Showing 111 - 120 of 665
Voyager seeks bankruptcy as crypto mogul’s lifeline fails
Published on 06/07/2022
» Crypto broker Voyager Digital Ltd filed for Chapter 11 bankruptcy protection just weeks after getting a lifeline from billionaire Sam Bankman-Fried’s Alameda Research, citing market volatility and the collapse of a hedge fund it had lent money to.
Voyager Digital halts all trading after 3AC default
Business, Poonyapat Luenam, Published on 05/07/2022
» Major crypto exchange Voyager Digital halted all trading, deposits and withdrawals, preventing all users from accessing their funds after losing over half of its assets from Three Arrows Capital's (3AC) default on a loan worth over US$650 million.
Employers back wage hike
Business, Lamonphet Apisitniran, Published on 02/07/2022
» The Employers' Confederation of Thai Trade and Industry (EconThai) has come out in support of a daily minimum wage hike if the increase is appropriate based on current inflation.
THAI revises debt rehab plan
News, Post Reporters, Published on 02/07/2022
» Thai Airways International (THAI) on Friday submitted a new debt rehabilitation plan following a better-than-expected recovery from its financial crisis, said Piyasvasti Amranand, chairman of the THAI panel overseeing the airline's court-monitored debt plan.
Thai Airways aims for 2024 completion of restructuring
Published on 01/07/2022
» Thai Airways International Plc expects to complete its corporate restructuring in two years as the airline's performance gradually improves and global travel resumes, its restructuring committee chief said on Friday.
Thai AirAsia X to honour paid bookings
Business, Narumon Kasemsuk, Published on 23/06/2022
» Thai AirAsia X is committing to paying a refund in full to all 6,500 paid bookings during the two years of the pandemic, even as the airline is undergoing bankruptcy.
THAI sees signs of an early turnaround as losses shrink
News, Kamolwat Praprutitum, Published on 22/06/2022
» Thai Airways International (THAI) is banking on pulling out of bankruptcy protection and resuming trading of its shares earlier than planned as the carrier's bottom line is looking up.
Coinbase to lay off 18% of workers as crypto winter worsens
Published on 15/06/2022
» Coinbase Global Inc announced Tuesday will lay off 18% of its workforce in another sign of a worsening crypto downturn that’s shaved off trillions of the total cryptocurrency market value.
Cosmetics Maker Revlon Nears Chapter 11 Filing
Business, Published on 13/06/2022
» Revlon Inc. is preparing to file for chapter 11 protection as soon as this week after struggling for years with too much debt, stiff competition in the cosmetics business and more recent inflation and supply-chain pressures, people familiar with the matter said.
Sycamore, Franchise Group Submit Bids for Kohl's
Business, Published on 04/06/2022
» Kohl's Corp. received takeover bids from private-equity firm Sycamore Partners and retail holding company Franchise Group Inc., according to people familiar with the matter.