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Headlines
Ekati Diamond Mine Gets $115M Canadian Loan, Avoids Bankruptcy
Ekati Diamond Mine is getting a $115 million loan from the Canadian government to continue operations at the mine and protect jobs, its owner announced Thursday, CBC.ca reported. Jeremy King, CEO of Australia-based Burgundy…
Michelle Mone-linked PPE Firm Liquidated and Unlikely to Repay £148m
The UK Government is unlikely to see most of the £148m it is owed by a faulty PPE supplier linked to Baroness Michelle Mone after the company was wound up, BBC.com reported. PPE Medpro, a consortium run by Mone's husband Douglas…
Alecta Off Hook over US Bank Losses After Watchdog Drops Probe
Sweden’s financial watchdog has closed its long-running investigation into Alecta’s loss-making investments into three US niche banks, which tipped the pension fund into crisis in 2023, saying it found no breach of the rules, IPE…