More than 2,000 Scotland-based jobs are at risk as oil and energy services group Petrofac has applied for administration.

The group’s operations will continue to trade, and options for restructuring of the company and a possible merger or acquisition are being actively explored with its key creditors, the company said on Monday.

People close to the company say they are hopeful a buyer can be found swiftly for its North Sea operations, with one suggesting that it could even happen in the coming days.

Money blog: ‘We protect the UK, our salaries can be limitless’

Administrators will work alongside company management to “preserve value, operational capability and ongoing delivery”, its announcement read.

News of a possible…

[SINGAPORE] Frasers Centrepoint Trust has filed a S$2.6 million claim against mm2 Asia, said the entertainment group on Monday (Oct 27), after it guaranteed lease obligations of its now-closed cinema unit at Causeway Point.

The claim arises from a deed of guarantee signed by mm2 Asia in December last year in favour of HSBC Institutional Trust Services, the trustee of FCT, covering lease obligations of Cathay Cineplexes.

The originating claim and statement of claim, dated Oct 23, were received by mm2 on Friday. It includes interest charge of 12 per cent, damages, costs and other reliefs.

The former cinema chain is currently undergoing voluntary liquidation, having ceased operations on Sep 1.

Cathay Cineplexes in July received repayment…

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This Friday, November 28th, golf fans get something we haven’t had in seventeen years: The Skins Game returns to our television screens. At 9:00 a.m. ET on Prime Video, Tommy Fleetwood, Shane Lowry, Xander Schauffele, and Keegan Bradley will revive a tradition that defined Thanksgiving weekend for an entire generation of golfers.

As someone who spent countless Friday mornings glued to the television watching this event, I can tell you the original Skins Game wasn’t just entertainment. It was a masterclass in pressure golf, and the lessons from those legendary moments still apply to every golfer today.

Let me take you through four unforgettable Skins Game moments and what they taught us about the mental game.

Greg…

By Mike Vorkunov, Jon Krawczynski and James L. Edwards III

On the day Malik Beasley helped the Detroit Pistons shock the New York Knicks to win Game 2 of their first-round series, he also learned about the latest legal issue in his life.

A process server found him at the Ritz-Carlton in downtown Manhattan and hand-delivered a lawsuit from his former agency, Hazan Sports, which claimed Beasley had breached a marketing deal with the company and fired it as his representation two months earlier. Hazan Sports had sued him for more than $2.5 million in response.

Lawsuits and liens have trailed Beasley since he entered the league in 2016, and he has drawn concerns from at least one team about his off-court life. Now, he faces even more…

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