Breaking 09:45 Five killed as severe flooding hits Togo after heavy rainfall 09:30 Mexico seizes nearly three tonnes of cocaine in Pacific anti-drug operation 09:15 Uber scales back European food delivery expansion amid Delivery Hero takeover pursuit 09:00 Foxconn posts strong second-quarter revenue growth on AI demand, warns of geopolitical risks 08:45 Venezuela earthquake death toll approaches 3,000 as rescue operations wind down 08:30 Qatar lifts temporary maritime restrictions, resumes all sea activities 08:15 Taiwan revives anti-communist military education amid growing pressure from China 08:02 China and Russia to hold joint naval drills near Qingdao before Pacific patrols 19:15 Gaza detention image sparks anguish as two mothers search for missing sons 19:07 2026 World Cup: Morocco Dominates Canada (3-0) and Advances to Quarterfinals 19:00 Armenia’s top court upholds election result, rejecting opposition challenge 18:45 Swimming returns to the Seine as Paris reopens Olympic-era bathing sites for summer 18:30 Erdogan warns Israel against undermining US–Iran diplomatic efforts 18:15 Man kills partner before taking his own life in Limay, Yvelines after prior domestic violence conviction 18:00 Hundreds gather in Carcassonne to honour teenager killed in alleged ambush 17:27 France expands emergency fuel aid scheme for road transport companies 17:15 Morocco and Bangladesh explore new avenues to deepen bilateral cooperation 17:00 Morocco launches 2026 National Summer Camp Programme to benefit 210,000 children 16:45 Lidl warehouse project on former Nazi camp site sparks controversy in Austria 16:30 Major fire breaks out at former traveller camp in France's Essonne region 16:15 Morocco's National Festival of Popular Arts opens with spectacular celebration of cultural heritage 16:02 India's auto industry defends E20 ethanol fuel rollout amid growing public concerns 15:45 Prince Harry to attend UK engagements without Meghan and children 15:30 Three arrested after fatal assault investigation in Inzegane 15:15 China expands coast guard patrols east of Taiwan amid rising regional tensions 15:00 Greenland rejects US pressure as prime minister rules out any sale 14:45 SRM Casablanca-Settat accelerates water security strategy with desalination expansion 14:30 NASA launches pioneering orbital rescue mission to save aging Swift telescope 14:15 Married at First Sight UK investigation deepens after former contestant arrested 14:00 French economists unveil 14 policy proposals ahead of 2027 presidential election 13:45 Mexican journalist Roxana Guzman found dead weeks after abduction in Veracruz 13:30 Wildfire continues to burn in France’s Drôme as more than 200 firefighters battle difficult terrain 13:15 King Charles III reaffirms UK–US “shared values” on 250th anniversary of American independence 13:00 Egypt to receive €1.5 billion EU funding tranche as macro-financial aid progresses 12:45 Pope Leo XIV calls on Europe to strengthen long-term response to migration during Lampedusa visit 12:30 French child protection bill sparks dispute over amendment on terrorism database checks 12:22 HM king Mohammed VI highlights historic Morocco–US partnership in message to Trump 12:15 Celebrated Paris chef Bertrand Grébaut dies at 44 12:00 Ukrainian drone strike reportedly hits oil terminal in St. Petersburg, Russian authorities say 11:45 Petition surpasses 100,000 signatures opposing French bill on police use of firearms 11:30 CAF launches bidding process to host the 2028, 2032 and 2036 Africa Cup of Nations 11:21 Lidl air conditioners resold at inflated prices amid heatwave-driven demand surge 11:14 Morocco weighs Rafale F4.3 fighter jet option as defence ties with France deepen 11:07 US launches “Trump Accounts” as 250th Independence Day celebrations begin 11:05 Germany drafts €203 billion borrowing plan as defence and investment spending surge 11:00 Keiko Fujimori officially declared Peru’s president-elect after tightly contested election 11:00 Continental agrees €4.6 billion sale of ContiTech unit to Lone Star Funds 10:52 AI helps small mental health startup scale rapidly from idea to multi-state operation 10:45 Nationwide marches planned across France to demand stronger action against sexual violence 10:36 Ukraine denies Russian claims of capturing Kostyantynivka as fighting continues in Donetsk region 10:30 Venezuela earthquake rumours fuel false hope over missing child in La Guaira 10:23 Visigoth treasure discovery sparks controversy over authenticity of landmark Spanish archaeological find 10:15 Costa Rican scientists identify potential new ghost shark species in the Pacific Ocean 10:03 Thousands protest in Erfurt as anti-AfD demonstrators attempt to block party congress in Germany 10:00 Firefighters remain on high alert as southern France battles major Aude wildfire

Keywords: Bankruptcy


Russian oil companies face bankruptcies as sanctions slash prices

Russia’s oil sector is entering its deepest crisis in decades as Western sanctions drive export prices sharply lower and push smaller producers toward insolvency, threatening a central pillar of the Kremlin’s wartime economy. State lender VTB is preparing to file for bankruptcy against First......

Iran: Major private bank Ayandeh declared bankrupt, Assets absorbed by state

One of Iran’s largest private banks, Ayandeh Bank, has been officially declared bankrupt by the Iranian authorities, according to state media on Saturday. Founded in 2012, the institution—whose name means “future” in Persian—operated more than 270 branches across the country......

FTX to distribute $1.6 billion to creditors as recovery efforts surpass $7 billion

FTX, the once-dominant cryptocurrency exchange that collapsed in 2022, is set to distribute $1.6 billion to creditors starting September 30, 2025. This marks a significant milestone in the ongoing U.S. bankruptcy proceedings, with repayments overseen by a court-appointed recovery team. A structured......

Berlin’s iconic SchwuZ nightclub files for bankruptcy amid rising costs

SchwuZ, known as Germany’s oldest and largest gay nightclub, has filed for bankruptcy after nearly 50 years of operation. The beloved Berlin institution, founded in 1977 in Kreuzberg, played a vital role in shaping the city’s LGBTQ+ culture and nightlife. Now based in Neukölln since......

China’s hidden bankruptcies reveal rising investor risks

Dalian, China – April 15 – When a Chinese pork company filed for bankruptcy in 2019, it shocked Alan Hill, a retired Apple executive from Albuquerque. He had invested around $100,000 in Dalian Chuming Meat Processing through Energroup Holdings, a U.S.-listed firm. While the company had stopped......

The uncertain future of 23andMe and user data risks

Users of 23andMe, a well-known direct-to-consumer genetic testing company, are being advised to delete their data following the company's recent bankruptcy filing in the United States on March 23. The company, which has collected genetic information from approximately 15 million users since its founding......

Celsius Founder Alex Mashinsky Pleads Guilty to Fraud Charges

Alex Mashinsky, the founder and former CEO of the cryptocurrency lender Celsius Network, recently pleaded guilty to two counts of fraud in the United States. This marks a significant development in the ongoing investigations into financial misconduct within the cryptocurrency sector.  Background......

 Spirit Airlines Files for Chapter 11 Bankruptcy Amid Financial Struggles

Spirit Airlines has officially filed for Chapter 11 bankruptcy protection, citing mounting losses, increasing debt, and a failed merger as key factors in its decision. The Florida-based airline made the announcement on Monday, detailing the steps it will take to stabilize its operations amid financial......

The Final Act for Moroccan Glassmaker Tolba Verre: Navigating Industry Challenges

The glassmaking industry in Morocco continues to face severe challenges amidst competitive pressures. Following the 2019 collapse of Tangier-based Glassry, a former industry leader backed by Moroccan investors that disintegrated just five years after its highly-publicized launch, another local manufacturer......

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