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Business bankruptcy

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China's Evergrande struggling to avoid defaulting on $340 billion debt

Evergrande ran short of cash after Beijing tightened controls in 2020 on corporate debt the ruling Communist Party worries is dangerously high. Some other developers collapsed, leaving half-finished apartment blocks standing empty.

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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.

14/03/2022

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Demonstration in underwear for the former flight attendants of Alitalia

Dozens of former flight attendants of the defunct Italian airline Alitalia removed their uniforms during a demonstration, wearing only underwear.

20/10/2021

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Café de Paris fans ‘gutted’ after iconic London venue shuts for good

The legendary nightclub which once played host to Judy Garland and Frank Sinatra, has been decimated by Covid-19.

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UK department store Debenhams collapses putting 12,000 jobs at risk

The future of some 12,000 retailing jobs in Britain hangs in the balance after the failure of Debenhams, one of the country's oldest department stores.

02/12/2020

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Thomas Cook collapse: businesses and employees in Crete in limbo

Businesses and tourism workers across Europe are feeling the shockwaves of Thomas Cook's collapse. In Greece, people working for the company's hotels fear they will not get paid. Today, the UK Civil Aviation Authority announced over 16,000 holidaymakers will be flying back to the country.

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Thomas Cook in last ditch talks over €220 million bailout

The iconic British firm is just hours away from collapse if it can't reach a deal.

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Gibson goes looking for the lost chord as the company files for bankruptcy

Declining guitar sales and a flawed diversification four years ago have dragged the legendary guitar-maker into crisis.

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Toys R Us goes into administration in the UK

It's hoped all or part of the British unit of Toys R US, which operates more than 100 stores across the UK, will be sold.

01/03/2018

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Euronews wants your help to choose our personalities of the year. You can vote at facebook.com/euronews.

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Founder of Germany phamarcy chain Schlecker given suspended sentence

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Back from bankruptcy and how to avoid it

This week Business Planet visits Ghent, Belgium to learn about what's being done to help businesses avoid bankruptcy and rebound from it.

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Argentina continues its default dance with the 'vultures'

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Help! My business is collapsing

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