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Bankrupt Party City needs Halloween costumes

  Bloomberg As Party City Holdco Inc wades through bankruptcy, some of its most important vendors are banding together to negotiate better trade terms for a holiday the company relies on: Halloween. Halloween orders are placed months ahead of time, meaning costume suppliers have to decide soon what they’re willing to ship to the bankrupt party supplier and on what ...

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Oil extends longest run of losses this year ahead of Fed minutes

  Bloomberg Oil extended its longest run of losses this year ahead of the release of Federal Reserve minutes that may provide further clues on the path forward for monetary tightening in the US. West Texas Intermediate traded near $76 a barrel after declining for a fifth session. The prospect of more aggressive interest-rate hikes from the Fed to quell ...

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Eskom’s $13.9bn debt plan opens up power provision

Bloomberg South Africa’s stricken power utility will receive $13.9 billion in debt relief from the government over the next three years, provided it brings in private partners to help operate its plants and electricity transmission network. The package will strengthen the Eskom Holdings’s balance sheet and cover all interest payments over the next three years, budget documents presented by Finance ...

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