Bankruptcy – THE OVAL CIRCLE

EU nation swept by wave of bankruptcies – Bloomberg

Posted on February 3, 2023February 3, 2023By Editor

The number of insolvent firms in Sweden increased sharply in January, the outlet reports. … Read More >EU nation swept by wave of bankruptcies – Bloomberg

Business

Investors dumping crypto in record numbers after FTX collapse – data

Posted on December 20, 2022December 20, 2022By Editor

Analysts warn of more bankruptcies ahead amid the plunge in confidence in digital assets. … Read More >Investors dumping crypto in record numbers after FTX collapse – data

German health minister warns of hospital closures

Posted on October 17, 2022October 17, 2022By Editor

Berlin must act “quickly and drastically” to avoid healthcare shortfall, Karl Lauterbach says. … Read More >German health minister warns of hospital closures

Business

Japan sees record surge in corporate bankruptcies – media

Posted on October 17, 2022October 17, 2022By Editor

More than 3,000 companies went bankrupt in April-September as businesses failed to pay off Covid-related debts. … Read More >Japan sees record surge in corporate bankruptcies – media

Business

Thousands of German stores on brink of closure – Spiegel

Posted on October 5, 2022October 5, 2022By Editor

Energy costs in the country have increased by nearly 150% since the beginning of the year. … Read More >Thousands of German stores on brink of closure – Spiegel

Business

Ex-energy boss warns Poles of gas threat

Posted on August 28, 2022August 28, 2022By Editor

Companies may be forced to pay more on the spot market, Petr Wozniak says. … Read More >Ex-energy boss warns Poles of gas threat

Russia

Google’s Russian subsidiary to file for bankruptcy after bank account seized

Posted on May 25, 2022May 25, 2022By Editor

May 18 (Reuters) – Google’s Russian subsidiary plans to file for bankruptcy after authorities seized its bank account, making it impossible to pay staff and vendors, but free services including search and YouTube will keep operating, a Google spokesperson said on Wednesday. … Read More >Google’s Russian subsidiary to file for bankruptcy after bank account seized

World

Ukrainian Miners Warn of Imminent Threat of New Radioactive Environmental Disaster in Country

Posted on December 19, 2020August 27, 2022By Editor

Ukraine and nearby European countries have already suffered once as a result of major contamination from nuclear material following an explosion at the Chernobyl Nuclear Power Plant back in 1986. … Read More >Ukrainian Miners Warn of Imminent Threat of New Radioactive Environmental Disaster in Country

Business

World’s largest offshore rig owner files bankruptcy

Posted on August 22, 2020August 22, 2020By Editor

UK-based offshore drilling contractor Valaris has filed for bankruptcy protection in the United States, offering creditors to swap some $6.5 billion of its $7.8-billion debt pile for equity. The company is the largest offshore rig owner in the world. … Read More >World’s largest offshore rig owner files bankruptcy

USA

US Banks Reportedly Set to Seize Oil and Gas Assets Fearing Energy Firms Bankruptcy

Posted on April 12, 2020April 12, 2020By Editor

The energy sector has been suffering from a massive drop in oil prices caused by excessive supply amid the coronavirus pandemic and the curtailment of economic activity around the world. Some US oil producers have already been forced to file for bankruptcy due to skyrocketing debts. … Read More >US Banks Reportedly Set to Seize Oil and Gas Assets Fearing Energy Firms Bankruptcy