Bonds issued by Air Baltic Corp slumped further into deeply distressed levels after the ailing Latvian airline announced plans to swap much of its debt for equity as part of a restructuring plan.

KYIV—Travel to Dnipro or Kharkiv, cities close to Russian-occupied Ukrainian territory, and the first impression might be one of improbable normalcy. Families stroll through manicured parks. Restaurants and hotels are packed with foreigners and locals. Commerce spills onto buzzing streets. Look clos

Guggenheim’s Mark Walter sells team after just a year of ownership amid US inquiry into insurance empire

Wendy's jumps on report investor Nelson Peltz preparing bid

Azuria Water Solutions announces the acquisition of Patterson Professional Services.

Goldman Sachs Group will pay as much as $2.25 billion to buy Neos Investments, expanding its asset manager’s reach in the actively managed ETF market. Katherine Doherty reports on "Bloomberg Open Interest." (Source: Bloomberg)

Warner Bros. gains amid post on optimism on potential settlement with Calif AG

European stocks steady ahead of US inflation data; geopolitical risks in focus Reuters

After seeing a video of Mark Zuckerberg sparring with a UFC champion on a barge in the middle of Lake Tahoe, you might be inclined to dismiss his man-of-the-people essay published on Monday morning. In it, he tries to position his company — which is paying out hundreds of millions of dollars in dama

Move follows pressure from senior academics after university’s youngest-ever Black professor quit last week over plagiarism allegations