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Global car rental company Hertz became the latest economic casualty of the coronavirus pandemic on Friday, filing for bankruptcy in the US and Canada after more than a century...
J.C. Penney Co is preparing to file for bankruptcy protection as soon as next week with plans to permanently close about a quarter of its roughly 850 stores, becoming...
The Bank of Japan (BOJ) is set to boost funding support for companies, but it will avoid cutting interest rates, sources say, as it could encourage people to step out...
V Nagarajan India’s Supreme Court (SC) upheld the changes to the Insolvency and Bankruptcy Code (IBC) allowing homebuyers to initiate proceedings against erring real estate developers in case of default...