Trump Hotel's operator files for Chapter 11

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Source: Dukascopy Bank SA
TA Hotel Management, the operator of the Trump International Hotel located in Vancouver, filed for bankruptcy earlier this week, as the coronavirus pandemic harmed its financial hardship and revenue.
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Sat, 29 Aug 2020 12:52:32 GMT

MGM to lay off 18K US jobs

MGM Resorts International announced to its staff it was set to lay off 18K furloughed workers in the US due to the coronavirus-caused travel curbs that hurt its operations.

Sat, 29 Aug 2020 11:35:15 GMT

Triller, Centricus make $20B bid for TikTok assets

Triller's executive chairman announced the firm had made a $20B bid with the investment company Centricus Asset Management for the rival TikTok's assets, which China's ByteDance was planning to divest.

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