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Wednesday, October 29 2025

Brazil Court Grants Relief Measures to Ambipar After Bankruptcy Filing

A Rio de Janeiro court granted relief measures requested by Brazilian waste management company Ambipar (AMBP3.SA), opens new tab as part of its bankruptcy protection filing, a ruling seen by Reuters showed on Monday. According to…

Wednesday, October 29 2025

Swiss Tech Company Seeks US Bankruptcy Protection Against IBM

Swiss software company LzLabs GmbH sought US bankruptcy court recognition of its foreign insolvency case to halt patent infringement litigation brought by tech giant IBM and preserve its stateside intellectual property, Bloomberg…

Wednesday, October 29 2025

HSBC Braces for $1.1 Billion Hit From Madoff Lawsuit

Bernie Madoff went to jail in 2009 and died in 2021. His Ponzi scheme, one of the biggest frauds in Wall Street history, is still haunting the finance industry. HSBC said that it would set aside $1.1 billion as it continues to…