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BANKRUPTCY IN GERMANY
Bankruptcy boom: Businesses going broke in Europe's biggest economyGermany faces a widespread corporate insolvency crisis impacting numerous sectors. High energy costs and industrial decline are major contr...- ET Prime Special Series: Multibagger or IBC - Part 64: An old 2-wheeler supplier that now earns more from a newer businessAt first glance, this auto ancillary company looks like a conventional two-wheeler supplier. But its business mix tells a wider story. A ne...
- Unions to protest as Volkswagen thrashes out job cut plansGerman auto giant Volkswagen's management meet Thursday to thrash out plans for what could be the biggest ever restructuring in the global ...
- Loud, broken, baffling: Britain reflects on America at 250 in the age of TrumpBritons view America in 2026 through the lens of President Donald Trump. This perception often precedes any admiration for the nation's qua...
- UK media: German tennis star Boris Becker freed from prison, faces deportationIn April, Becker, a six-times Grand Slam champion, was jailed for two years and six months by a London court for hiding hundreds of thousan...
- European shares track Asian peers higher on China tariff relief hopesOffering a brief respite to nervous markets was a report that U.S. President Joe Biden was contemplating rolling back some tariffs on Chine...
- IBC likely to boost credit growth: SBIAs per World Bank data, insolvency resolution in India took 4.3 years on an average, higher than many major economies.
- Implementing the new Bankruptcy Code to help push bank credit growth: SBI ResearchAs per World Bank data, until 2016, insolvency resolution in India took 4.3 years on an average, higher than many major economies.
- How this German bank accidentally transferred $5.4 billion to four other banksThe incident is a repeat of an ill-timed payment of 300 mn euros KfW made to Lehman Brothers in September 2008, on the day the US firm file...
- Inflation analysisGermany was spending money she did not have; allowing her economy to get out of control so that she could avoid payment of debts.
- Greece bailout package likely to top 135 billion eurosAs Greece moved closer to bankruptcy, it is clear that the EU bailout package of 30 bn euros would not be sufficient even to service its de...
- GM to build compact cars in US; UAW OKs contractMeanwhile, as expected, the United Auto Workers ratified a package of concessions designed to reduce the automaker's labor costs.
- GM gets a lifeline, finallyFallen US auto giant General Motors pulled back from the brink on Thursday, winning government and bondholder support for a new restructuri...
- GM talks with Europe break down, Chrysler future on holdThe US auto industry faced an uncertain future on Thursday after talks with Germany on the fate of General Motors collapsed in acrimony and...
- GM pulls closer to bankruptcy as bondholders spike exchange offerA General Motors Corp bankruptcy filing is now certain after the carmaker failed to persuade bondholders to trade their debt for equity in ...
- Germany may give Opel 1.5 bn euro in bridge financingGermany could provide any new investor in General Motors Corp.'s Opel unit bridge financing of euro1.5 billion ($2.09 billion), Finance Min...
- GM ready to cede controlling stake in Opel: ReportGeneral Motors is ready to drop its controlling stake in its European unit Opel in exchange for a public guarantee for its activities in Eu...
- GM says Opel 'not for sale'General Motors said on Thursday its German Opel nameplate is "not for sale" despite the perilous situation of the US auto giant.
- German mortgage bank near bankruptcy: reportGermany's Hypo Real Estate, a mortgage bank, is on the brink of bankruptcy, the daily Financial Times Deutschland reported in an advance co...
- German bank in Lehman embarrassmentThe German government demanded a swift explanation Wednesday of an apparent technical mistake that led a state-owned development bank to tr...
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