Tag: Bankruptcy
IN A MINUTE: Evergrande files for bankruptcy protection #shorts
One of China’s biggest real estate developers, Evergrande, filed for bankruptcy protection in New York on August 17, 2023, in a move reportedly aimed at protecting its US assets from creditors while it works on a US$3.2 billion debt-restructuring plan. Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube Follow us on: Website: https://scmp.com SCMP Knowledge: https://www.scmp.com/knowledge Facebook: https://facebook.com/scmp Twitter: https://twitter.com/scmpnews Instagram: https://instagram.com/scmpnews Linkedin: https://www.linkedin.com/company/south-china-morning-post/
Taxi operators facing bankruptcy in Japan hit 10-year high, according to survey
Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube The number of taxi operators going bankrupt in Japan has reached a 10-year-high, according to a new survey conducted by local business information provider, Tokyo Shoko Research. Surging energy costs and a shrinking manpower pool due to an ageing population were cited as major reasons for their bankruptcy. However, with the recovery of inbound travel, the…
Tragedy Strikes: 22-Year-Old Ukrainian Athlete Volodymyr Androshchuk Dies, International Olympic Committee Criticized for Moral Bankruptcy
World Heavyweight Champion Oleksandr Usyk Calls on International Olympic Committee to Deny Russian Athletes from Competing Under Neutral Banner in Paris. ‘The Medals They Will Win Are Stained with Blood, Death, and Tears. The post Tragedy Strikes: 22-Year-Old Ukrainian Athlete Volodymyr Androshchuk Dies, International Olympic Committee Criticized for Moral Bankruptcy appeared first on Rich TVX News: Breaking News and Latest Videos.
Crypto brokerage Genesis files for bankruptcy
The collapse of the FTX exchange in late 2022 was the final nail in the coffin for the firm’s crypto lending business Crypto lender Genesis, an industry pioneer and digital currency prime brokerage, filed for US bankruptcy protection from creditors late on Thursday. It is the third major collapse to hit the crypto industry since last year. Genesis Global Holdco, and its subsidiaries Genesis Asia…
Cosmetics giant Revlon files for bankruptcy
Revlon filed for bankruptcy as the cosmetics giant struggles with supply chain issues, a steep drop in sales during the pandemic and competition from celebrities like Kylie Jenner and Rihanna, who have their own cosmetic lines. #revlon #news “CBS Evening News with Norah O’Donnell” delivers the latest news and original reporting, and goes beyond the headlines with context and depth. Catch the “CBS Evening News”…