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Business bankruptcy in EU surges to highest levels since 2015
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First Citizens Bank to buy collapsed Silicon Valley Bank
All of SVB's deposits and loans will be taken over by its rival First Citizens Bank, US regulators said late on Sunday.
How is Europe dealing with the Silicon Valley Bank collapse fallout?
The collapse of SVB, the biggest bank failure since 2008, has reverberated around the world. What is being done to limit the fallout?
HSBC to buy the UK subsidiary of collapsed Silicon Valley Bank
HSBC has agreed to acquire the UK subsidiary of Silicon Valley Bank for just £1 (€1.13) in a bid to protect the country’s tech sector.
This European airline has cancelled all flights after going bust
The airline says weak financial markets and uncertainty over demand for air travel left it cash-strapped.
Boris Becker freed from prison
German tennis legend Boris Becker has been freed from prison after serving eight months of a two-and-a-half-year sentence.
Travel chaos: SAS cancels 1,700 flights in September and October
The cancellations can be "partly" attributed to the knock-on effects of the July pilot strike, a spokesperson for the airline said.
Scandinavia’s biggest airline files for bankruptcy after pilot strikes
SAS acknowledges that the strikes by Scandinavian pilot unions will continue to impact operations.
How does a drama school fall apart overnight? The strange case of ALRA
ALRA staff and students woke on a Monday morning to find they were without a drama school. Mismanagement, lost fees, and education anxieties , this is the fallout of a failed drama school.
Boris Becker sentenced to two and a half years for bankruptcy offences
The former tennis superstar was jailed for hiding assets and illicit money transfers after he was declared bankrupt.
Ex-CEO of Wirecard charged with fraud by German prosecutors
The financial payments company collapsed in 2020 amid allegations that much of its revenue and assets were faked.
Alitalia closure: How can I refund, rebook or reroute my flight?
Got a flight booked with Alitalia? Got unused MilleMiglia air milies? Here are your refund, rebooking and rerouting options.
Eurostar's new financing package puts train service back on track
The refinancing package of £250m mainly consists of additional equity and loans from a syndicate of banks guaranteed by the shareholders.
Bankruptcies in the EU rose by a quarter, latest figures show
In the three months to September, the number of firms going bust compared to the April-June quarter was 25.7% higher.
US fashion retailer Forever 21 files for bankruptcy
US fashion retailer Forever 21 said on Sunday it has filed for chapter 11 bankruptcy protection in order to restructure its business.
Swiss lament UK Thomas Cook 'Operation Matterhorn' codename
"Zermatt Tourism points out that the destination Zermatt-Matterhorn is not connected" to the Thomas Cook situation," the tourism office of a Swiss town wrote on Monday.
The collapse of Thomas Cook sent shockwaves across the industry
The Greek tourism confederation says economic losses for the country's businesses might be up to 500 million euros.
Bankrupt French airline Aigle Azur receives 14 takeover offers
Crash-strapped French low-cost airline Aigle Azur has received 14 takeover offers. Meanwhile, about 13,000 people remain stranded.
New Puerto Rico governor sworn in despite calls for fresh leadership
Pedro Pierluisi, a former lawyer, freely admits that despite being sworn in the Senate may not ratify him on Wednesday.
Argentina's president defends austerity policies
Maurici Macri's heated speech at the Union address in Congress called on support to slash the fiscal deficit while thousands demonstrated in the streets of Buenos Aires against living in poverty.
Primera Air's sudden shutdown leaves thousands of travellers stranded at airports
Icelandic budget airline Primera Air announced they will be ceasing operations and filing for bankruptcy, telling staff that all flights were being halted and leaving thousands of passengers stranded.