tag bankruptcy

Travel Agencies on Verge of Bankruptcy Due to Covid-19

EghtesadOnline: Travel agencies suffered losses to the tune of 10 trillion rials ($38.5 million) in the first two months of the Covid-19 pandemic in Iran alone, of which 40% were due to the decline in domestic tourists and 60% by fall in the number of international tourists, says the head of Travel Agents Guild Association.
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Publish Date:08/December/2020 | 16:03

Golfsmith Files Bankruptcy With Sport’s Popularity Fading

EghtesadOnline: Golfsmith International Holdings Inc. filed for bankruptcy , hoping to reorganize or attract a buyer who can save the golf-gear retailer as the sport’s popularity fades in North America.
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Publish Date:15/September/2016 | 09:53

Puerto Rico debt fix unlikely to resemble Detroit's

EghtesadOnline: The federal appointees tapped to help map Puerto Rico's economic future are technocrats more than political actors, and that could make the U.S. territory's fiscal turnaround look more like a corporate restructuring than a politically charged municipal bankruptcy in the vein of Detroit.
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Publish Date:06/September/2016 | 07:51

Private Power Producers Under Stress

EghtesadOnline: Unprecedented volatility in the currency market over the last 15 months is adding financial pressure on private electricity producers and most are on the verge of bankruptcy , head of the board of directors of the Power Generation Companies Syndicate said Tuesday.
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Publish Date:25/December/2019 | 11:52