Now playing Next Business Series Alitalia workers reject rescue plan Two thirds of Alitalia's workers have voted to reject a management restructuring plan. The loss-making airline is set to run out of cash in weeks. 25/04/2017
Now playing Next Business Series Toshiba warns it may not survive amid massive Westinghouse losses Japanese conglomerate Toshiba is in crisis, saying its very survival is in doubt. 11/04/2017
Now playing Next Business Series South Korean court declares Hanjin Shipping bankrupt Hanjin Shipping, formerly the world's seventh-largest container shipping line, has been declared bankrupt by a South Korean court. 17/02/2017
Now playing Next Business Series Shipbuilder STX France's future hangs in the balance Italian shipyard Fincantieri has been approved as the preferred bidder for cruise-ship builder STX France, but politics could yet scupper the deal. 03/01/2017
Now playing Next Korea Hanjin Shipping collapse strands cargo worth billions Hanjin Shipping's largest shareholder, Korean Air Lines, has again delayed a decision on a rescue plan, adding to uncertainty about cargo stranded at sea following the container carrier's collapse. 09/09/2016
Now playing Next Business Series Banks pull the plug on South Korea's Hanjin Shipping One of the world's biggest container shipping firms, South Korea's Hanjin Shipping, is headed for bankruptcy after the lenders it has borrowed money from pulled the plug. 30/08/2016
Now playing Next Venezuela Lights come on again in Venezuela but the country's economic problems remain The lights are set to come back on in Venezuela. 04/07/2016
Now playing Next Business Series Saddled with 1.3 billion euros of debt, Greek retailer Marinopoulos gets bankruptcy protection Greece's biggest supermarket chain, Marinopoulos, has gained protection from its creditors from an Athens court while it restructures. It has debts of 1.3 billion euros, half to banks and half to supp 01/07/2016
Now playing Next Economy Russia's Transaero airline grounded over safety fears Reports from Russia say the country’s second biggest airline, Transaero, has been grounded because of safety concerns. The transport minister has 26/10/2015
Now playing Next Greece Crucial bailout talks begin in Greece Talks to pave the way for Greece’s third bailout are underway, with officials from its international creditors on the ground in Athens. The 28/07/2015
Now playing Next France Farmers: President calls for profits to be passed back down the value chain Fresh from dealing with Greece, the French President is facing a crisis closer to home. Ahead of the start of the August getaway, farmers are 23/07/2015
Now playing Next USA 50 Cent files for bankruptcy Rapper 50 Cent has filed for bankruptcy in New York reporting debts and assets in the range of $10 million to $50 million. It comes two months 14/07/2015
Now playing Next Latvia No more aid till 'big, big problems' solved, Eurogroup tells Greece There was food for thought for the Greek Finance Minister Yanis Varoufakis as the eurozone said in no uncertain terms that Athens would get no more 24/04/2015
Now playing Next Italy Milan: Man arrested after three killed in court shootings A man has been arrested after a shooting at a courthouse in Milan left three people dead, including a judge and a lawyer. Officials say the shooter 09/04/2015
Now playing Next Sport Parma owner Giampietro Manenti arrested Parma chairman Giampietro Manenti has been arrested in Italy on money laundering charges. Manenti, who took over as the club’s new owner and 18/03/2015
Now playing Next Europe News Ukraine seals emergency EU loan amid bankruptcy threat The Ukrainian government sealed an emergency loan of 1.8 billion euros from the European Union on Tuesday as the country looks to stave off the 27/01/2015
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