BLOOMBERG Czech investor Daniel Kretinsky proposed a €1.1 billion ($1.2 billion) equity investment in debt-laden French grocery operator Casino Guichard-Perrachon SA that could end Jean-Charles Naouri’s control over the struggling company. Kretinsky would invest as much as €750 million in a reserved capital increase, Casino said. Under his proposal, Fimalac, another Casino shareholder, would be able to put in as ...

BLOOMBERG Indian and Chinese military commanders met along their Himalayan border over the weekend ahead of a planned meeting of their defense ministers at a Shanghai Cooperation Organization session later this week, officials with knowledge of the matter said. The neighbours, who share a 3,488 kilometre (2,167 miles)-long disputed border, have been locked in their worst dispute in four decades ...

BLOOMBERG The biggest two-day slide in Chinese stocks this year suggests traders may be losing faith in the market’s rebound as they reassess inherent risks including geopolitical tensions and a fragile economy. The CSI 300 benchmark has closed 1.2% lower to breach a key technical level, led by declines in technology and materials shares. That added to a 2% drop ...