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Wework bankruptcy: one of the biggest startup failures of all time, and venture capitalists haven't learned a thing.
WeWork could file for bankruptcy protection from creditors next week, WSJ reported. WeWork, backed by...
November 1, 2023, 2:58 pm
Why lumen technologies stock is crashing today
Lumen's Q3 report arrived with a big earnings miss. The company also announced a major restructuring deal with a group of its ...
November 1, 2023, 1:42 pm
Ftx creditors face new threat: phishing attacks amidst legal turmoil
FTX's creditors are facing phishing attacks amidst the ongoing legal turmoil surrounding the collapse o...
October 23, 2023, 2:00 pm
Rite aid files for bankruptcy, will close underperforming stores
Drugstore company Rite Aid (RAD) filed for bankruptcy, facing slowing sales and opioid litigation. The company will also close underperforming stores ...
October 16, 2023, 10:50 am
Rite aid files for chapter 11
US pharmacy chain Rite Aid (NYSE:RAD) filed for Chapter 11 bankruptcy over the weekend to add to the growing corporate casualty list stemming from the...
October 16, 2023, 6:06 am
Us pharmacy chain rite aid files for chapter 11
US pharmacy chain Rite Aid (NYSE:RAD) filed for Chapter 11 bankruptcy over the weekend to add to the growing corporate casualty list stemming from the...
October 16, 2023, 3:26 am
Healthbeacon eyes funding, updates market on cash position
Ireland-based digital therapeutics company HealthBeacon PLC (EURONEXT:HBCN, OTCQX:HBCNF) said in a statement today that it “continues to pursue fu...
October 13, 2023, 6:43 am
China evergrande creditors call pulled debt plan a ‘surprise'
A group of offshore creditors of China Evergrande Group were “left in the dark” after the default...
October 9, 2023, 11:00 pm
Chinese developer sunac won approval to restructure around us$10bn of debt
Troubled Chinese property developer (aren't they all?) Sunac has had some good news, a bit of a breakthrough on its debt restructuring. ICYMI: A court...
October 5, 2023, 8:46 pm
Evergrande chairman under the scope for possible offshore asset transfers
Reuters reports that Evergrande has sought creditors’ approval to reorganise its offshore debts. A pr...
October 2, 2023, 7:50 am
Evergrande sold yacht this year, say sources, as creditors sharpen focus on offshore assets
China Evergrande Group sold its luxury superyacht for about $32 million earlier this year, said two sources, further shrinking the developer's offshor...
September 29, 2023, 1:12 am
Evergrande shares set to open down 3.8% amid uncertainty over debt revamp plan
Shares of China Evergrande were set to extend losses on Wednesday after sources told Reuters that some of its offshore ...
September 26, 2023, 9:27 pm
Podcast – china evergrande liquidation risk spooked asian equities and us pce inflation data on the radar next
OANDA Senior Market Analyst Kelvin Wong joins Jonny Hart to discuss the fallout seen in Asian benchmark stock indices triggered by another round of li...
September 26, 2023, 6:21 am
Exclusive: some evergrande creditors plan to join winding-up petition if no new debt plan by oct 30-sources
Some offshore creditors of China Evergrande Group are planning to join a winding-up court petition file...
September 26, 2023, 5:45 am
China property stocks tumble as evergrande drops 25% on debt restructuring roadblock
Chinese real estate giant Evergrande announced it is unable to issue new notes, and rescheduled a debt restructuring meeting with its ...
September 25, 2023, 4:18 am
Chinese stocks skid as evergrande's debt restructuring goes off the rails
Shares of Evergrande are down 20% and broader Chinese real estate stocks are down 2.5% after the embattled real estate group offered signs that its re...
September 25, 2023, 2:27 am
Evergrande scraps creditor meetings
Property developer China Evergrande Group has scrapped key meetings with creditors as it casts fresh do...
September 24, 2023, 9:16 pm
What volatility? bitcoin price dismisses fomc, mt. gox with $26.7k dip
Contrary to the expectations of many, BTC price action acted as if no catalysts were present at all. Later, news that payouts to ...
September 21, 2023, 10:59 am
Mt. gox trustee extends deadline for repaying creditors
For creditors of the now-defunct Mt. Gox cryptocurrency exchange, Nobuaki Kobayashi, the trustee overse...
September 21, 2023, 7:05 am
First evergrande, now sunac. another big chinese developer files for us bankruptcy protection
One of China's leading property developers, Sunac, has filed for bankruptcy protection in the United States, shortly after winning approval from its <...
September 19, 2023, 8:01 am