Latest News for: Bankrupt company

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China Evergrande veers toward default - and a $300 billion global shock

Union Leader 22 Sep 2021
Evergrande, the company he founded in 1996, was among China's largest developers ... That Beijing is even considering allowing such a large company to go bankrupt, something that would have been unthinkable a decade ago, reflects a shift in government priorities, analysts said.
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Evergrande And The Strange China Feud of Soros & BlackRock

The Liberty Beacon 22 Sep 2021
... troubled Chinese companies, itself had to be bailed out by the state to prevent what many feared would be China’s “Lehman crisis.” Huarong is one of four such state-owned companies created in the wake of the 1998 Asia financial crisis to manage assets of bankrupt state companies.
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Can the energy market survive this crisis?

BBC News 21 Sep 2021
Now, mainly tiny companies, many of which aren't even well known to subscribers of ... And should energy companies succeed in limiting future competition as the price of maintaining seamless supply to customers of bankrupt companies, then those prices may not come down quickly.
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Scores of internet-providing satellites will soon streak across Canada's skies, but at what cost?

Phys Dot Org 21 Sep 2021
Several internet-service companies are planning to launch tens of thousands of satellites in the near future, resulting in a 20-fold increase of these objects in the Earth's lower orbit ... He says another consideration is what happens if these companies go bankrupt and can no longer manage satellites already in orbit.
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How car rentals explain the 2021 economy

Finance & Commerce 21 Sep 2021
With a glut of cars — a much higher supply of rentals than demand — prices plummeted; major rental car companies sold off hundreds of thousands of vehicles; and Hertz went bankrupt ... With demand surging and the supply of cars still depressed, rental car companies hiked prices.
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Americans still reeling from resurgence of pandemic

The McDonough County Voice 21 Sep 2021
Companies like Payless, Sears and Toys ‘R’ Us went bankrupt; malls declined or died. Besides COVID, private-equity firms harvested companies’ revenues and left behind huge debts; some financially stressed department stores downsized; and malls are converting spaces into groceries, offices or housing.
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Make drillers, not taxpayers, cover cleanup costs

Colorado Politics 20 Sep 2021
Not a shock, right? However, I was shocked to read in a new report that dozens of oil and gas executives received hundreds of millions of dollars in payouts while their companies went bankrupt, leaving taxpayers with the mess to clean up ... after their companies went bankrupt.
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OPINION | Make drillers, not taxpayers, cover cleanup costs

Colorado Politics 20 Sep 2021
Not a shock, right? However, I was shocked to read in a new report that dozens of oil and gas executives received hundreds of millions of dollars in payouts while their companies went bankrupt, leaving taxpayers with the mess to clean up ... after their companies went bankrupt.
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How to Keep Your Company Safe and Secure

The Signal 20 Sep 2021
If your company is involved in a settlement, it may negatively impact your insurance cost, but it can save your company from going bankrupt ... Keeping your business safe and secure is critical to your long-term success because one accident or one lawsuit can be enough to bankrupt you and your company.
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Montenegro Makes Mockery of 1991 ‘Ecological State’ Declaration

Balkan Insight 20 Sep 2021
Three decades on, the country has little to show for it ... EU pressure ... The government rejected the request of the bankrupt private salt company Bajo Sekulic for property rights to the area ... “Instead of protecting the interests of the citizens, Ministry for Capital Investments secretary represent the companies that are drilling the Adriatic for oil ... .
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The Strange China Feud of Soros & BlackRock

The Liberty Beacon 20 Sep 2021
... troubled Chinese companies, itself had to be bailed out by the state to prevent what many feared would be China’s “Lehman crisis.” Huarong is one of four such state-owned companies created in the wake of the 1998 Asia financial crisis to manage assets of bankrupt state companies.
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Kwarteng to hold emergency meeting with gas chiefs over price crisis

The Observer 19 Sep 2021
Kwarteng said small firms would be allowed to go bankrupt, with their customers auctioned off to the company prepared to offer them the cheapest rate, in an attempt to keep payments down and households off far higher tariffs ... Carbon dioxide is a byproduct of fertiliser manufacture, and the company supplies 60% of the UK market.
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Yet more reasons to get vaccinated

Arkansas Democrat-Gazette 19 Sep 2021
Let's say you really believe it's your business if you don't want to get vaccinated, and you figure most kids will be able to survive a case of covid-19 ... You're not going to get vaccinated unless you have a good reason ... Bankrupt companies can't offer vacations, health coverage, and retirement benefits. Those are facts ... You still have time ... .
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Evergrande execs redeemed investment products ahead of looming bankruptcy

Russia Today 18 Sep 2021
Six top managers of Chinese real estate major Evergrande had redeemed some of its investment products in advance earlier this year, the company said on Saturday, a day after it admitted to a risk of going bankrupt ... The company’s debts have reportedly ballooned to more than $300 billion.
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Outcast 2 Resurrects The 1999 Cult Classic

Gamespot 18 Sep 2021
Developer Infogrames tried to make a sequel, but the studio went bankrupt and nothing ever came from it. THQ Nordic later acquired the rights and today at the company's 10th anniversary event, announced Outcast 2. A New Beginning ... The sequel picks up right where the first game left off.
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