Fisker Faces Bankruptcy Threat as Electric Car Sales Struggle

Fisker Faces Bankruptcy Threat as Electric Car Sales Struggle

Electric car manufacturer Fisker, one of the many pure electric start-ups in the field of electromobility, is not experiencing the best of times. Although the company started deliveries of the Ocean electric SUV in 2023, the start to 2024 was quite challenging. The company does not manage to sell its cars in sufficient quantities, which … Read more

Chairul Tanjung’s CT Corp Facing Bankruptcy and Business Closure: Transmart and Warunk Upnormal Outlets Shut Down

Chairul Tanjung’s CT Corp Facing Bankruptcy and Business Closure: Transmart and Warunk Upnormal Outlets Shut Down

Entrepreneur who owns CT Corp, Chairul Tanjung. FOTO/doc.SINDOnews JAKARTA – Chairul Tanjung is an important figure behind the CT Corp business octopus which oversees Mega Corp, Trans Corp, and CT Global Resources. The three businesses operate in media services, retail, lifestyle, entertainment, finance, property and natural resources. The CT business octopus is becoming a hot … Read more

Bankruptcy for DIY chain Handyman

Bankruptcy for DIY chain Handyman

ANP NOS Nieuws•gisteren, 19:17 Retail chain Handyman was declared bankrupt yesterday. This is evident from the register of the Zeeland-West-Brabant court. The chain for household items and parts, among other things, has existed since 1974. The 38 stores in the Netherlands and the online store will remain open for the time being. In return for … Read more

Juwelier Wieringa in Delfzijl Facing Bankruptcy and Customer Complaints

Juwelier Wieringa in Delfzijl Facing Bankruptcy and Customer Complaints

Delfzijl – In the year that the 110th anniversary was celebrated, Juwelier Wieringa in Delfzijl seems to have run into problems this week. The shutters of the building in Landstraat have not been open since Christmas. In addition to a physical store in Landstraat, there are also a number of web shops connected to the … Read more

The fear of an epidemic of bankruptcies has not come true, there are half as many bankruptcies as ten years ago – News

The fear of an epidemic of bankruptcies has not come true, there are half as many bankruptcies as ten years ago – News

According to the turnover, the largest company that declared bankruptcy in November is the company Vitrablok, s.r.o., which focused on the production and processing of glass in Duchcov, popularly known as Luxfera. “This is already the second insolvency. In the past five years, the company has reported a profit once. The year 2021 and the … Read more

Germany Faces “Serious National Crisis” as Chancellor’s Government Struggles with Energy Prices and Budget Emergency

Germany Faces “Serious National Crisis” as Chancellor’s Government Struggles with Energy Prices and Budget Emergency

Jakarta, CNBC Indonesia – Germany is said to be happy to be in a “serious national crisis”. This was said by the prime minister of the most populous state of Bavaria, Markus Soeder, referring to the government of German Chancellor Olaf Scholz. He said that it was now difficult for Berlin to find a way … Read more

Chinese Property Giant, Country Garden, Warns of Inability to Fulfill Foreign Debt Obligations

Chinese Property Giant, Country Garden, Warns of Inability to Fulfill Foreign Debt Obligations

Jakarta, CNBC Indonesia – Chinese property giant, Country Garden gave a warning Tuesday (10/10/2023). The company has openly stated that it is unable to fulfill its foreign debt obligations. Collect Reuters, this situation has the potential to cause the property developer to default. So far, Country Garden hasn’t default although it has missed coupon payments … Read more

Ghana Files for Bankruptcy and Secures $3 Billion IMF Loan to Address Economic Crisis

Ghana Files for Bankruptcy and Secures  Billion IMF Loan to Address Economic Crisis

Jakarta – The Ghanaian government has officially filed for bankruptcy. As a result, President Nana Akufo-Addo admitted that he had no other choice but to approve a loan of US$ 3 billion or Rp. 46.50 trillion (exchange rate Rp. 15,500) from the International Monetary Fund or IMF. However, last May, Nana himself said that the … Read more

Birmingham Faces Bankruptcy: Parliament to Discuss Financial Recovery Plan

Birmingham Faces Bankruptcy: Parliament to Discuss Financial Recovery Plan

Saturday, September 9, 2023, 11:40 p.m. The media of ‘Birmingham’, a famous city in ‘England’, has opened up a sequence of events before declaring bankruptcy, revealing that on 26 September the parliament will open to discuss a financial recovery plan. 9 Sep. 2023, Birmingham Mail newspaper, local media in Birmingham, England, presents a special report, … Read more