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Austrian Prosecutors Bring fraud Case Against Fallen Property tycoon Benko
Austrian prosecutors said on Tuesday they were bringing an insolvency-related fraud case against the former billionaire founder of the collapsed Signa property group, Rene Benko, Reuters reported. Benko has been in custody for…
Thames Water ‘Holding Gun to Taxpayer’s Head’ Amid Bailout Fears
Thames Water has been accused of “holding a gun to the taxpayer’s head” by warning it may have to be nationalised if it is not handed a reprieve on historical fines, The Telegraph reported. MPs said Thames was asking to be “let…
US Judge Extends Argentina’s YPF Handover Deadline by Three Days
The New York federal judge who gave Argentina until yesterday to cede its controlling stake in YPF SA to holders of a $16 billion judgment granted the South American nation a three-day extension to seek a longer delay from an…