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Thursday, October 16 2025
Austrian Court Gives Ex-Billionaire Benko Two Years' Prison for Insolvency Fraud
An Austrian court convicted former property billionaire Rene Benko of insolvency-related fraud on Wednesday in his first criminal trial linked to the collapse of his real estate group Signa, sentencing him to two years in prison…
Thursday, October 16 2025
Corporate Bankruptcies in Germany Hit 12-Year-High
The number of companies sliding into insolvency in Germany rose by 10.4 per cent in September compared to the year before, according to preliminary data, the Brussels Signal reported. This was announced by the Federal Statistical…
Thursday, October 16 2025
Archer Wins Lilium Patent Bidding War in €18M Deal
Archer Aviation has emerged as the winning bidder for Lilium’s extensive portfolio of advanced air mobility patents, ZagDaily.com reported. The California-based company has secured around 300 intellectual property assets for €18…
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