Bloomberg Rallye SA, the indebted parent of French retailer Casino Guichard-Perrachon SA, may soon face a new front in its battle against short sellers. Distressed debt funds betting against the company have been buying up a Rallye bond due in January 2022 that may enable them to force a default, according to people familiar with the matter. That’s because the ...

Bloomberg Ryanair Holdings Plc defended its response to a case of racial abuse on a flight last week, saying the Irish carrier reported the matter to police as soon as it became aware of the incident. A video of the event, that went viral on social media, showed a white man racially abusing a black female pensioner. Cabin crew were ...

Bloomberg More than a day after a brand-new Boeing Co. 737 Max jet flown by Indonesia’s Lion Air plunged into the Java Sea, the search for the plane failed to yield much as investigators continued the grim task of uncovering the cause of the deadly crash. Indonesia’s National Transportation Safety Board said in a statement on Tuesday that it’s scouring ...