0606 GMT - A reorientation of global trade flows is likely to place sustained pressure on European companies, according to the latest Weil European Distress Index, which tracks the deterioration in financial-market conditions and company performance. All sectors are expected to experience pressure from trade shifts as the year unfolds, law firm Weil says in the report. "As global and regional challenges continue to evolve in the coming months, businesses will need to stay agile to navigate uncertainty," according to the Weil European Distress Index. The index--which aims to be an early-warning indicator of a default wave--showed a rise in corporate distress across Europe as of February, reaching its highest level in six months. (adria.calatayud@wsj.com)
(END) Dow Jones Newswires
April 01, 2025 02:06 ET (06:06 GMT)
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