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Search Result for “bankruptcy”

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BUSINESS

Pharma giants to pay $590 mn to US Native Americans over opioids

AFP, Published on 02/02/2022

» NEW YORK: A group of pharmaceutical companies and distributors agreed to pay $590 million to settle lawsuits connected to opioid addiction among Native American tribe members, according to a US court filing released Tuesday.

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BUSINESS

Amazon's Marketplace Model Coming to a Store Near You

Business, Published on 16/12/2021

» Everyone and their brother is getting an online marketplace. What should investors make of it?

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BUSINESS

The Challenging Road Ahead for Rivian's Billionaire CEO

Business, Published on 13/12/2021

» RJ Scaringe grew up studying the auto industry, peering under parked cars as a teenager and stashing spare parts around his bedroom. Now, at 38, he wants to disrupt it.

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BUSINESS

Nok Air laments dearth of passengers

Business, Dusida Worrachaddejchai, Published on 02/12/2021

» Air passenger traffic after Thailand's reopening on Nov 1 has not lived up to operators' expectations as demand from foreign tourists has been lukewarm, says Nok Air.

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BUSINESS

E-Commerce Needs Real Store Locations Now More Than Ever

Business, Published on 27/11/2021

» After losing ground to e-commerce, bricks-and-mortar stores are back in style.

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BUSINESS

The Great Shopping Reset: How the Pandemic Helped Fix Retail

Business, Published on 22/11/2021

» The Covid-19 pandemic was supposed to deliver a knockout punch to department stores and specialty retailers. Instead, many of them are bouncing back healthier.

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BUSINESS

J&J Split Plan Reflects Change in the Healthcare Industry

Business, Published on 15/11/2021

» Johnson & Johnson plans to break up into two companies, splitting off the $15-billion-a-year division that sells Band-Aid bandages, Tylenol medicines and Johnson's Baby Powder in a shift indicating just how much healthcare has changed since the company helped pioneer the industry.

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BUSINESS

THAI seeks B25bn loan, expands cargo flights by 30 routes

News, Wichit Chantanusornsiri, Published on 12/11/2021

» Thai Airways International (THAI) is expected to seek 25 billion baht in loans to boost its financial liquidity as the airline expands its cargo flight services to a further 30 routes from now until March next year.

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BUSINESS

Dhara Dhevi bidding opens Nov 12

News, Post Reporters, Published on 04/11/2021

» The Legal Execution Department has announced the reserve auction price of the Dhara Dhevi Hotel in Chiang Mai, with an initial price of 2.11 billion baht. Bidding is due to begin on Nov 12.

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BUSINESS

Thai Airways to sell 42 jets, cut workforce to reduce costs

Reuters, Published on 01/11/2021

» Thai Airways International Plc will sell 42 planes and cut nearly a third of its workforce as part of a plan to slim down the fleet and cut costs, the head of its restructuring committee said on Monday.