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Headlines
Brazilian Carrier Azul Will Turn Profit in 2026 After Bankruptcy
Brazilian budget carrier Azul SA, now backed by United Airlines Holdings Inc. and American Airlines Group Inc., expects a bankruptcy-triggered reduction of debt and a slew of renegotiated aircraft leases to help it generate a…
CBN Revokes Aso Savings, Union Homes Licenses over Insolvency
The Central Bank of Nigeria (CBN) has revoked the operating licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc, citing persistent regulatory infractions and deepening financial distress, Guardian.ng…
Ex-Greensill Executives Charged in Germany Over Bankruptcy
German prosecutors charged two former board members of Greensill Bank AG for their roles in the 2021 demise of the lender, Bloomberg News reported. The men are charged with bankruptcy crimes and false accounting, a spokesman for…