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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 ,

Japan PM Kishida meets Sri Lanka president on debt repair talks

Crisis-stricken Sri Lanka should be able to conclude newly launched debt restructuring talks by September, or November at the latest, its president said on Thursday, adding that the negotiations had made "remarkable" progress. ....

Sri Lanka , United Kingdom , France General , Ranil Wickremesinghe , Shri Navaratnam , Fumio Kishida , Paris Club , International Monetary Fund , Thomson Reuters Trust Principles , Prime Minister Fumio Kishida , South Asian , President Ranil Wickremesinghe , Tetsushi Kajimoto Editing , Thomson Reuters Trust ,

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 ,