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In this issue

Corporate defaults are well below average but the minnows are under severe stress

Sep 20, 2012

Low failure rates mask tough times

Corporate defaults are well below average but the minnows are under severe stress, writes Robin Wigglesworth

Activists of the SAT Andalucian trade union and their supporters marching in Madrid ©Getty Sep 20, 2012

Continental Europe: Boom in going bust fails to arrive – yet

Economic problems in the peripheral eurozone countries could bring increased opportunities, writes Michael Stothard

Nokia phone Sep 20, 2012

Case study: Nokia seeks better connection in survival fight

The struggle the Finnish group currently finds itself in could be its most serious, writes Richard Milne

A Travelodge hotel Sep 20, 2012

UK: Rolling loans gather no loss for banks

A falling number of insolvencies belies the problems for many sectors, writes Michael Stothard

Kitty Kramer, the first Kodak girl, in 1890 Sep 20, 2012

US: Defaults fall to low level but signs of stress mount

Economic growth and demand for high-yield debt have kept bankruptcies at bay for now, says Vivianne Rodrigues

Sep 20, 2012

Case study: American Airlines

The main outstanding question remains what shape the new, restructured American Airlines will assume, writes Robert Wright

Sep 20, 2012

China: Government in backstop role

As growth slows, many struggling companies are being coddled, writes Simon Rabinovitch

Jaeger flagship store in Regent Street, London ©Alamy Sep 20, 2012

Retail: Debt funds move in on weak stores

The ‘loan to own’ route can bring faster restructurings, writes Andrea Felsted

A customer reaches for a 'World of Warcraft' game ©Bloomberg Sep 20, 2012

Media: Changing channels bring risks

Some groups have responded too late to evolving consumer habits, writes Robert Budden