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Reorg's 2023 Americas Advisory League Tables Data Reveal a 70% Increase in Engagements Amid Surge in Bankruptcy Activity

/PRNewswire/ -- Reorg, a global provider of credit data, analysis and intelligence, has released its 2023 Americas Advisory league tables data showing...

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Factbox: Corporate debt woes are on the rise

From Britain to Sweden and France, debt-laden firms are starting to feel the strain from high inflation and interest rates.

United-kingdom , Spain , London , City-of , Czech-republic , France , Barcelona , Comunidad-autonoma-de-cataluna , Sweden , Britain , Swedish , Czech

Yandex granted Nasdaq lifeline subject to Russia restructuring

Russian internet firm Yandex on Thursday said it had been granted permission to retain its Nasdaq Stock Exchange listing provided the restructuring and divestment of its Russian business is concluded by the end of 2023.

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Credit repairer PGX begins bankruptcy with $12 mln loan

Credit repair company PGX Holdings Inc was approved for a $12 million bankruptcy loan on Tuesday, which it will use to auction its assets after the U.S. Consumer Financial Protection Bureau successfully challenged its billing practices.

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Exclusive: Trinidad to restart idled LNG unit by early 2027 amid restructuring -sources

Trinidad and Tobago aims to restart an idled liquefied natural gas (LNG) unit by the first quarter of 2027 after agreeing to restructure the facility's ownership and negotiate new gas supplies, according to three people with knowledge of the plans.

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Sequoia to split off China, India/Southeast Asia businesses amid geopolitical tension

U.S. venture capital giant Sequoia plans to split off its Chinese and Indian/Southeast Asian businesses into two independent firms, it said on Tuesday, as it tries to better navigate economic and geopolitical challenges.

China , Hongshan , Jiangxi , Hong-kong , Shanghai , Mumbai , Maharashtra , India , San-francisco , California , United-states , Beijing

Spotify to lay off 200 workers in podcast division

Spotify Technology SA said on Monday it would cut 200 jobs from its podcast unit in its second round of layoffs, as the company restructures the business after years of heavy investment.

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Exclusive: Walt Disney's Pixar targets 'Lightyear' execs among 75 job cuts

Walt Disney's Pixar Animation Studios has eliminated 75 positions including those of two executives behind box office disappointment “Lightyear,” sources said on Saturday, the first significant job cuts at the studio in a decade.

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Unicaja to start search for new CEO in revamp

Spain's Unicaja on Thursday it would immediately start searching for a new chief executive to replace Manuel Menendez as part of the bank's plan to revamp its corporate governance structure.

United-states , Spain , Madrid , Azuaga , Comunidad-autonoma-de-extremadura , Switzerland , Spanish , Richard-chang , David-latona , Manuel-menendez , Reuters , Silicon-valley-bank

South African retailer Steinhoff seeks court approval for debt restructuring

Steinhoff International , said on Thursday it has sought approval from a Dutch court for a debt restructuring plan aimed at saving the South African retailer from bankruptcy.

Johannesburg , Gauteng , South-africa , Amsterdam , Noord-holland , Netherlands , South-african , Dutch , Promit-mukherjee , Jason-neely , Thomson-reuters-trust-principles , Reuters