Local firms reel from second COVID-19 wave
10:02 | 04/08/2020
The return of COVID-19 has disrupted local businesses' plans adjusted after the pandemic’s initial impacts.
A Huge Wendy's and Pizza Hut franchise filed for bankruptcy due to Covid-19
15:56 | 02/07/2020
NPC International, the operator of 1,200 Pizza Hut and nearly 400 Wendy's restaurants in the United States, has filed for bankruptcy as coronavirus pandemic puts pressure on the struggling restaurant industry.
List of US' prominent retailers filing for bankruptcy due to Covid-19
23:10 | 28/05/2020
Coronavirus has pushed some of the most vulnerable brands in the US toward the brink of bankruptcy as many as a running list of retailers have recently declared failure including J. Crew, Neiman Marcus, Stage Stores, J.C. Penney and the newly sunk Tuesday Morning among others.
LATAM, the largest airlines in Latin America, files for bankruptcy
07:27 | 28/05/2020
According to a statement released on LATAM Airlines Group’s website, the largest carrier in Latin America, filed for Chapter 11 bankruptcy earlier this week.
Avianca, the world's second oldest airline, files for bankruptcy
16:21 | 13/05/2020
Avianca, the second-largest airline in Latin America, filed for bankruptcy protection in the United States on Sunday to reorganize its debt "due to the unpredictable impact" of the coronavirus pandemic.
Fitness startup WeFit files for bankruptcy
12:01 | 12/05/2020
Onaclover Jsc, the owner and developer of Hanoi-based fitness app WeFit, announced its bankruptcy and termination of services in a Monday email to customers due to financial struggle linked to the Covid-19 pandemic.
US’ fashion chain J.Crew may face bankruptcy due to COVID-19-induced heavy debt load
22:45 | 04/05/2020
Fashion retailer J. Crew is pushed into the edge as its parent company has recently filed for Chapter 11 bankruptcy protection Monday after the coronavirus pandemic undermined its turnaround plans, USA Today reported.
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