JANNIE Chan Siew Lee had her appeal against a bankruptcy order dismissed by the High Court on Monday. The co-founder of mainboard-listed luxury timepieces retailer The Hour Glass will not be able...

BT EXCLUSIVE

JANNIE Chan Siew Lee, the co-founder of mainboard-listed luxury watch retailer The Hour Glass, has been made a bankrupt for owing a licensed moneylender over S$4.15 million.

BRITISH celebrity TV chef Jamie Oliver on Tuesday said that his restaurant group employing 1,300 staff had collapsed.

[LOS ANGELES] Harvey Weinstein's former movie studio is seeking to liquidate in bankruptcy, a final blow to a prestigious Hollywood institution that imploded when Weinstein was accused of abusing...

[SAN FRANCISCO] San Francisco may make a multibillion-dollar bid within months for some of PG&E's assets, according to a report Monday.

A SERIES of bankruptcy filings by major private-sector bond issuers in China's third-wealthiest province is shining a spotlight on aggressive efforts by local governments to manage unsustainable...

[BERLIN] Holiday airline Germania collapsed on Tuesday and cancelled all flights immediately, the latest to succumb to turbulence in the European airline industry as it failed to secure financing...

[NEW YORK] PG&E Corp has arranged US$5.5b to fund its operations during a bankruptcy process that it expects to take about two years, boosting the shares.

[WILMINGTON, Delware] Sears has survived the Great Depression and world wars. Whether the 126-year-old retailer stays afloat or goes out of business now hinges in part on paying for the enormous...

SEARS Holdings Corp got another chance at survival after chairman Eddie Lampert put together a last-minute, last-ditch bid to buy the retailer out of bankruptcy.