Description
Added on the 26/02/2018 12:07:00 - Copyright : Euronews EN
An investment group has struck a deal to buy The Weinstein Company's assets, just days after the world-famous film studio looked set to file for bankruptcy.
Jennifer Lawrence, Brad Pitt, Leonardo DiCaprio and Meryl Streep are among those to have filed objections to the bankruptcy sale of the Weinstein Company, claiming they are owed money.
The Weinstein Company has filed for bankruptcy an released a statement declaring the termination of all "non-disclosure agreements" signed by former employees.
The Weinstein Company is headed for bankruptcy after talks to sell the business recently collapsed.
French unions call for mass protests and strike after French retail group Casino announced to be in financial difficulty, saying it is ready to sell stores to competitors. At the group's headquarters in Saint-Etienne, in east-central France, employees are demonstrating the potential dismantling of their store. IMAGES
Employees at French retailer Casino are demonstrating outside the group's headquarters in Vitry-sur-Seine, south of Paris. Unions called for the protest as thefood retail group has declared itself to be in financial difficulty, saying it is ready to sell stores to competitors. The group owns several supermarket chains such as Monoprix, Franprix, Exito, Pao de Acucar... 200,000 employees work for the Casino group worldwide including 50,000 in France. IMAGES
Dallas, Apr 27 (EFE/EPA).- Neiman Marcus, a US chain of luxury department stores, is preparing to file for bankruptcy this week after failing to make their loan payment. Brick and mortar retail industry has been on a continuous decline over the past decade due to the rise of online shopping. The coronavirus is expected to aggravate the industry's downfall as thousands of stores were forced to lay off their employees due to the lockdown. (Camera: LARRY W SMITH).FOOTAGE SHOWS THE HEADQUARTERS OF NEIMAN MARCUS IN DALLAS, TEXAS, US.