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Wednesday, July 2 2025

Argo Stock Crashes Over 60% Amid Bitcoin Mining Restructuring to Avert Insolvency

Shares of Argo Blockchain plunged more than 60% on Monday after the Bitcoin mining company unveiled a court-supervised restructuring plan in a last-ditch effort to avoid bankruptcy, TheMinerMag.com reported. The London- and…

Wednesday, July 2 2025

Argentina Ordered to Surrender YPF Stake to Satisfy Court Judgment

A U.S. judge ordered Argentina to give up its 51% stake in oil and gas company YPF to partially satisfy a $16.1 billion court judgment against the country, Investing.com reported. U.S. District Judge Loretta Preska in Manhattan…

Wednesday, July 2 2025

Turkey’s Sıddık Kardeşler Haddecilik Files for Bankruptcy Proceedings

Turkish steelmaker Sıddık Kardeşler Haddecilik, has been unable to overcome its ongoing financial difficulties and has filed for bankruptcy proceedings, SteelOrbis.com reported. Accordingly, the company and its partners have…