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Search Result for “insolvency”

Showing 1 - 10 of 13

WORLD

Terror accused on the run after daring escape from London jail

AFP, Published on 06/09/2023

» LONDON - British authorities on Wednesday issued an all-ports alert to track down a former soldier awaiting trial on terrorism charges, after he escaped from jail by clinging to the bottom of a delivery van.

WORLD

Becker deported to Germany from UK after prison release

AFP, Published on 16/12/2022

» BERLIN - Disgraced former tennis superstar Boris Becker was due back in Germany on Thursday after being deported following his release from a British prison where he served a sentence relating to his 2017 bankruptcy, his lawyer said.

WORLD

Becker on trial accused of failing to hand over trophies to settle debts

AFP, Published on 21/03/2022

» LONDON - A British jury was told to ignore Boris Becker's celebrity status on Monday as the former world number one tennis player faces trial, accused of failing to hand over trophies he won to settle his debts.

WORLD

Credit Suisse board member quits after financial fiascos

AFP, Published on 30/04/2021

» ZURICH - Credit Suisse announced Friday that one of its board members would step aside after shareholders called for his head following major losses linked to the collapses of the Archegos and Greensill financial firms.

WORLD

German MPs to grill ex-Wirecard boss over massive fraud

AFP, Published on 19/11/2020

» FRANKFURT AM MAIN - Markus Braun, the former chief executive of disgraced payments giant Wirecard, will on Thursday face a public grilling by German lawmakers over the massive accounting fraud that brought down his firm.

WORLD

Austrian politicians trade accusations over Wirecard

AFP, Published on 14/07/2020

» VIENNA - The dramatic collapse of German payment provider Wirecard fuelled a political row in Austria Monday, with former right-wing coalition partners trading accusations of links to key players in the scandal.

WORLD

Seoul frets about new Covid wave

News Agencies, Published on 09/05/2020

» A potential second wave of coronavirus infections could be possible in South Korea after confirmed cases suddenly increased after a lull, with a surge tied to nightclubs in Seoul.

WORLD

Virus credit crunch risks turning firms into zombie army

AFP, Published on 15/03/2020

» PARIS: A decade of easy money sloshing around the economy may come to haunt policymakers as legions of firms hooked on cheap credit have no buffers to make it through the coronavirus crisis without serious damage, or outright failure.

WORLD

Felix Rohatyn, financial force and former US envoy, dies at 91

AFP, Published on 16/12/2019

» NEW YORK - Felix Rohatyn, a towering figure on Wall Street credited with saving New York from insolvency and who later served as US ambassador to France, has died at age 91.

WORLD

Germany's Condor airline to keep flying with state loan

AFP, Published on 25/09/2019

» BERLIN - German charter airline Condor, a subsidiary of bankrupt British tour operator Thomas Cook, said Tuesday it had been granted a 380 million euro ($420 million) state bridging loan.