Trump Tower developer ran business that collapsed owing $28 million
An investigation has uncovered that David Young, the developer behind a proposed Trump Tower on the Gold Coast, operated a business that collapsed with $28 million in debts.
Consultancy co-founded by Peter Mandelson falls into administration
The consultancy Global Counsel, co-founded by Peter Mandelson, has entered administration due to significant client losses related to Mandelson’s past connections with Jeffrey Epstein.
Global Counsel calls in administrators, blaming Peter Mandelson ‘maelstrom’
Global Counsel, an advisory firm co-founded by Peter Mandelson, is entering administration due to controversies surrounding Mandelson's ties with Jeffrey Epstein, leading to major clients abandoning the firm.
After a series of setbacks, Petras Šiaučiūnas spoke: he has mixed thoughts about the future of his farm
Lithuanian farmer Petras Šiaučiūnas spoke about his recent setbacks, including a barn roof collapse, and his mixed feelings regarding the future of his sheep farming business.
'Reckless' ex-Carillion boss fined £237,700 by regulator
Richard Howson, the former CEO of Carillion, has been fined £237,700 by the Financial Conduct Authority for misleading communications regarding the company's financials prior to its collapse in 2018.
Five iconic UK retailers enter administration within 2 months of 2026 — full list
Several well-known UK retailers have entered administration early in 2026, highlighting ongoing struggles in the retail sector.
Two charges have been filed against billionaire Tsoukernik for the collapse
Billionaire Tsoukernik faces two charges related to a significant collapse event.
International Organization's Report on 'Business and Nature' Indicates Paths to Improve Relations and Prevent Mutual Collapse
An international organization highlights the critical relationship between business activities and biodiversity, urging for improved relationships to avoid crises.
The glasses worn by Macron saved a French company from the brink of collapse
Sunglasses worn by President Macron have helped a French company recover from financial difficulties.
High street fashion brand loved by Kate Middleton is on the brink of collapse
The high street fashion brand LK Bennett, favored by Kate Middleton, has filed a notice of intention to appoint an administrator, indicating it may soon enter administration for the second time in recent weeks.
How companies survived the start of Fiscalization 2.0: "We invoiced without difficulties"
Businesses in Croatia have successfully navigated the initial phase of Fiscalization 2.0 without major disruptions, countering fears of system collapse and e-invoice delays.
Collapse of ‘zombie’ UK firms forecast to fuel unemployment in 2026
A report predicts that the failure of struggling 'zombie' companies in the UK will lead to increased unemployment in 2026, due to rising costs from interest rates, energy prices, and minimum wage increases.
Did the Chinese score an own goal? By 2026, about fifty car brands will collapse, losses are unprecedented
The Chinese automotive industry is facing a significant wave of consolidation with dozens of car brands potentially vanishing by 2026 due to massive losses exacerbated by fierce price competition and weakening domestic demand.
LK Bennett fashion brand files high court application to appoint administrator
LK Bennett, the upmarket fashion brand, has filed for a high court application to appoint an administrator, signaling potential collapse for the second time in six years.