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Latest News for: Bankrupt companies
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COVID-19 crisis sends more than 200 companies into bankruptcy
Asahi News 04 Jun 2020
The bankrupt companies had more than 10 million yen ($91,820) each in debt. Renown Inc., a leading apparel maker, was the only listed company to go bankrupt ... Breaking down the cases by type, 34 hotel businesses, 34 restaurants and 24 apparel companies went bankrupt....
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Australian airport workers hold demonstrations over COVID-19 recovery plan
Xinhua 04 Jun 2020
The Transport Workers Union (TWU) called for more action from the government, including to support the bankrupted Virgin Australia airline and reverse a decision to exclude workers at foreign-owned companies from the "JobKeeper" subsidy ... They want the government to hear their stories and to act to save their jobs and their industry," Kaine said ... ....
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Termite Capitalism: how private equity is undermining the economy
Open Democracy 04 Jun 2020
Although private equity has been acquiring corporate assets since the 1980s, its dramatic growth since 2008 has changed the ownership of companies to an extraordinary extent ... Even before the economic shock created by COVID-19, many companies that had been subjected to private equity buyouts had gone bankrupt....
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Letter: Trump taking credit where credit isn’t due
Chico Enterprise Record 03 Jun 2020
Donald Juan Trump’s $4.8 trillion budget proposal for FY 2021 goes far beyond the bounds of decent leadership ... MADS – a new hat ... It took Trump 45 years to bankrupt his company six times. If re-elected and left to his own means he’ll bankrupt America on his way out of town to build his Moscow Tower....
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Natural Gas Price Forecast – Natural Gas Markets Touch 50 Day EMA
FX Empire 03 Jun 2020
Quite frankly, natural gas is looking at the disruption of business due to the fact that there is a huge list of companies going under this year. Bankrupt drillers do not add to the supply obviously, and that of course is one of the bullish factors. NATGAS Video 04.06.20 ... Because of this, I believe that rallies will be somewhat short-lived ... .......
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New blockbuster to portray true story of fighting COVID-19
China Daily 03 Jun 2020
A top film executive recently revealed his company will produce a new blockbuster based on the true story of doctors who fought against the deadly COVID-19 pandemic ... China's film industry has been on hold for four months due to the pandemic and many film companies have suffered and even gone bankrupt ...
