Greece on Thursday grappled with the notion of direct fiscal control from Brussels as it rushed to finalise a eurozone debt rescue and overcome mounting EU scepticism in time to
Digital imaging firm Kodak India today said the bankruptcy filing by its parent in the US will not impact operations here and it will continue to do normal business in
Eastman Kodak Co, which invented the hand-held camera and helped bring the world the first pictures from the moon, has filed for bankruptcy protection, capping a prolonged plunge for what
Eastman Kodak Co is in advanced talks with Citigroup Inc to obtain financing that would be used if the money-losing photography company files for bankruptcy protection, Bloomberg News said on
In signs of persisting financial woes in the US, the count of bankruptcy filings jumped as much as 20 per cent to 1.57 million in the year ended June
JPMorgan Chase & Co and Citigroup Inc helped cause the failure of Lehman Brothers Holdings by demanding more collateral and changing guarantee agreements, according to a court-ordered report on the biggest bankruptcy in US history.
US automaker General Motors will repay the federal loans, which it received to come out of bankruptcy, to the American and Canadian governments by June this year, a top executive of the company has said.
A Bernard Madoff company that owns one-half of a $25 million corporate jet has filed for bankruptcy protection, and the aircraft may be sold to benefit victims of the imprisoned Ponzi schemer.
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