French Government Takes Legal Action Against Greybull Over Failed Novasco Steelmaker Revival
The French government sues British fund Greybull over unmet commitments to the Novasco steelmaker, amid looming liquidation and job losses.
The French government sues British fund Greybull over unmet commitments to the Novasco steelmaker, amid looming liquidation and job losses.
IKKS enters judicial recovery affecting over 1,000 jobs, while major brands flee BHV following Shein's arrival, signaling turmoil in France's fashion retail ahead of Christmas.
France sees highest business failures since 2009 in September 2025, with rising insolvencies among larger firms and industrial sectors.
IKKS has been placed under judicial recovery, threatening over 1,000 jobs as it struggles with pandemic impacts, supply chain disruptions, and industry-wide economic challenges.
France Télévisions is in critical financial straits, facing a projected €40 million deficit for 2025 and calling for urgent reforms.
The French Court of Auditors calls for urgent reforms at France Télévisions amidst alarming financial challenges.