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GOVERNMENT BAILOUT
In 1998, South Korea urged people to save the country from bankruptcy. Millions lined up with gold wedding rings and baby bracelets, raising $2.1 billion in just four monthsIn January 1998, millions of ordinary South Koreans voluntarily donated gold, including wedding rings and baby bracelets, to help their nat...- Sri Lanka reduces fuel prices after Middle East ceasefireSri Lanka on Tuesday cut fuel prices by up to six percent, the first such move since the Middle East war triggered a surge in energy prices...
- Why are Kenyan kids burning schools and killing their classmates?Almost 50 fires have ripped through Kenyan schools this year, 16 schoolgirls have died, and more than 100 schools have temporarily closed. ...
- KKR bets $1.4 billion on aircraft leasing, eyes airlines, Boeing and AirbusPrivate equity firm KKR is investing an additional $1.4 billion in aircraft leasing through its partnership with Altavair. This move comes ...
- SC sends back SpiceJet plea to Delhi HC over₹144 cr depositThe Supreme Court has directed the Delhi High Court to review SpiceJet's request. SpiceJet sought to submit property deeds instead of depos...
- SC rejects SpiceJet's plea in Rs 144 cr case with Kalanithi Maran & Kal Airways, asks it to move Delhi HCThe Supreme Court of India on Tuesday asked SpiceJet to approach the Delhi High Court for more time to deposit Rs 144 crore in its dispute ...
- Pakistan: A grim shadow falls on Asim Munir's moment in the sunA leaked diplomatic cable reveals US pressure on Pakistan to remove former Prime Minister Imran Khan. The document suggests a no-confidence...
- Rs 3 a litre fuel price hike cuts losses by 25 per cent; daily loss drops to Rs 750 croreIn a noteworthy shift, Indian oil corporations have curtailed daily losses by almost 25% thanks to a Rs 3 per litre increase in petrol and ...
- Imran Khan-linked ‘Cyphergate’ Row hits Pakistan: US' role confirmed in his ouster? Secret cipher says 'All will be forgiven in Washington.'Imran Khan cipher case: A leaked Pakistani diplomatic cable has resurfaced, reigniting claims of a foreign conspiracy behind Imran Khan's r...
- Why are JetBlue and Frontier share prices up today? JetBlue and Frontier shares rise after Spirit shutdown creates growth opportunityWhy are JetBlue and Frontier share prices up today? Shares of JetBlue Airways and Frontier Airlines increased in premarket trading after Sp...
- Spirit Airlines shutdown flags wider risk for Indian IT firmsSpirit Airlines' closure and soaring jet fuel costs pose challenges for Indian IT services firm Coforge. Analysts warn of wider implication...
- US Government Spirit Airlines Rescue Plan — 5 key points travellers must know after Spirit Airlines shutdownSpirit Airlines has shut down operations. This marks the first airline collapse linked to the Iran war, following a surge in jet fuel price...
- Trump likes the idea of government owning some US companies but took a pass on Spirit AirlinesPresident Trump showed interest in government taking over companies like Spirit Airlines. He saw these moves as financial wins and a way to...
- Why did Spirit Airlines fail? Is this the first economic shock of the Iran war— or a missed bailout moment under Trump? The true cost of flying cheap in AmericaWhy did Spirit Airlines fail? First major casualty of the 2026 Iran war fuel shock. The collapse of Spirit Airlines today, May 2, 2026, isn...
- Frontier Airlines offers flight tickets discounts, stocks soar after Spirit Airlines announced shutting downFrontier Airlines announced systemwide discounts and plans to add summer routes.
- US stock today | Spirit Airlines prepares to cease operations after bailout plan falls apart: ReportSpirit Airlines is reportedly nearing operational shutdown after failing to secure a bailout plan involving bondholders and the U.S. govern...
- Is Spirit Airlines shutting down after losing $500M lifeline— here's how Spirit Airlines collapse spikes ticket pricesSpirit Airlines is preparing for a potential shutdown: According to reports from the Wall Street Journal and other major outlets on May 1, ...
- Crude shock: Ajay Bagga on how $90 oil could dent India Inc's earnings and test government's fiscal nerveIndia is bracing for a major energy cost shock. Soaring crude oil prices are set to impact corporate profits, consumer spending, and govern...
- Spirit Airlines bailout: Will over 17,000 jobs be protected or big shocking lay offs on the way?Spirit Airlines' liquidation would eliminate more than 17,000 jobs, an expert said.
- GM, Chrysler each to hire 1,000 engineersGeneral Motors and Chrysler, two companies that nearly died last year before getting government bailouts, showed further signs of recovery ...
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