SoftBank anticipates a strong quarterly profit, largely driven by its significant investment in OpenAI, whose valuation has surged. However...

Spirit Airlines is preparing for a potential shutdown: According to reports from the Wall Street Journal and other major outlets on May 1, ...

The US government is exploring options to support Spirit Airlines. The Defense Production Act may be used to provide financial assistance. ...

Homebuyers of Lavasa, India's first privately built hill town, have filed a fresh appeal. They allege serious flaws in the resolution plan ...

SoftBank is seeking additional banks to join a $40 billion loan backing its OpenAI investment, a significant test of investor confidence in...

Global finance leaders are meeting amid the Middle East war, a third major shock impacting the world economy. The IMF and World Bank are do...

Under Rhitik Jassar, JDMEHF's journey demonstrates disciplined resilience, a quality honed by crisis.

Up to 85% of Social Security benefits can be taxed in 2026. Many retirees still don’t know this rule. Social Security benefits are not alwa...

The GSDR report sheds light on ongoing discussions with Credit Rating Agencies (CRAs) regarding their approach to various debt restructurin...

An IMF analysis suggests that several low-income countries (LICs) have been at high risk of debt distress or are in debt distress. Between ...

As Sri Lanka's creditor nations prepare for their first meeting on Tuesday to co-ordinate restructuring of the Indian Ocean nation's debt, ...

Countries in distress have raised nearly half of their total public debt externally. In 2019, external public debt raised by LICs totalled ...

The draft stressed the importance of all official and private creditors participating in debt relief and shouldering a fair burden. But it ...

At an online engagement with the creditors, the government on Friday said that assurances from bilateral creditors are required as a prereq...

"We may see economic collapse in some countries unless G20 creditors agree to accelerate debt restructurings and suspend debt service while...

There is also the possibility that a portion of the debt may be written off, with the creditors accepting a haircut.

European Union has postponed a decision on a second multi-billion euro rescue package for the debt-ridden nation at least until mid-July.