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Euro crisis: It is time for European debt restructuring. Will Europe dare to undertake it?

Euro crisis: It is time for European debt restructuring. Will Europe dare to undertake it?

Euro-zone weights a new plan to face the crisis, which will be discussed during the Brussels European Summit, and for which Europe expects to receive support from their G-20 colleagues, in the next Group meeting, which will take place on November 3 and...
Theme park operator, Six Flags files for Chapter 11

Theme park operator, Six Flags files for Chapter 11

Six Flags, Inc. filed for Chapter 11 bankruptcy on Saturday morning Share
GM heads for bankruptcy

GM heads for bankruptcy

After months of back and forth and huge amounts of uncertainty Share
US automaker Chrysler files for bankruptcy

US automaker Chrysler files for bankruptcy

U.S. President Barack Obama announced that America’s third-largest automaker Share
GM to cut 21,000 jobs in the US

GM to cut 21,000 jobs in the US

General Motors announced Monday it will cut 21,000 jobs Share
Obama makes ultimatum to automakers GM and Chrysler

Obama makes ultimatum to automakers GM and Chrysler

U.S. President Barack Obama took a hard stance on Monday towards automakers Share
Trump Entertainment files for bankruptcy

Trump Entertainment files for bankruptcy

Trump Entertainment, the casino company founded by Donald Trump, filed for bankruptcy on Tuesday Share
Two U.S. banks fail, first casualties in 2009

Two U.S. banks fail, first casualties in 2009

On Friday, bank regulators shut down two small banks, the first U.S. banks to fail this year Share
Ssangyong Motor files for bankruptcy

Ssangyong Motor files for bankruptcy

The South Korean unit of the largest Chinese automaker Ssangyong Motor, filed for bankruptcy protection Share
Bush bails out GM and Chrysler

Bush bails out GM and Chrysler

“George W. Bush yesterday handed the fate of US car makers to president-elect Barack Obama as he announced plans to lend General Motors and Chrysler $17.4bn Share
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