Bankruptcy

Govt may resort to withdrawal of 35% pay raise or 25% cut in salaries of govt employees

Anxiety grows over China’s worsening property crisis, its impact on economy

Seek govt intervention to avert slump in industry

FTX filed for bankruptcy in one of the highest-profile crypto blowups with losses in the billions of dollars

Binance has stopped accepting deposits of FTX's FTT token on its platform

Bankman-Fried secretly transferred $10 billion of customer funds from FTX

FTX struggled to raise billions to stave off collapse as traders rushed to withdraw $6 billion from it in 72 hours

Musk warns that Twitter won't survive if it fails to boost subscription revenue to offset falling advertising income

Zipmex files for bankruptcy protection in Singapore, becoming latest victim of global downturn in digital currencies

Customers of Celsius become one of the biggest victims of the collapse in crypto markets this year

Celsius Network listed a $1.19 billion deficit on its balance sheet in a bankruptcy court

Celsius Network has filed for bankruptcy after wilting under a dramatic plunge in prices

Voyager Digital files for bankruptcy a week after he suspended withdrawals, trading and deposits to its platform

German tennis great says negative publicity left him struggling to make enough money to pay off debts

Parks association president laments year-long closure

Industry calls on govts to renew expiring wage support programmes

Airline says it has negotiated deal with stakeholders for consensual recapitalisation

Fuel demand tumbles roughly 30% worldwide due to the coronavirus pandemic

Collapse in prices has threatened to tilt the once-booming US oil industry into bankruptcy

Founded in 1984, the retailer has 815 stores in 57 countries

In Britain, its 75 remaining shops will close within six weeks

Various lenders have agreed to infuse Toys "R" Us more than $3 billion

The embattled US media group said it had reached a deal to sell its media brands to publishing group Ziff Davis

UFG losses have become unbearable; circular debt payment issues also discussed