New buyer of Latvia’s troubled steel company to be announced this month – Xinhua

Video PlayerClose RIGA, Oct. 4 (Xinhua) — The Latvian government is expected to name the new investor of ailing steel company KVV Liepajas Metalurgs by the end of October, Vladimirs Loginovs, chairman of the Latvian Privatization Agency, said on public radio Wednesday. Citing unconfirmed reports, LETA news agency informed earlier that the steelworks in Latvia’s…

Thousands of travelers are stranded abroad after a British airline went bankrupt – Business Insider

The government is calling it the biggest ever U.K. airline failure. Monarch/Facebook The INSIDER Summary: More than 110,000 travelers are stranded around Europe and the Middle East after Monarch Airlines declared bankruptcy. The British airline immediately cancelled services with little warning to employees and passengers.  An estimated 860,000 people have lost future travel bookings.  The…

Wimbledon legend Boris Becker is in £54MILLION worth of debt and facing having his homes repossessed, according … – The Sun

WIMBLEDON legend Boris Becker is in debt to the tune of 54 million pounds and is facing having his homes and personal property repossessed, according to German media. Magazines Stern and Bunte say the bankruptcy declaration in London three months ago was only the “tip of the iceberg” of what he actually owes. Getty –…

Four Ndola council employees nabbed – Times of Zambia

By RABECCA CHIPANTA  and STEPHANIE KUNDA –FOUR Ndola City Council (NCC) employees have been apprehended for allegedly locking up the local authority offices in the early hours of Monday to protest delayed salary payments.Ndola Mayor Amon Chisenga named the employees as Nalcom Mupimpila, a senior systems analyst (management position), Warren Sinyangwe, a clerical officer under…

Thousands of travelers are stranded abroad after a British airline went bankrupt – Business Insider

The government is calling it the biggest ever U.K. airline failure. Monarch/Facebook The INSIDER Summary: More than 110,000 travelers are stranded around Europe and the Middle East after Monarch Airlines declared bankruptcy. The British airline immediately cancelled services with little warning to employees and passengers.  An estimated 860,000 people have lost future travel bookings.  The…

Malcolm Roberts’ replacement avoids bankruptcy, is ready to step in – The Border Mail

Malcolm Roberts’ hopes of replacing himself in the Senate appear doomed after Queensland publican Fraser Anning – the next candidate on One Nation’s ticket – successfully avoided bankruptcy. Creditors have officially withdrawn their bankruptcy petition against Mr Anning and his wife Fiona, Fairfax Media can reveal. The move comes after Mr Anning struck a confidential…