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Headlines
Indian SC to Hear Glas Trust's Plea Against Aakash Rights Issue
The Supreme Court in India on Friday agreed to hear on Monday an appeal by U.S.-based Glas Trust Co. against Aakash Educational Services' move to conduct a rights issue that would reduce Byju's parent Think & Learn's stake…
Brazil's Azul Reaches Deal with Unsecured Creditors in Chapter 11 Proceeding
Brazilian airline Azul reached a settlement with unsecured creditors, advancing its financial restructuring after having filed for chapter 11 protection in May, the firm said on Saturday, Reuters reported. The settlement…
Glencore to Close Canada's Largest Copper Operations over Costs
Glencore is planning to shut its Horne smelter, Canada's largest copper metal-producing operation, due to environmental issues and the large expenses needed to upgrade the facility, Reuters reported, although the company said it…
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