bankruptcy

Image for Russia considers moratorium on bankruptcies of indebted metals giants
Headlines

Russia considers moratorium on bankruptcies of indebted metals giants

MOSCOW (Reuters) -Russia is considering a moratorium on bankruptcies in the metals industry, a gover...

10th September, 2025

Image for GAC Fiat Chrysler Automobiles joint venture declared bankrupt
Headlines

GAC Fiat Chrysler Automobiles joint venture declared bankrupt

BEIJING (Reuters) -GAC Fiat Chrysler Automobiles, a joint venture between Stellantis and China's Gua...

8th July, 2025

Image for Swiss solar panel maker Meyer Burger files for US Chapter 11 bankruptcy relief
Finance

Swiss solar panel maker Meyer Burger files for US Chapter 11 bankruptcy relief

ZURICH (Reuters) -Swiss company Meyer Burger has filed for voluntary Chapter 11 bankruptcy relief in...

25th June, 2025

Image for Battery maker Northvolt gets indicative bid, bankruptcy trustee tells Swedish radio
Headlines

Battery maker Northvolt gets indicative bid, bankruptcy trustee tells Swedish radio

COPENHAGEN (Reuters) -Northvolt's bankruptcy trustee has received an indicative bid from a foreign i...

24th June, 2025

Image for Wolfspeed nears bankruptcy deal with lenders including Apollo, Bloomberg News reports
Finance

Wolfspeed nears bankruptcy deal with lenders including Apollo, Bloomberg News reports

(Reuters) -Wolfspeed will be taken over by creditors including Apollo Global Management under a prop...

18th June, 2025

Image for Bernie Madoff customers to recoup $498 million, payout tops $15 billion
Headlines

Bernie Madoff customers to recoup $498 million, payout tops $15 billion

By Jonathan Stempel NEW YORK (Reuters) -Former customers of the late Ponzi schemer Bernard Madoff wi...

4th June, 2025

Image for Northvolt to wind down battery making in Sweden by the end of June
Headlines

Northvolt to wind down battery making in Sweden by the end of June

STOCKHOLM (Reuters) -Swedish automotive battery maker Northvolt, which declared bankruptcy in March,...

22nd May, 2025

Image for Telefonica hires Rothschild to help sell its Peru unit, El Confidencial reports
Finance

Telefonica hires Rothschild to help sell its Peru unit, El Confidencial reports

MADRID (Reuters) -Spanish telecommunications company Telefonica has hired Rothschild to help it sell...

6th March, 2025

Image for Forever 21 plans nearly 200 store closures in second bankruptcy, Bloomberg News reports
Finance

Forever 21 plans nearly 200 store closures in second bankruptcy, Bloomberg News reports

(Reuters) - The U.S.-based operator of Forever 21 was preparing to close at least 200 more locations...

19th February, 2025

Image for Northvolt sells stake in battery unit to Volvo, to explore North American deals
Headlines

Northvolt sells stake in battery unit to Volvo, to explore North American deals

STOCKHOLM (Reuters) - Volvo Cars has signed an agreement to buy struggling Swedish battery maker Nor...

29th January, 2025

Image for Northvolt appoints restructuring expert to oversee main battery plant
Uncategorized

Northvolt appoints restructuring expert to oversee main battery plant

COPENHAGEN (Reuters) – Northvolt has appointed restructuring expert Paul O’Donnell to oversee the li...

20th November, 2024

Image for Sweden’s Northvolt appoints restructuring expert to oversee main facility -report
Business

Sweden’s Northvolt appoints restructuring expert to oversee main facility -report

COPENHAGEN (Reuters) – Northvolt has appointed restructuring expert Paul O’Donnell to oversee the li...

20th November, 2024