Prosecutors of the Directorate for Investigating Organized Crime and Terrorism (DIICOT) have been investigating for around a year possible frauds and the activity of an organised criminal group related to real estate developer Nordis, G4media.ro announced, quoting sources familiar with the investigations, Romania-Insider.com reported. However, no individual was indicted despite more than ten complaints filed against those behind Nordis since the beginning of the year, according to PressHub.

Sweden’s National Debt Office has ruled out activating $1.5 billion in credit guarantees for Northvolt AB that were tied to a now-halted expansion of the battery manufacturer’s main factory, Bloomberg News reported. Northvolt suspended the build-out at its plant in northern Sweden last month as it sought to streamline operations and contend with a cash crunch. The troubled electric-vehicle supplier never drew the guaranteed funds, and this week put the unit managing the project at Skelleftea, near the Arctic Circle, into bankruptcy.

Some of the biggest Thames Water bondholders have signed non-disclosure agreements to access sensitive information about the firm as debt talks progress. That also means they can no longer trade the company’s bonds, Bloomberg News reported. The step is key to pushing forward discussions with Britain’s largest water and sewage company about a cash injection to keep operations running. The bondholders that signed the NDA form a steering committee that represents the interests of a creditor group led by Jefferies Financial Group Inc. and Akin Gump Strauss Hauer & Feld LLP.

A subsidiary of corpdSweden's Northvolt filed for bankruptcy on Tuesday after the project it was developing was cancelled, court filings showed, while the rest of the cash-strapped battery making group continued to consolidate operations, Reuters reported. The Northvolt Ett Expansion AB unit had debts estimated at between 2 billion and 3 billion Swedish crowns ($194 million and $290 million), a court-appointed bankruptcy trustee told business daily Dagens Industri.

Germany’s government has selected banks to arrange a potential selldown of power company Uniper SE, which could rank among the country’s biggest share sales in recent years, Bloomberg News reported. Citigroup Inc., Deutsche Bank AG and UBS Group AG have been appointed as joint global coordinators on the potential offering, the people said, declining to be identified because the information is private. More banks could be added to the lineup ahead of the share sale in the first quarter of next year.

More than one in ten British pubs are at imminent risk of closure, with 11% of the UK’s pubs classed as technically insolvent and facing maximum credit risk, according to analysis by accountancy firm Price Bailey, Harpers.co.uk reported. Price Bailey reviewed the credit risk scores and balance sheets of all 37,961 pubs and bars across the UK. It found that 7,445 establishments (20% of the total) have negative net assets, meaning they are technically insolvent. Among these, 4,310 pubs are categorised as having a Maximum Risk score, up from 3,380 a year earlier.

U.K. grocery inflation ticked up slightly after August’s fall, according to the latest report from research firm Kantar, the Wall Street Journal reported. Annual grocery inflation increased to 2% for the four weeks to Sept. 29, up from 1.7% recorded in the month prior. The data comes ahead of the government’s Autumn budget and shows consumer spending remains tight. Spending on promoted items continued to rise, increasing by 7.4% in September as households sought to manage their finances. In comparison, full price sales rose by just 0.3%.

Insolvencies among retail businesses jumped in the third quarter as business advisory giant PwC warned of a fresh spike in both retail and hospitality insolvencies in early 2025 amid ongoing stresses in the two sectors, the Irish Times reported. The retail sector now accounts for one in four of all insolvencies so far this year, PwC’s quarterly insolvency barometer found, with 76 retail businesses becoming insolvent in the three months to the end of September on top of 43 in each of the first two quarters.

German manufacturing orders plunged more than expected in August, adding further gloom to the struggling sector that offers little sign of a recovery, the Wall Street Journal reported. Orders fell 5.8% on month in August, according to data published Monday by Germany’s statistics agency Destatis. That was weaker than economists’ expectations for a 2.0% drop, according to a Wall Street Journal poll, and contrasts with an upwardly revised 3.9% increase in July orders.