The move comes after Saks Global struggled with debt it took on to buy rival Neiman Marcus, lagging department store sales ...

Foreign demand for United States government IOUs has never been higher, even as the country's overall borrowing soars to ...

It's one of the largest retail collapses since the pandemic, barely a year after a deal intended to create a luxury ...

The luxury giant is unlikely to make good within the grace period or achieve promised savings from last year’s $2.7 billion ...

LONDON (Reuters) -Global debt hit a record high of $337.7 trillion at the end of the second quarter, driven by easing global financial conditions, a softer U.S. dollar and a more accommodative stance ...

Saks Global’s bankruptcy filing reveals over $700 million USD in debt owed to its largest unsecured creditors, with iconic ...

The owner of Saks, Neiman Marcus and Bergdorf Goodman becomes the highest-profile department-store chain to file for chapter ...

Kuaishou is China’s second-largest short-form video platform and the third-largest mobile app in the country by total user ...

For decades, “private credit” was synonymous with rigid structures and standardized term loans with fixed covenants that resembled off-the-shelf products. That’s changing. Today, wha ...