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United Kingdom

Boris Becker claims diplomatic immunity in UK bankruptcy case

The former tennis star says his appointment as sports ambassador for the Central African Republic protects him from being sued over alleged debts.

USA

Weinstein Company ends non-disclosure agreements

“No one should be afraid to speak out or coerced to stay quiet."

USA

Toys'R'Us faces more closures

American retail giant, Toys'R'Us has announced store closures in the US over the coming months on top of those in the UK over the next six weeks. Other global locations are expected to follow suit.

United Kingdom

UK govenment sets up task force to deal with key company failure

Subcontractor Carillion builds and maintains hospitals and prisons, provides services throughout the UK government and employs 20,000 people in Britain. But it has debts of 1.5 billion and only 60 million in cash.

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Portugal

Monarch CEO 'absolutely devastated' by airline's failure

Monarch CEO 'absolutely devastated' by airline's failure

USA

Toys 'R' Us files for bankruptcy in United States

Toys 'R' Us files for bankruptcy in US

Japan

Japanese airbag-maker Takata files for bankruptcy

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.

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.

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.

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.

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.

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.

Venezuela

Lights come on again in Venezuela but the country's economic problems remain

The lights are set to come back on in Venezuela.

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

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

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

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

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

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