bankruptcy

 
Thomas Cook folds, sparking worldwide repatriation of tourists
Thomas Cook folds, sparking worldwide repatriation of tourists
British travel group Thomas Cook on Monday declared bankruptcy after failing to reach a last-ditch rescue deal, triggering the United Kingdom's...
Who coughs up if your bank folds?
Who coughs up if your bank folds?
If one of South Africa’s top banks collapsed tomorrow, would your money be protected?
You have to be rich to go bankrupt
You have to be rich to go bankrupt
The ability to file for ­bankruptcy is touted as one of the virtues of capitalism. It's the ability to wipe your financial slate clean and...
Filing for personal bankruptcy
Filing for personal bankruptcy
Have you filed for sequestration? Do you know what it means? The M&G would like to hear from those who have filed for personal bankruptcy. ...
Carmaker Saab files for bankruptcy
Carmaker Saab files for bankruptcy
Saab Automobile filed for bankruptcy on Monday, a Swedish district court told Agence France-Presse, bringing to an end two years of efforts to...
Philadelphia orchestra files bankruptcy papers
Philadelphia orchestra files bankruptcy papers
The renowned Philadelphia Orchestra has officially filed for bankruptcy protection after falling victim to plunging ticket sales and soaring...
What's in store for GM Africa?
What's in store for GM Africa?
General Motors' (GM) Africa Operations president and managing director will host a media conference on Monday evening following General Motors...
US to steer GM into bankruptcy, says report
US to steer GM into bankruptcy, says report
The United States government is readying to steer General Motors (GM) into bankruptcy with a plan to fund the ailing carmaker with tens of billions...
GM reports $6-billion loss in first quarter
GM reports $6-billion loss in first quarter
Troubled US carmaker giant General Motors on Thursday reported a net earnings loss of $6-billion in the first quarter, as it faced the prospect of...
GM bankruptcy unlikely to be swift or simple, experts warn
GM bankruptcy unlikely to be swift or simple, experts warn
A government-steered bankruptcy of struggling carmaker General Motors would likely not be swift or simple despite the best efforts of the United...
Brio toy trains head into buffers
Brio toy trains head into buffers
The world's leading maker of wooden toys, Brio, renowned for its small and colourful wooden trains, is on the verge of bankruptcy, the company...

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