Tag: bankruptcy

Technology

The Rise and Fall of WeWork: From Tech Giant to Bankruptcy

by The Global Economics

November 7, 2023

WeWork, a brainchild of Adam Neumann in 2010, was the embodiment of the sharing economy. In ...

Commercial

$17 Billion Debt Deemed Worthless by Credit Suisse, Leaves Bondholders Indignant

by Rahil Adnan

March 20, 2023

The move is being highly criticized by many, as it seems to have hit a nerve ...

Crypto & Fintech

Bankruptcy Dawns on Crypto Exchange FTX

by Jagriti Saha

November 14, 2022

CEO Sam Bankman-Fried, the thirty-year-old heading FTX, has resigned and is now at the centre of ...

Technology

EU Launches €10B Ambitious Space Program To Compete With Elon Musk’s Starlink

The information collected by the EU-owned satellites and the services they offer is a public resource available at no cost ...

December 17, 2024

Economy

Developing Countries Face $29 Trillion Debt Crisis for 2025

Emerging market debt has become two-fold in the last 10 years, reaching 29 trillion. Developing countries, already facing a challenge ...

December 16, 2024

Energy

Australia’s Opposition Proposed Ambitious $211 Billion Nuclear Power Vision

Australia should use their advantage of being the sunniest country to produce wind and solar energy and replace its ageing ...

December 13, 2024

Technology

Australia Charges Meta, TikTok, and Google If They Don’t Pay For Journalism

Australia passed a law requiring US tech companies to pay media companies for the links that attract readers and give ...

December 12, 2024

Economy

UAE Plans to Introduce 15% Company Tax on MNCs

UAE is dedicated to adopting the two-pillar resolution of OECD, which aims to create a fair and transparent tax system ...

December 11, 2024

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The Global Economics Limited is a UK based financial publication and a Bi-Monthly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.