•The Indian government has directed state-owned ONGC to build and fill a new strategic petroleum reserve site with an estimated $1.6 billion investment.
•Maisons du Monde signed a conciliation agreement with a new investor consortium (Alteri and Eicos) and banks to restructure debt and strengthen equity.
•The company reported a FY 2025 net loss of €406m, primarily driven by €350m in non-cash asset impairments.
•Q1 2026 sales fell by 2.8% on a like-for-like basis, while the group achieved €45m in gross cost savings.
•The EU is set to remove barriers preventing banks from moving funds across the bloc, according to a Financial Times report citing a draft EC document.
