Japanese chipmaker files for bankruptcy
February 27th, 2012 - 7:23 pm ICT by IANS
Tokyo, Feb 27 (IANS) Japan's Elpida Memory Inc said it filed for bankruptcy protection on Monday with 448 billion yen (about $5.55 billion) in debt, the biggest bankruptcy filing by ... Read more...
Posted in Business |
Wall Street flat as investors weigh US data, Europe
January 5th, 2012 - 3:26 pm ICT by IANS
New York, Jan 5 (IANS) US stocks ended flat Wednesday after major indexes rallied on the first trading day of the New Year, as the market was still teetering between ... Read more...
Posted in Business |
‘Pregnant man’ planning to have 4th child despite filing for bankruptcy
March 25th, 2011 - 5:51 pm ICT by ANI
Washington, March 25 (ANI): Thomas Beatie, who became the first man to have a baby, is planning to have a fourth child despite being forced to file for bankruptcy and live on ... Read more...
Posted in World |
National Enquirer Files For Chapter 11 Bankruptcy
November 18th, 2010 - 8:40 pm ICT by GD
By Gina Gomez
Nov 18, (THAINDIAN NEWS) American Media Inc., the publisher for the Star supermarket tabloids and The National Enquirer filed for bankruptcy protection in the U.S. Bankruptcy Court. The media outlets ... Read more...
Posted in Business |
National Enquirer: Publisher files for bankruptcy
November 18th, 2010 - 7:33 pm ICT by Aishwarya Bhatt
New York, Nov 18 (THAINDIAN NEWS) The National Enquirer Inc has filed for a Chapter 11 protection. The bankruptcy petition was filed at the United States Bankruptcy Court in Manhattan on Wednesday. ... Read more...
Posted in Business |
SEC To Examine The Accounting Measure Of Lehman
April 21st, 2010 - 9:42 pm ICT by Pen Men At Work
April 21, 2010 (Pen Men at Work): Security and Exchange Commission (SEC) has declared that it is examining if any of America’s biggest 19 banks are utilizing an accounting measure, which ... Read more...
Posted in Business |
Sex.com auction postponed due to bankruptcy
March 21st, 2010 - 9:23 pm ICT by Aishwarya Bhatt
New York, Mar 21 (THAINDIAN NEWS) The auction of the domain name sex.com has being postponed for the time being, because of bankruptcy filing. The auction had to be halted as ... Read more...
Posted in Business, Technology Industry News |
Late Anna Nicole Smith’s money troubles revealed
January 28th, 2010 - 5:33 pm ICT by ANI
London, Jan 28 (ANI): Anna Nicole Smith was facing huge money troubles when she died in 2007, according to revelations in newly released US government files.Her bankruptcy ranged from millions in missing ... Read more...
Posted in Entertainment |
Garment exporters worried over US firm’s bankruptcy filing
November 4th, 2009 - 5:09 pm ICT by IANS
New Delhi, Nov 4 (IANS) Indian garment exporters, already reeling under a severe demand crunch in key markets, have expressed concern over the application for bankruptcy protection filed in the US by ... Read more...
Posted in Business |
GM sells Hummer to Sichuan Tengzhong Heavy Industrial Machinery
October 10th, 2009 - 12:58 am ICT by Aishwarya Bhatt
Detroit, Oct 9 (THAINDIAN NEWS) General Motors Co. has signed an agreement to sell its legendary and iconic Hummer brand to a Chinese heavy equipment maker Sichuan Tengzhong Heavy Industrial Machinery ... Read more...
Posted in Business |
Reader’s Digest To File For Chapter 11 Bankruptcy
August 17th, 2009 - 11:49 pm ICT by GD
If you are a self confessed bookworm or not, there is hardly anyone who has not heard of or even known the existence of the ever popular Reader's Digest. Moving beyond being ... Read more...
Posted in Business |
Cash-strapped Air Canada allows dogs, cats in cabins
June 18th, 2009 - 12:44 pm ICT by IANS
Toronto, June 18 (IANS) Cash-strapped Air Canada has been forced to change its policy to allow dogs and cats to travel in the cabin.
The Canadian national carrier, which is seeking immediate cash ... Read more...
Posted in Business |
$3.8 bn Canadian loan for auto giant Chrysler
May 1st, 2009 - 11:26 am ICT by IANS
Toronto, May 1 (IANS) Canada will loan $3.8 billion to Chrysler in return for a two percent stake and a say in management as the troubled auto giant undertakes restructuring to survive.
The ... Read more...
Posted in Business |
Talks fail, Chrysler bankruptcy imminent: Report
April 30th, 2009 - 2:08 pm ICT by IANS
Washington, April 30 (DPA) Talks aimed at saving the ailing US carmaker Chrysler LLC from bankruptcy failed late Wednesday, making the company filing for court protection "all but certain", the Wall ... Read more...
Posted in Business |
US prepares GM for fast surgical bankruptcy: NYT
April 13th, 2009 - 7:02 pm ICT by IANS
By Arun Kumar
Washington, April 13 (IANS) The US government has asked General Motors to make all necessary preparations for a possible bankruptcy filing by June 1, even though the troubled automaker ... Read more...
Posted in Business |
US to provide $13.4-bn loan to bail out auto industry
December 19th, 2008 - 10:40 pm ICT by IANS
Washington, Dec 19 (Xinhua) US President George W. Bush Friday said the government would provide $13.4 billion in short term loan to bail out the country's crippled auto industry from bankruptcy."In ... Read more...
Posted in Uncategorized |
Japan’s industry gloom deepens
October 1st, 2008 - 1:07 pm ICT by IANS
Tokyo, Oct 1 (DPA) Optimism in Japan's industry is at its lowest point in five years, a quarterly survey by the country's central bank said Wednesday.For the first time since 2003, the ... Read more...
Posted in World |
Citigroup is big trustee to Lehman debt
September 16th, 2008 - 6:14 pm ICT by IANS
New York, Sep 16 (IANS) Citigroup and Bank of New York Mellon are trustees to $138 billion of Lehman Brothers' bonds, the biggest on the list of unsecured creditors, according to a ... Read more...
Posted in World |
Indian equities slide further on weak global cues
September 16th, 2008 - 1:01 pm ICT by IANS
Mumbai, Sep 16 (IANS) A day after the mayhem in global stock markets following the bankruptcy filing by Lehman Bros and Merrill Lynch's takeover announcement by Bank of America, equities continued to ... Read more...
Posted in Business |
US financial sector in turmoil as Lehman fails
September 16th, 2008 - 5:34 am ICT by IANS
New York/Washington, Sep 16 (DPA) The bankruptcy of Lehman Brothers Holdings and fears of more bank failures in the imminent future sent investors running for the hills Monday, amid signs of a ... Read more...
Posted in World |
Lehman bankruptcy sparks US stock sell-off (Third lead)
September 15th, 2008 - 10:09 pm ICT by IANS
Washington, Sep 15 (DPA) US stocks were poised for a massive sell-off Monday after embattled investment bank Lehman Brothers Holdings filed for bankruptcy - one of many financial firms in turmoil amid ... Read more...
Posted in World |
Lehman Brothers files for bankruptcy, Bank of America buys Merrill (Lead)
September 15th, 2008 - 8:23 pm ICT by IANS
Washington, Sep 15 (DPA) The embattled investment bank Lehman Brothers filed for bankruptcy Monday, hours after financial services firm Merrill Lynch agreed to sell itself to Bank of America.Negotiations throughout the weekend ... Read more...
Posted in Business |
WNS announces quarterly earnings
February 8th, 2008 - 1:56 pm ICT by admin
New York/ Mumbai, Feb 8 (ANI/Business Wire India): WNS (Holdings) Limited, a leading provider of offshore business process outsourcing (BPO) services, announced results for the quarter ended December 31, 2007 and raised ... Read more...
Posted in Business |