A Hong Kong court on Monday ordered the liquidation of Chinese construction company China Evergrande Group, after it failed to reach an agreement with creditors to restructure debt issued across borders. Evergrande, which has accumulated liabilities of almost 330 billion dollars, defaulted two years ago after...
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Comair, British Airways' franchise in South Africa, announces liquidation
Comair airline, a British Airways franchise in South Africa, is to go into liquidation after the company's rescue plan failed following a halt in business due to technical problems. According to France-Presse news agency (AFP) quoted by Eco Online, the company's directors "presented the...