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Thursday, April 16 2026
Thames Rescue Deal Stumbles With Ofwat Split Over Approval
The board of UK watchdog Ofwat is split over whether to approve a rescue deal offered by the creditors of Thames Water, increasing the risk the utility could collapse into special administration, Bloomberg News reported. Ofwat’s…
Thursday, April 16 2026
Japanese EV Sales Company Seeks Bankruptcy Protection
An electric vehicle sales company based in the city of Kitakyushu, Fukuoka Prefecture, southwestern Japan, has filed for bankruptcy protection with Tokyo District Court under the civil rehabilitation law, Nippon.com reported. The…
Thursday, April 16 2026
Greensill Bill Hits £83m as Administrators Struggle with Fallout
The costs of managing the insolvency of the main trading arm of Greensill are expected to reach more than £90 million this year, The Times reported. Administrators of Greensill Capital (UK), or GCUK, which collapsed more than…
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