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Cinema chain operator Cineworld expects to exit Chapter 11 bankruptcy in July

Cineworld expects to emerge from Chapter 11 bankruptcy protection in July, the British cinema chain operator said on Thursday, adding that its proposed debt restructuring has the backing of most of its lenders. ....

United Kingdom , Sherry Jacob Phillips , Yadarisa Shabong , Thomson Reuters Trust Principles , Thomson Reuters Trust , Nrlpa Obkrt , Reuters Legal ,

Explainer: What would happen to a Treasury bill after default? Six key questions

The U.S. Treasury Department is at risk of defaulting on its debt if Congress doesn't act to lift the debt ceiling before it is reached, which could happen as soon as June 1. For holders of Treasury bills, notes and bonds, that raises uncertainty over whether the issues they hold will be affected, and what happens if the debt is not repaid or an interest payment is skipped. ....

Alistair Bell , Karen Brettell , Alden Bentley , Thomson Reuters Trust Principles , Fedwire Securities Service , Treasury Market Practices Group , Federal Reserve , Us Treasury Department , Fedwire Securities , Thomson Reuters Trust ,

Foxconn's global dealmaking suffers Sharp shock

Sharp has delivered a wake-up call to Foxconn. The $46 billion iPhone supplier, formally known as Hon Hai Precision Industry , rescued the Japanese electronics group in 2016 with a promise to turn it around. Sharp's surprise $1.6 billion writedown in the three months to March casts doubt on the Taiwanese group's grip on its investment - and its ability to strike similar deals. ....

United States , Thomas Shum , Terry Gou , Samsung Electronics , Hon Hai Precision Industry , Thomson Reuters Trust Principles , Reuters Breakingviews , Topix Index , Liu Young Way , Lordstown Motors , Peter Thal Larsen , Thomson Reuters Trust , Reuters News , Trust Principles , Rati Adas Av Safety , Rati Software Defined Vehicle , Rati Sustainable Ev Supply Chain , Rati Ev Strategy ,

UBS to have 'incredibly high bar' on Credit Suisse staff it takes on - chairman

UBS will have an "incredibly high bar" on investment banking staff it takes on from Credit Suisse following the merger of the two banks, UBS Chairman Colm Kelleher said on Wednesday. ....

City Of , United Kingdom , Colm Kelleher , Tomasz Janowski , Iqbal Khan , Thomson Reuters Trust Principles , Credit Suisse , John Revill Editing , Thomson Reuters Trust , Rsbi Regulatory Oversight , Sustainable Business ,