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Northvolt files for bankruptcy in Sweden

Swedish electric car battery maker Northvolt has filed for bankruptcy in Sweden after failing to secure financing to enable it to continue operations, the struggling company said Wednesday...

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Deposit insurance doubled to protect 95pc of depositors: BB governor

The Bangladesh Bank on Sunday raised the deposit insurance limit to Tk 2 lakh, as some banks in the country are on the verge of bankruptcy, but the government are making efforts to save them and protect depositors, said central bank governor Ahsan H Mansur...

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Byju鈥檚 avoids bankruptcy

An Indian appeals tribunal stopped bankruptcy proceedings against troubled educational technology firm Byju on Friday after the company agreed to settle a $19-million unpaid sponsorship debt owed to the country鈥檚 powerful cricket board...

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Bordeaux to become amateur after bankruptcy

Former French Ligue 1 champions Bordeaux on Thursday said they will become an amateur club for the first time in almost 90 years after filing for bankruptcy.

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Byju鈥檚 begins bankruptcy proceedings

An Indian tribunal began bankruptcy proceedings against troubled educational technology firm Byju鈥檚 on Tuesday over a $19 million unpaid sponsorship debt owed to the country鈥檚 powerful cricket board...

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Kind govt reaction needed to Lanka economic distress

WITH less than a month before presidential elections are called, president Ranil Wickremesinghe has highlighted the success of his presidency as rescuing Sri Lanka from its international bankruptcy status that prevents it from doing business with the rest of the world. The signing of the agreement on international debt restructuring for...

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Boris Becker discharged from bankruptcy: lawyer

Former German tennis star Boris Becker has been discharged from bankruptcy by a London court following a deal with his debtors, the 56-year-old's German lawyer said Thursday.

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