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Monday, September 29 2025

Benko's Insolvent Signa Holding Faces Creditor Claims of 8.4 Billion Euros

Signa Holding, the insolvent entity at the top of Austrian ex-billionaire Rene Benko's fallen property empire Signa, faces 8.35 billion euros ($9.8 billion) in claims by creditors, of which it disputes 5.6 billion, its…

Austria

Abra Pulls Plug on Gol-Azul Deal, Ending Talks on Major Brazil Airline Merger

Airline group Abra has decided to terminate talks on a potential merger between Brazilian carrier Gol, which it controls, and rival Azul , a securities filing showed late on Thursday, Reuters reported. The move ends prospects for…

Brazil

Bank of Mexico Makes 10th Straight Interest-Rate Cut

The Bank of Mexico cut its benchmark interest rate to a three-year low Thursday as expected and said further reductions are possible, while it still sees inflation returning to its target next year, the Wall Street Journal…

Mexico