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Headlines
Luxembourg Housing Projects to Continue Despite Insolvency Proceedings, Capelli CEO Says
Housing projects planned by a developer in Luxembourg will continue despite the firm’s subsidiary in the Grand Duchy entering insolvency proceedings, the company’s CEO has insisted, the Luxembourg Times reported. Capelli Lux, the…
Bulk of Stenn’s $1 Billion Debts Remain Outstanding Amid Probe
Officials overseeing the wind-down of Stenn Technologies, the U.K. invoice-finance firm backed by Wall Street investors, have recovered about one tenth of the funds owed so far as they continue to probe the circumstances of its…
Oil Firms Say Venezuela Owes Them Billions Over Earlier Investments
Western oil companies have been fighting to recoup tens of billions of dollars that they say Venezuela owes them — debts that could play a prominent role in efforts by President Trump to compel U.S. businesses to produce more oil…