Middle-east Arab News Opinion | Asharq Al-awsat

bankruptcy Archives - ASHARQ AL-AWSAT English Archive
Select Page
Monarch Airlines Goes Bankrupt

Monarch Airlines Goes Bankrupt

London- Britain’s Monarch Airlines collapsed on Monday, causing the cancellation of all its activities and around 300,000 flights. It marooned more than 100,000 tourists abroad, prompting what was billed as the country’s biggest peacetime repatriation effort. The...
Toys “R” Us Files for Bankruptcy

Toys “R” Us Files for Bankruptcy

Toys “R” Us Inc (IPO-TOYS.N) has filed for bankruptcy protection in a United States court, the company said, amid heavy debt and a tough environment for bricks and mortar stores. The Chapter 11 filing by the biggest US toy store chain, to restructure $5...