Business
The Body Shop’s French subsidiary takes a step closer to liquidation
Several other UK high street brands have also gone into administration recently, including Debenhams and Topshop, due to higher interest rates, the cost of living crisis and increasing inflation seen in the UK over the last several months.
Business
French IT company Atos accepts Onepoint's restructuring plan
After weeks of mulling it over, French IT company Atos has finally decided to go with key shareholder David Layani and his IT company Onepoint’s restructuring offer, as opposed to Czech billionaire Daniel Kretinsky’s. Currently, Onepoint owns about 11% of Atos’ total shares.