In the 2023-24 financial year, a record 3,000 construction firms in Australia were declared bankrupt (insolvent). New data from ASIC suggests that construction insolvencies have worsened in 2024-25.

The US-based operator of Forever 21 was preparing to close at least 200 more locations as part of a bankruptcy process expected to kick off as soon as next month, Bloomberg News reported Wednesday ...

An icon in the shape of a lightning bolt. Impact Link Another would-be Tesla rival has filed for bankruptcy, in the latest sign of how difficult it is to make money off electric vehicles.

PHOENIX (AP) — Troubled Phoenix-based electric vehicle maker Nikola has filed for Chapter 11 bankruptcy protection months after saying that it would likely run out of cash early this year.

Troubled electric vehicle maker Nikola announced on Wednesday it had filed for Chapter 11 bankruptcy protection, months after saying that it would likely run out of cash early this year. The American ...

Nikola said Wednesday it had filed for Chapter 11 bankruptcy protection and would pursue a sale of all or most of its assets, after grappling with rapid cash burn and struggling to raise funds in ...

Nikola Corp. filed for bankruptcy, culminating a long slide for the onetime darling of the electric-vehicle industry, which struggled with weak sales and cycled through CEOs in the wake of a fraud ...

Nikola Corp., a manufacturer of zero-emission trucks, filed for Chapter 11 bankruptcy protection. The company cited macroeconomic factors and market headwinds for its financial struggles.

Nikola looks to wind down operations EV maker latest to go bankrupt in the sector Market valuation tumbles to under $50 million from peak of $27 billion Feb 19 (Reuters) - Nikola (NKLA.O), opens ...

SINGAPORE: Former tycoon Lim Oon Kuin has been declared bankrupt in Singapore, following the collapse of his oil trading empire. The name of the founder of Hin Leong Trading Pte and his children ...

Premium Quality Power IPO Day 2 Highlights: The subscription period for the Quality Power IPO is scheduled from Friday, February 14, to Tuesday, February 18. Quality Power IPO Day 2 Highlights ...