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Headlines

Wednesday, January 14 2026

Business Failures in Japan Top 10,000 for Second Year Amid Rising Costs

The number of corporate bankruptcies in Japan surpassed 10,000 for the second year in a row in 2025 as smaller businesses were hard hit by soaring labor costs and surging prices, Tokyo Shoko Research, a credit research firm, said…

Wednesday, January 14 2026

Distressed Debt Buyer Applies to Put UK Broadband Operator into Administration

A distressed debt specialist has applied to appoint administrators to broadband provider G.Network a week after taking over the business, in a move towards the first insolvency among the challenger companies in the UK’s telecoms…

Wednesday, January 14 2026

Supreme Court Rebuffs Citigroup Appeal in Lawsuit over Mexican Oil Company Fraud

The U.S. Supreme Court declined on Monday to hear Citigroup's bid to avoid a lawsuit accusing the bank of causing ​more than $1 billion of losses by orchestrating a vast fraud at the bankrupt ‌Mexican oil and gas services company…