Topic: financial crisis
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Russian Space Official: "We Must Stop Lying to Ourselves" About Industry's Health
The head of Russia's RSC Energia has declared the corporation's condition critical due to severe financial and operational challenges, including multi-million dollar debts and unsustainable loan interest. Igor Maltsev, the company's leader, reported difficulties in meeting payroll and contractual...
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Grindr May Go Private Amid Financial Pressure
Grindr's principal shareholders are exploring taking the company private due to financial pressures from a sharp stock decline, despite the app's strong operational performance. Majority owners Raymond Zage and James Lu used their shares as collateral for personal loans, leading to liquidation by...
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