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Sri Lanka's new president presents first budget with focus on crisis recovery
By Uditha Jayasinghe COLOMBO (Reuters) - Sri Lanka's new President Anura Kumara Dissanayake will out...
14th February, 2025
Debt Restructuring
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UK court approves Sino-Ocean's debt restructuring plan
LONDON (Reuters) - London's High Court on Monday approved Chinese property developer Sino-Ocean Grou...
3rd February, 2025
Finance
Intrum files for bankruptcy in US to restructure $4.5 billion debt pile
(Reuters) – Intrum, Europe’s biggest debt collector, on Friday said it had filed for Chapter 11 bank...
16th November, 2024
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Butler Industries joins Onepoint in Atos rescue consortium
Butler Industries joins Onepoint in Atos rescue consortium PARIS (Reuters) – Paris-based Butler Indu...
8th April, 2024
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France’s Atos seeks debt restructuring plan by July after record losses
France’s Atos seeks debt restructuring plan by July after record losses By Augustin Turpin (Reuters)...
26th March, 2024
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Banking stability worries go behind closed doors at IMF-World Bank meetings
Banking stability worries go behind closed doors at IMF-World Bank meetings By David Lawder and Andr...
17th April, 2023
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Sovereign debtors, creditors agree on steps to jumpstart debt restructurings
Sovereign debtors, creditors agree on steps to jumpstart debt restructurings By Andrea Shalal WASHIN...
13th April, 2023
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Sri Lanka to unveil debt restructuring plan to creditors
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lankan authorities will formally hold talks with intern...
23rd September, 2022
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Evergrande winding-up lawsuit in Hong Kong adjourned to Nov 7
HONG KONG (Reuters) – Hong Kong’s High Court approved on Monday an application by China Evergrande G...
5th September, 2022
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Exclusive-Naftogaz CEO prepared to step down if it would facilitate debt deal
By Andrea Shalal KYIV (Reuters) – The head of state-run Ukranian energy company Naftogaz is ready to...
1st September, 2022
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Garuda Indonesia wins creditors’ approval for $9 billion restructuring
By Stefanno Sulaiman JAKARTA (Reuters) – Garuda Indonesia’s proposal for restructuring its more than...
17th June, 2022
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‘We are going to die’: Food shortages add to Sri Lanka’s woes
By Devjyot Ghoshal and Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s prime minister has warned o...
20th May, 2022