Search For "bankruptcies"
Corporate bankruptcies rise sharply in Austria in Q1 2025
Updated : 11 months, 1 week ago IST
Austria saw a sharp 8 per cent rise in corporate bankruptcies in Q1 2025, with 2,004 companies filing for insolvency and EUR 19 billion in financial liabilities, affecting around 25,000 jobs and raising concerns about the country's economic trajectory.
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China sees closure of nearly 3 Million food service establishments
Updated : 1 year, 2 months ago IST
Nearly 3 million food service establishments in China closed in 2024 due to rising costs, bankruptcies, and reduced consumer spending. High-profile closures included Michelin-starred restaurants and popular chains, impacting every segment of the industry.
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More than 230 home developers filed for bankruptcy in China in 2023: Repor
Updated : 2 years, 1 month ago IST
The highest number of bankruptcies have been filed in China's Zhejiang province.
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CoinEx recently announced their upgraded infrastructure for asset security
Updated : 2 years, 3 months ago IST
New Delhi [India], December 6: Recent security breaches, bankruptcies, and closures among major crypto exchanges have sparked renewed fear, uncertainty, and doubt (FUD) across the crypto industry. These incidents highlight risks posed by issues like poor corporate governance, conflicts of in
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Three Cryptocurrencies to Consider in 2023: Big Eyes Coin, Solana and Poly
Updated : 3 years, 2 months ago IST
New Delhi [India], January 9 (ANI/ATK): The crypto market had an eventful 2022. With the various collapses and bankruptcies that were witnessed over the year, the market left 2022 on somewhat of a low note. However, as we welcome a new year, the chance for a fresh start is imminent. There ar
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Global economy not out of the woods yet: IMF Chief Kristalina Georgieva
Updated : 5 years, 8 months ago IST
Washington DC [USA], July 16 (ANI): The global economy continues to face challenges, including the possibility of a second wave of Covid-19, and governments should keep their support programmes in place, IMF Managing Director Kristalina Georgieva said on Thursday.
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Abhijit Banerjee raises concern towards bankruptcy, demand shortfall; says
Updated : 5 years, 10 months ago IST
New Delhi [India], May 5 (ANI): In an interaction with Congress leader Rahul Gandhi on Tuesday, Nobel Laureate Abhijit Banerjee raised concerns towards a chain of bankruptcies and demand shortfall in dealing with the economic fallout of COVID-19 and said India needs a "stimulus package".
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IMF urges countries to spend all they can during coronavirus pandemic
Updated : 5 years, 11 months ago IST
Washington DC [USA], April 16 (ANI): IMF Managing Director Kristalina Georgieva has outlined the difficult economic environment countries are facing because of the COVID-19 epidemic and her global plan of action to take it on.
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