Jakarta, Indonesia—Garuda Indonesia has entered a court-supervised restructuring process as the debt-ridden airline tries to rescue itself from bankruptcy.
The new attempt to save the...
"I had firsthand experience."
We do understand the reason why Philippine Airlines, the country’s flag-carrier, has filed for bankruptcy.
When the government decided to enforce the...
By Joe Jackson
London—Philip Green is a rough-around-the-edges entrepreneur knighted for services to retail before scandals, a bankruptcy and claims of tax avoidance tarnished his...
London—British clothing retailer Arcadia, ravaged by coronavirus lockdowns and fierce online competition, remains on the brink of bankruptcy despite an emergency loan offer, the...
By Andrew Beatty
Sydney, Australia"•Airlines worldwide face an unprecedented existential threat as the coronavirus shuts down global travel, leaving governments with controversial and costly decisions...
Washington"•The Boy Scouts of America filed for bankruptcy Tuesday in what it said was an effort to safeguard compensation payouts for sexual abuse victims.
The...
Berlin"•Berlin-based airline Germania has filed for bankruptcy and cancelled all flights with immediate effect, the company said early Tuesday.
The airline with 37 aircraft had...
Sao Paulo"•Cash-strapped Avianca Brasil, the country’s fourth-largest airline, on Tuesday sought bankruptcy protection from creditors but reassured passengers that flights will continue.
“Due to resistance...
TOKYO"•Takata executives faced angry investors Tuesday after the company at the center of the world’s biggest auto safety recall filed for bankruptcy and said...
