But the drumbeat of concern about GFGs financial health is gaining intensity. The BBC said British trade unions were demanding a meeting with GFG subsidiary Liberty Steel, the countrys third-largest steelmaker, to seek assurances about the future of steel jobs. And Libertys CEO, John Ferriman, met Business Secretary Kwasi Kwarteng over the weekend. The British…
Corp. Chief Executive Officer Masayoshi Son speaks during a joint announcement with Toyota Motor Corp. to make new venture to develop mobility services in Tokyo, Japan, 04 October 2018. Alessandro Di Ciommo | NurPhoto | Getty Images LONDON British financial services firm Greensill Capital has filed for administration, according to a report from the Financial…
Home / Share Market News / Telstra (ASX:TLS) share price and others caught in Greensill insolvency The Telstra Corporation Ltd (ASX: TLS) share price, along with numerous other Australian companies, will be watched with a close eye at the moment. This comes as the Greensill Capital collapse ripples through to its clients. What is Greensill…
Responding to Elon Musk on Twitter can be very risky. Theway you respond to either criticism or praise–in general–says a lot about you. The way you respond when it comes from a billionaire known for his sometimes controversial but always lively Twitter feed can be dangerous. If only every leader could take the approach that…
One of Labour’s candidates to be Mayor of Liverpool has opened up about the circumstances which caused her to twice file for bankruptcy, and insisted this does not mean she is not the right person to run the city. Princes Park Councillor Joanne Anderson is one of two people on Labour’s new shortlist to replace…
A hunt for the assets of Tommy Robinson has begun after he declared himself bankrupt this week. The founder of the English Defence League, whose real name is Stephen Yaxley-Lennon and who was one of Britains best-funded activists, filed for bankruptcy before a trial in which he is being sued for libel by a Syrian…
That Australian women earn less than Australian men is well-known. The latest calculation put the gap the extent to which the average female full-time wage is less than the average male full-time wage at 13.4%. Women are also less likely to be employed than men, about 14% less likely, in part because women give birth…
The leaders of two rival automakers one the world’s dominant electric vehicle maker, the other a legacy manufacturer looking to steal some EV market shareset aside their differences this week, if only for a brief Twitter interaction. Elon Musk, Twitter starand billionaire CEO of TeslaInc., on Thursday tweeted a veiled jab at General Motors Co.…
An aged care business operated by two bankrupt brothers convicted of shocking animal cruelty has been accused of serious probity failings, including the transfer of funds to pay for the owners mortgages and luxury cars. Emails and SMS messages from staff at Chronos Care, seen by The Age, show them alleging that Gerry and Chris…
Creditors have allegedly been cheated in a complicated scam involving a registered trustee, an insolvency advisor and a bankrupt person. A series of properties were raided across South East Queensland on Wednesday with records seized in relation to suspected fraudulent behaviour. During the bankruptcy, a registered trustee and a pre-insolvency advisor are alleged to have…