The boss of Russia’s biggest construction holding has warned that the country’s high interest rates could cause many bankruptcies in the construction sector. Alexei Krapivin, chief executive of Natsproektstroy, told…

Hong Kong’s High Court has liquidated Paul Y. Engineering, a construction and civil engineering company founded in 1946, after it defaulted on debt repayments. Paul Y. is currently involved with…

EV battery maker Northvolt has filed for bankruptcy in Sweden after making an “exhaustive effort” to secure a viable future. The company said in a statement that it had faced…