BANKRUPTCY

EV firm Volta Trucks to file for bankruptcy in Sweden

Anglo-Swedish startup Volta Trucks said Tuesday it would file for bankruptcy in Sweden after its manufacturing plans were hit by problems at...

US pharmacy chain Rite Aid files for bankruptcy

US pharmacy chain Rite Aid filed for bankruptcy Sunday, the company said, after suffering declining sales and legal threats over its alleged...

UK retailer Wilko’s administrators warn of job losses

The administrators of British household goods company Wilko warned of "likely" redundancies and store closures after they were unable to find a...

Debt service in Pakistan amounts to $25 billion

Source: Agencies Official data showed that Pakistan is obligated to pay $25 billion to service the debt burden during the current fiscal year,...

Disgraced crypto tycoon Bankman-Fried arrested in Bahamas

Washington, United States/AFP Disgraced cryptocurrency tycoon Sam Bankman-Fried was arrested Monday in the Bahamas at the request of the United States, according to...

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