Page 34 - Bkrt News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Bkrt. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Bkrt Today - Breaking & Trending Today
LATAM Airlines Group (LTM.SN), the region's largest carrier, said on Wednesday that it had sought to extend until September the deadline to present its restructuring plan as part of the bankruptcy protection process initiated in 2020. ....
Ryanair (RYA.I) will appeal against funds made available to the government-owned Italian airline that will replace Alitalia as it considers them illegal state support, the chief executive of the Irish carrier said on Saturday. ....
China's HNA Group Co (HNAIRC.UL) said some 67,400 creditors are seeking a total of 1.2 trillion yuan ($187 billion), according to a person who attended the conglomerate's online meeting for creditors on Friday. ....
Asia PacificLim family s global assets on radar after Singapore court move Anshuman DagaJessica Jaganathan 4 minute read Founder of collapsed oil trading firm Hin Leong Trading Pte Ltd, Lim Oon Kuin, better known as O.K. Lim, arrives at the State Courts in Singapore April 30, 2021. REUTERS/Edgar Su A Singapore court has approved a freeze on up to $3.5 billion of assets of the family behind collapsed Hin Leong Trading Pte Ltd, boosting the prospect of debt recovery from the former oil trading empire that counts some of the world s biggest banks among its creditors. Hin Leong was wound up in March after failing in a year-long effort to restructure more than $3 billion in debts after the COVID-19-led oil crash laid bare huge losses. Founder Lim Oon Kuin admitted in a court document last year to directing the company not to disclose hundreds of millions of dollars in losses over several years. read more ....
EnergyLiberty Steel to sell UK assets, in talks with Credit Suisse Reuters 2 minute read The Liberty Steel flag flies over the steel plant in Dalzell, Scotland, Britain April 8, 2016. REUTERS/Russell Cheyne/File Photo Tycoon Sanjeev Gupta s Liberty Steel Group said on Monday it would sell several UK assets and was holding talks with Credit Suisse about a standstill deal for its Australian unit after the collapse of Liberty s key lender Greensill Capital. Gupta s family conglomerate had been seeking refinancing of its cash-starved web of businesses in steel, aluminium and energy after supply chain finance firm Greensill filed for insolvency in March. ....