bankruptcies

US Corporate Bankruptcies Surge to Highest Levels Since 2010 in Q1

2 months ago

In the first quarter of 2023, corporate bankruptcies in the United States have reached a record level not seen since 2010. According to analysis from "Baker Hughes," there were 2,872 bankruptcies registered during this time, reflecting a 33% increase compared to the same quarter last year. This surge not only significantly exceeds the levels of previous years but also indicates potential difficulties many companies face under economic pressure.

Bankruptcies in Sweden Decline for the First Time in Two Years

9 months ago

Sweden is experiencing a positive trend in the economy as the level of bankruptcies in the country has decreased, marking an unexpected turn of events. According to the latest data released by the Swedish Statistics Agency, the number of bankruptcies in August 2024 dropped by 10% compared to the same month last year. This decline is the first recorded in the past two years, offering hope for the business sector and the economy as a whole.