Bankruptcy
Cash-strapped Indian airline Go First filed for bankruptcy on Tuesday, blaming "faulty" Pratt & Whitney engines for the grounding of about half its fleet. The move marks the first major airline collapse in India since Jet Airways fil..
Philippine Airlines filed for Chapter 11 bankruptcy in New York with a lender-supported plan that helps the country's main carrier recover after the Covid-19 pandemic devastated global travel. The company aims to cut US$2 billion (S$2.68 ..
Johnson & Johnson (JNJ.N) is exploring a plan to offload liabilities from widespread Baby Powder litigation into a newly created business that would then seek bankruptcy protection, according to seven people fami...
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