB filed for bankruptcy protection in the US to implement a restructuring deal for its 58.4 billion krona ($5.3 billion) debt pile.

Northvolt AB filed for bankruptcy protection in the US after failing to secure a lifeline for its battery-cell business in a faltering market for electric vehicles.

The move caps months of talks with owners, customers and creditors to find a way for Europe's rare homegrown maker of EV batteries to continue operations. The company slashed jobs and nixed expansion plans in a bid to overcome a cash squeeze that intensified over the autumn, after it lost a key contract and was unable to access $1.5 billion in loan guarantees.

The Swedish company filed for Chapter 11 in the Southern District of Texas, it said in a statement on Thursday. The court process protects the company from creditors, allowing operations to continue as it restructures its balance sheet.