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Search Result for “bankruptcy”

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BUSINESS

Honda profit triples on sales growth, tax cut

Associated Press, Published on 02/02/2018

» TOKYO: Honda Motor Co's profit for the fiscal third quarter more than tripled from what it earned last year as its sales grew and profits got a perk from a US tax cut, the Japanese automaker said Friday.

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BUSINESS

Travellers stranded as Monarch Airlines suspends flights

Associated Press, Published on 02/10/2017

» LONDON: Troubled British carrier Monarch Airlines has suspended flights after failing to resolve its financial woes, and authorities have launched a major operation to bring home 110,000 stranded travellers.

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BUSINESS

Air Berlin filing for bankruptcy

Associated Press, Published on 15/08/2017

» BERLIN - Struggling German carrier Air BerLin says it's filing for bankruptcy after its main shareholder, Abu Dhabi-based Etihad, said it would make no more financing available.