Purdue Pharma Wins Bankruptcy Approval in Opioid Case
Purdue Pharma receives court approval for $7.4 billion opioid settlement after Supreme Court intervention. Sackler family to pay $6.5 billion over 15 years in landmark case.
Category : Search result: personal bankruptcy China
Purdue Pharma $7B Opioid Settlement Gets Court Nod
Federal judge approves Purdue Pharma's bankruptcy plan requiring Sackler family to pay $7 billion and surrender company ownership. Thousands of opioid victims to receive compensation in historic settlement.
China's Household Debt Crisis Impacts 83 Million People
China's household debt crisis deepens with 83 million potentially in arrears. Rising defaults, aggressive collectors, and economic pressures challenge middle-class stability. Read analysis.
GM Orders Suppliers to Exit China Supply Chains by 2027
General Motors pushes suppliers to move supply chains out of China by 2027 amid geopolitical tensions. Learn how this impacts global automotive manufacturing and supply chain resilience.
Sonder Bankruptcy: Guests Evicted After Marriott Split
Sonder Holdings files for Chapter 7 bankruptcy, terminating its Marriott deal and leaving guests stranded worldwide. A travel nightmare unfolds for customers.
SBI, Govt Clash in SC Over Spectrum Sale in Insolvency
State Bank of India argues spectrum can be sold under insolvency to recover dues, while government maintains it belongs to the state. Supreme Court hearing continues.
Instant Personal Loans: Pros, Cons & Key Facts
Explore the complete guide to instant personal loans in India. Understand quick disbursal benefits, high interest risks, eligibility, and make an informed borrowing decision.
First Brands Seeks New Invoice Financing After Fraud
Bankrupt auto supplier First Brands Group is reviving invoice financing despite previous fraud allegations. Learn how this move could provide cheaper liquidity.
Travel Loans: Dream Vacation or Debt Trap?
Thinking of funding your next holiday with a personal loan? Discover the smart pros and dangerous cons of travel borrowing in our comprehensive guide for Indian travelers.
ICAI Proposes IBC Reforms to Parliament Panel
The Institute of Chartered Accountants of India submits comprehensive recommendations for Insolvency and Bankruptcy Code amendments to strengthen corporate resolution framework.
SAS exits China after 25 years, fires 400 over video call
American analytics leader SAS Institute shuts down China operations after quarter-century, terminating hundreds of employees in controversial virtual meeting that sparks outrage.
Personal Loan Rates Nov 2025: Top Banks Compared
Get the complete breakdown of personal loan interest rates from major Indian lenders in November 2025. Compare HDFC, SBI, ICICI, and Axis Bank rates to make an informed borrowing decision.
IBBI Aligns Bankruptcy Code with Anti-Money Laundering Laws
IBBI makes landmark move to integrate bankruptcy proceedings with PMLA, creating powerful new weapon against financial fraud and strengthening India's financial ecosystem.
American Airline's Kenai Aviation Collapses, Halts All Flights
Kenai Aviation, owned by American Airlines, ceases all operations amid financial insolvency. Pandemic-era debt and economic pressures blamed for the airline's dramatic collapse.
China Extends Saudi Visa-Free Travel Until 2026
China continues its visa exemption policy for Saudi passport holders, boosting tourism and bilateral relations. Here's everything travellers need to know about the extended scheme.
Trump's 60% China Tariff Plan Shakes Global Trade
Former President Donald Trump proposes massive 60% tariffs on Chinese goods, potentially reigniting US-China trade war and impacting global economy. Experts warn of consequences.
Vietnam builds islands to challenge China in South China Sea
Satellite imagery reveals Vietnam's accelerated land reclamation in the Spratly Islands, directly challenging China's maritime control and escalating tensions in the resource-rich waterway.
Saudi-China Strategic Partnership Deepens in Riyadh Meeting
In a significant diplomatic move, Saudi Crown Prince Mohammed bin Salman welcomes Chinese Vice President Han Zheng, strengthening bilateral cooperation across multiple sectors including trade, investment, and regional security.
IndiGo Launches Kolkata-Guangzhou Direct Flights Nov 10
Breaking the aviation deadlock, IndiGo launches direct Kolkata-Guangzhou flights starting November 10, reconnecting India and China after pandemic disruptions. Get details on schedule, fares, and what this means for bilateral relations.
Jack's Donuts Files for Chapter 11 Bankruptcy
Popular American donut chain Jack's Donuts has filed for Chapter 11 bankruptcy protection. Learn about the financial challenges, store closures, and future plans for this Indiana-based franchise.
iPhone Sales Decline in China: Tim Cook Explains
Apple faces unexpected iPhone sales decline in China as CEO Tim Cook explains the market challenges. Get the inside story on Apple's Chinese market performance.
China Agrees to One-Year Rare Earth Export Deal with US
In a major trade breakthrough, China agrees to continue rare earth mineral exports to US for one year. President Trump announces resolution to critical supply chain concern.
Trump Cuts China Tariffs to 47% After Xi Meeting
In a dramatic trade policy reversal, former President Donald Trump announces significant tariff reductions on Chinese goods after what he called an 'amazing' meeting with Xi Jinping, signaling potential US-China trade war thaw.
Trump Expects Great China Deal Ahead of Xi Meeting
Former US President Donald Trump expresses optimism about reaching a significant trade agreement with China during upcoming talks with President Xi Jinping, signaling potential thaw in US-China relations.
India-China military commanders meet in Ladakh after year
After a tense year-long gap, Indian and Chinese military commanders have resumed crucial dialogue in Eastern Ladakh. Get exclusive insights into the high-stakes meeting aimed at de-escalating border tensions and restoring peace along the Line of Actual Co
Candy Warehouse Files Bankruptcy Before Halloween Season
Major US candy distributor Candy Warehouse collapses into Chapter 11 bankruptcy just before crucial Halloween season, citing dramatic sales decline and economic pressures.
IndiGo Revives Kolkata-Guangzhou Direct Flights After 4 Years
IndiGo resumes direct flights between Kolkata and Guangzhou, reconnecting Eastern India with Southern China after pandemic suspension. New thrice-weekly service to enhance business and tourism ties.
China sends bombers near Taiwan before Trump-Xi meeting
In a strategic power play, China conducts military exercises near Taiwan just before President Xi Jinping meets US President Donald Trump at G20 summit, escalating regional tensions.
Trump-Xi High-Stakes Meeting: Trade War Resolution?
As Trump and Xi Jinping prepare for crucial talks, the world watches nervously. Will this high-stakes meeting resolve the bitter trade war or escalate tensions further? Exclusive insights on what's at stake for global markets.
India-China Direct Flights Resume After 4 Years
Breaking: Direct air connectivity between India and China resumes tonight with IndiGo's Kolkata-Guangzhou flight, ending 4-year suspension. New era of travel begins!
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