Bloomberg Bondholders of Reliance Communications Ltd., the embattled Indian mobile phone operator controlled by billionaire Anil Ambani, have hired advisers after the company defaulted on its dollar-denominated notes in November. Certain investors holding a significant percentage of the securities have formed a committee, which has appointed PJT Partners Inc. as its financial adviser and Kirkland & Ellis LLP as its ...

Bloomberg The US urged Russia to halt a renewed bout of fighting in the four-year conflict in eastern Ukraine following the Kremlin’s decision to withdraw from a military-monitoring mission. Ukraine, which has been battling Russian-backed insurgents near the two nations’ border since 2014, said eight civilians were wounded on Tuesday by heavy artillery and mortar fire. Two soldiers were killed, ...

Bloomberg Mariano Rajoy’s People’s Party is facing substantial losses in Thursday’s Catalan elections as pro-Spain voters punish the prime minister for his cautious response to the push for independence. The PP could lose as many as eight of its 11 seats in the Catalan assembly as voters opposed to secession shift their support to the more hawkish Ciudadanos, according to ...