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Headlines
France's Orano Says Its Niger Uranium Mine on Verge of Bankruptcy
French uranium miner Orano said on Wednesday its majority-owned joint venture with Niger, SOMAIR, is on the verge of bankruptcy as a result of export restrictions imposed by Niger's military government, Reuters reported. Orano…
Adani Group Emerges as Front-Runner in Jaiprakash Associates Insolvency Bid
In a significant development in the ongoing insolvency resolution process of Jaiprakash Associates Ltd (JAL), the Adani Group is likely to have emerged as the leading contender with the highest bid to acquire the debt-laden…
Insolvent Austrian Clothing Manufacturer Palmers Saved
The insolvent Austrian lingerie manufacturer Palmers Textil AG is being taken over by the Danish company Change of Scandinavia, DPA International reported. The investor's entry secures the continuation of Palmers, a spokesman for…