Sinochem Group may keep three bankrupt oil refineries located in eastern China after auctions to sell them drew little interest from other companies, sources familiar with the matter said.

Chain restaurants don't always stand the test of time. Worried your favorite spot might soon go bankrupt? Here are the signs ...

Chinese state-owned Sinochem may keep three of its bankrupt refineries due to weak market demand and a lack of buyers.

Sinochem Group may keep three bankrupt oil refineries located in eastern China after auctions to sell them drew little ...

Sinochem Group may keep three bankrupt oil refineries located in eastern China after auctions to sell them drew little ...

Haru Invest, once a prominent crypto yield platform, has been declared bankrupt after defrauding over 16,000 investors of $1 billion.

Many suspect the main reason why church officials find Chapter 11 so attractive is that it helps bishops keep their secrets ...

South Korean crypto yield platform Haru Invest, implicated in a $1 billion fraud, has officially been declared bankrupt.

Multiple U.S. airlines have undergone bankruptcies over the years, including United Airlines in 2002, Delta Air Lines in 2005 ...

The trouble began after multinational conglomerate Vivendi acquired Sierra Entertainment. Sierra had a long-time relationship with Valve, producing and distributing Half-Life and all of its spinoff ...

Spirit Airlines recently filed for Chapter 11 bankruptcy protection, which has understandably caused concern for travelers ...

The largest budget airline in the U.S., has filed for Chapter 11 bankruptcy protection. Spirit Airlines said said customers shouldn't see any disruption to their travel plans while the process unfolds ...