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Bond yields fall as Obama intervention eases fears
Italy's senate approved a new budget law, clearing the way for approval of the package in the lower house today and the formation of an emergency government to replace that of prime minister Silvio Berlusconi. In Athens, former ECB policymaker Lucas
Updated: 11/11/2011 11:44P
KPMG International | Slovenia - VAT changes are enacted
Correcting output VAT in instances of bankruptcy or compulsory settlement proceedings: Taxable persons can correct (reduce) the amount of charged VAT from all acknowledged receivables that they declare in a compulsory settlement or bankruptcy
Updated: 11/11/2011 11:34P
Italian lawmakers set to approve key reforms
Finance minister Evangelos Venizelos kept his post in the incoming team, which includes a former EU commissioner and several far-right lawmakers and will need to push through painful austerity measures to avoid bankruptcy. The government's first job is
Updated: 11/11/2011 11:01P
Nine hundred jobs lost at MF Global
CME Group, the biggest US futures exchange operator, scrambled to contain damage from the failure of broker-dealer MF Global by offering $300m to help customers recover their money. MF Global's bankruptcy filing last week and the discovery of an almost
Updated: 11/11/2011 10:25P
Serbian government to help US Steel survive
When US Steel in 2003 purchased the Serbian steel plant Sartid, which was undergoing bankruptcy proceedings, a potential disaster seemed to have been averted. Eight years later, due to the global economic crisis, the company with production facilities
Updated: 11/11/2011 10:20P
SME seeking court order to continue power service
(AP) — Attorneys for Southern Montana Electric have asked a judge to prohibit its power suppliers from changing or stopping service while the Billings-based wholesale electric supplier reorganizes under Chapter 11 bankruptcy.
Updated: 11/11/2011 10:10P
How to lose $50 million like a professional athlete
Perhaps that's impossible to answer for the average Joe, but I'd like to believe that nobody would one day file for bankruptcy like some pro athletes. According to Action News in Jacksonville, Fla., that's exactly what former University of Washington
Updated: 11/11/2011 10:08P
Economist Lucas Papademos Sworn in as Greek's new PM: PHOTOS
By Propita Shimray A former European Central Bank vice-president Lucas Papademos was sworn in as Greece Prime Minister on Friday after weeks of the country's political turmoil that nearly led the nation to bankruptcy and the euro zone to the brink of
Updated: 11/11/2011 10:00P
SME seeking court order to continue power service as it reorganizes under
Attorneys for Southern Montana Electric have asked a judge to prohibit its power suppliers from changing or stopping service while the Billings-based wholesale electric supplier reorganizes under Chapter 11 bankruptcy.
Updated: 11/11/2011 09:57P
Bankrupt told to pay up or face jail
The bankruptcy order was passed on Oct 13, 2008 for the man to pay RM300 in monthly instalments from February 2009, but he failed to comply. MDI Kuching had sent warning notices to the bankrupt to settle the arrears in monthly instalments within the
Updated: 11/11/2011 09:53P
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