Tag: bankrupt
Birmingham is bankrupt: London puts the insolvent city under supervision
Birmingham is broke London puts insolvent city under supervision September 19, 2023, 9:01 p.m Britain’s second largest city is in financial trouble: Birmingham declared itself bankrupt at the beginning of…
United Kingdom: already more than 1,600 layoffs at bankrupt Wilko stores
Some 1,300 more redundancies announced by the administrators of the bankruptcy of the British low-cost chain Wilko (AFP/Archives/JUSTIN TALLIS) Some 1,300 more layoffs were announced on Tuesday by the administrators…
Bankruptcies in the fashion industry: “In five years we will experience a start-up boom”
Bankruptcies in the fashion industry “In five years we will experience a start-up boom” 09/01/2023, 03:08 p.m Difficulties are mounting in the fashion industry, brands and chains such as Peek…
Is VanMoof really bankrupt in the United States? No, we explain why
According to several foreign media, VanMoof would have declared the bankruptcy of its American branch. It is in fact much more complex than that, and incidentally false. We spoke with…
EU: Highest number of bankrupt businesses since 2015 – Eurostat
PARIS (Reuters) – The number of companies in the European Union that went bankrupt increased by 8.4% in the second quarter of 2023, compared to the first quarter, an increase…
The beginning of the end for ChatGPT? OpenAI could go bankrupt as early as 2024
Alexander Schmid August 16, 2023 at 08:00 20 © Sanket Mishra / Pexels ChatGPT demands a huge amount of money from OpenAI to operate, while the company struggles to generate…
OpenAI could go bankrupt in 2024, here’s why
The OpenAI company, behind the famous conversational robot ChatGPT, is facing several difficulties which, if not resolved, could lead to bankruptcy as early as next year. Credit: 123RF Almost everyone…
Huobi bankrupt? Rumors of bankruptcy and arrests
One of the largest crypto exchanges faces dire news: arrests, bankruptcy and outflows. Those are the rumours. Source: BTC ECHO The post Huobi bankrupt? Rumors of bankruptcy and arrests…
it’s official, the electric bike brand is bankrupt
The Amsterdam court announced the bankruptcy of the famous Dutch manufacturer VanMoof of connected electric bicycles, 14 years after its creation. The end of VanMoof is recorded this July 17…
Suspension of payment withdrawn: e-bike manufacturer VanMoof is bankrupt
deferred payment withdrawn E-bike manufacturer VanMoof has gone bankrupt 07/18/2023, 09:39 am VanMoof is expanding rapidly during the corona pandemic. But things have been going downhill for the e-bike manufacturer…
Also because of the pandemic – now the ADEG market in Friesach has to go bankrupt
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Insolvencies are increasing – 53 Styrian construction companies went bankrupt
The bankruptcy vulture continues to circle over Styria: 283 Styrian companies went bankrupt in the first half of 2023 – around 15 percent more than in the previous year. Most…