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Tag : Bankruptcy

News Politics

U.S. Supreme Court To Hear Case On Whether Drivers Can Get Cars Back From Chicago Auto Pound After Filing For Bankruptcy

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CHICAGO (CBS) ‚ÄĒ The case City of Chicago v. Fulton is before the U.S. Supreme Court. The justices are deciding whether drivers can get their...
Business

Ethiopian Airlines in rescue talks with South African Airways ‚Äď official

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Ethiopian Airlines is in talks over possible involvement in the rescue of flagship carrier South African Airways (SAA), the head of the airline told Reuters...
African News

Algeria economy rocked by one-two punch of coronavirus crisis

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Currency depreciation, inflation, negative growth, businesses closed: Algeria’s economy has been battered by the one-two punch of the coronavirus crisis and tumbling oil revenues. And...
News

Former Google engineer Levandowski gets 18 months sentence for stealing trade secrets

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A U.S. judge on Tuesday sentenced former Google engineer Anthony Levandowski to 18 months in prison for stealing a trade secret from Google related to...
Business

South African Airways creditors approve rescue plan

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South African Airways (SAA) creditors approved a rescue plan for the struggling airline on Tuesday that requires at least 10 billion rand ($596 million) in...
News

UK government takes $500 million stake in space exploration firm OneWeb

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As part of a consortium that includes Indian telecom Bharti Global, the UK government will invest $500 million and take a ‚Äúsignificant equity share‚ÄĚ in...