Sri Lanka Seeks to Restructure $19.8 Billion of Local Debt
Sri Lanka is seeking to restructure about $19.8 billion of local bills and bonds, equivalent to half of
2023-06-30 15:25
Pakistan Gets IMF Initial Approval for $3 Billion Loan Program
Pakistan clinched an initial approval from the International Monetary Fund for a $3 billion loan program, lowering the
2023-06-30 11:24
KKR sweetens Circor offer again in bidding war with Arcline
Circor International said on Thursday that KKR & Co had raised its offer for the industrial machinery maker
2023-06-30 07:59
Online retailer Overstock rebranding as Bed Bath & Beyond
By Dietrich Knauth NEW YORK (Reuters) -Overstock.com intends to sunset its company name and rebrand as Bed Bath & Beyond
2023-06-30 05:59
Energy crisis and inflation push more German firms into insolvency - study
The number of German firms pushed into insolvency rose in the first half of this year at the
2023-06-29 22:19
US court approves Cineworld's restructuring plan
British cinema chain operator Cineworld Group said on Wednesday that a U.S. court had approved its debt restructuring
2023-06-29 14:58
EV maker Lordstown Motors begins bankruptcy embroiled in disputes
By Dietrich Knauth NEW YORK U.S. electric truck manufacturer Lordstown Motors began its bankruptcy case embroiled in litigation,
2023-06-29 06:51
FTX accuses ex-lawyer of aiding Bankman-Fried's fraud, silencing whistleblowers
By Andrew Goudsward Bankrupt cryptocurrency exchange FTX sued one of its former top lawyers, accusing him of aiding
2023-06-29 02:58
BlackRock Investment Institute sees AI as major driver of equity returns
Shares of AI-focused companies will be a major driver of returns for developed markets in a tough economic
2023-06-28 23:19
China's EV maker Zeekr opens orders for two luxury cars in Sweden, the Netherlands
China's EV maker Zeekr, a unit of Geely Automobile, said on Wednesday two of its all-electric luxury SUVs
2023-06-28 14:19
Circor sticks with sale to KKR despite higher Arcline bid
By Aishwarya Nair Circor International Inc said on Tuesday it would proceed with plans to sell itself to
2023-06-28 07:26
Lordstown Motors files for bankruptcy and sues former partner Foxconn
Lordstown Motors, the EV maker, filed for bankruptcy protection Tuesday and announced a lawsuit against Foxconn, accusing its former partner of setting out to "destroy" its business.
2023-06-27 16:26