Libby Cherry

Finance
U.K. faces highest level of financial distress in Europe with corporate deleveraging at its peak since 2008
BYLibby Cherry and Bloomberg
Retail
LVMH billionaire Bernard Arnault enters race to acquire Venice’s iconic Hotel Bauer—with bids rising over €275 million
BYLaura Benitez, Angelina Rascouet, and others
Finance
1 in 15 European companies face restructuring pressure, with Germany, Austria and the Nordics taking the lead
BYLibby Cherry and Bloomberg
Companies
London’s historic luxury department store, Selfridges, is hunting for cash following the implosion of its property titan co-owner
BYLibby Cherry, Lucca de Paoli, and others
Companies
Once a luxury property billionaire rubbing shoulders with Europe’s elite, Rene Benko’s empire is now coming apart at the seams with his two biggest vehicles filing for insolvency
BYLibby Cherry and Bloomberg
Finance
Markets are cheering Liz Truss’ resignation as the pound extends gains. ‘It’s positive for both the pound and gilts in the long run’
BYLibby Cherry, Alice Gledhill, and others