World shares rallied to a record peak on Wednesday following an overnight surge that saw the Dow Jones benchmark crack 30,000 for the first time as investors cheered a dramatically improved global outlook. The formal start of U.S. president-elect Joe Biden's transition to the White House and increasing confidence a COVID-19 vaccine would be ready soon ushered in renewed appetite for global shares. After weeks of waiting, President Donald Trump's administration on Monday cleared the way for Biden to prepare for the start of his administration, giving him access to briefings and funding.
India's National Stock Exchange (NSE) privately warned Future Retail it risked regulatory action for not making timely market disclosures about efforts by Amazon.com to block a disputed asset sale, according to e-mails reviewed by Reuters. Future Retail - one of country's top retailers - has been locked in a bitter dispute with Amazon over its $3.4 billion retail assets deal with Reliance Industries. Amazon is a business partner of Future and argues the Indian firm's asset sale breached some of their pre-existing agreements.
CGG Exits its Safeguard Plan by AnticipationParis, November 25, 2020By a ruling issued on November 24, 2020, the Commercial court of Paris acknowledged completion of CGG’s safeguard plan, following the early settlement in full of all its creditors.This ruling puts a definitive end to the financial restructuring process successfully run by the CGG Group since 2017. About CGGCGG (www.cgg.com) is a global geoscience technology leader. Employing around 4,000 people worldwide, CGG provides a comprehensive range of data, products, services and equipment that supports the discovery and responsible management of the Earth’s natural resources. CGG is listed on the Euronext Paris SA (ISIN: 0013181864).ContactsGroup Communications & Investor Relations Christophe Barnini Tel: + 33 1 64 47 38 11 E-Mail: email@example.com AttachmentCGG - Press Release pdf version