The Venezuelan government announced the start of a “comprehensive and orderly” restructuring process for its sovereign debt and that of state-oil company PDVSA. Source: Bloomberg Markets · Summarized by HeadlinesBriefing Related articles'Why not take advantage?' - did hydration breaks spark England comeback?U.S. Allows Venezuela to Begin Debt Restructuring ProcessBotched final play sees Luka hesitate, LeBron missVenezuela Launches Effort to Ease Its $170 Billion Debt LoadEngland booed off after limp Japan defeatMore from Bloomberg MarketsBraskem Shareholders Pull Funding Offer as Debt Talks Hit SnagsSupreme Court to Hear Goldman Sachs’ Bankruptcy Arbitration BidQuick Mart IPO Draws Strong Demand as Kenyan Listings Pick UpCanadian Dollar Set for Worst Week Since September on Weak JobsWalleye to Return $2 Billion to Clients in Stocks Trading ResetLatest in Public MarketsAlphabet’s Drone Unit to Invest Up to $125 Million in New Texas Facility · Wall Street Journal US BusinessGlobal Stocks Follow U.S. Sell-Off as A.I. Spending Fears Spread · New York Times Top StoriesTime’s Up, Hegseth · New York Times Top StoriesPrecious Metals Post Weekly Gains · Wall Street Journal MarketsThe Stock Market Can Be Volatile. Here’s How to Stay Calm. · New York Times Top StoriesRelated briefingsMarkets 24-Hour BriefingMarkets 8-Hour BriefingHomePublic MarketsVenezuela Kickstarts $170 Billion Debt Restructuring ProcessSectionsHomePublic MarketsPrivate MarketsTech & GamesMobileDeveloperF1Sports