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Headlines
Tuesday, July 1 2025
U.K.'s Lindsey Oil Refinery Insolvent, 420 Jobs at Risk
Britain's Lindsey oil refinery has begun insolvency proceedings, putting hundreds of jobs at risk and potentially increasing the country's reliance on fuel imports just weeks after its Grangemouth refinery stopped processing oil…
Tuesday, July 1 2025
France’s Carmat Files for Insolvency, Shares Suspended
French heart prosthesis company Carmat has filed for insolvency and requested to be placed in receivership after failing to secure emergency funding, it said on Monday, Reuters reported. Trading in Carmat shares have been…
Tuesday, July 1 2025
LeddarTech Bankruptcy Filing Reveals $146 Million in Debts to Québec, BDC, and Other Backers
Autonomous driving software company LeddarTech has filed for bankruptcy under Canada’s Bankruptcy and Insolvency Act (BIA) days after announcing its plans to wind down operations on June 16, Betakit.com reported. The filing from…
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