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Greensill administrators threaten to seize Sanjeev Gupta’s assets after he fails to repay £472m
The Telegraph via Yahoo Finance· 2 months agoAdministrators for collapsed finance firm Greensill Capital have warned they could attempt to seize...
Former boss of Gupta-linked Wyelands Bank fined £120,000
PA Media: Money via Yahoo Finance· 5 months agoThe former boss of a bank linked to steel magnate Sanjeev Gupta has been fined close to £120,000 for...
Collapsed Aartee Bright Bar to merge with Liberty Steel after rescue deal
Press Association News via AOL· 1 year agoCollapsed steel firm Aartee Bright Bar is set to be merged with Liberty Steel Group after steel...
Gupta-linked bank Wyelands escapes £8.5m fine for series of failures
Press Association News via AOL· 1 year agoThe Bank of England has said it would have fined Sanjeev Gupta-connected bank Wyelands more than...
Liberty Steel to begin next phase of restructuring with up to 440 jobs affected
Press Association News via AOL· 1 year agoLiberty Steel is to implement the next phase of its restructuring programme which could affect up to...
UPDATE 1-GFG Australia unit to buy GFG U.S. steel assets
Reuters via Yahoo Finance· 2 years agoInfraBuild, an Australian steel and recycling unit of troubled global industrial firm GFG Alliance, plans to acquire three U.S.-based businesses from its parent which is undergoing broad restructuring ...
Steel firm Aartee Bright Bar bought in rescue deal but Dudley site to close
Press Association News via AOL· 1 year agoThe majority of collapsed steel business Aartee Bright Bar will be bought by Barrett Steel in a £13...
Credit Suisse Issued $140M On Suspicious Bills, Raising Questions On Risk Management Efforts
Benzinga via Yahoo Finance· 2 years agoCredit Suisse Group AG (NYSE: CS) provided an emergency $140 million loan to Greensill Capital in...
New Electric Arc Furnace Could Cut Liberty Steel’s Emissions by 80%
Oilprice.com via Yahoo Finance· 2 weeks agoLiberty Steel's $70 million Hungarian EAF project raises questions about funding amidst financial strains, promising 80% reduction in carbon emissions and alignment with the company's CN30 steel manufacturing plan.
Microsoft and Apple neck and neck in race to be world’s most valuable company
The Telegraph via Yahoo Finance· 5 months agoMicrosoft overtook Apple as the world's largest company in Wall Street trading - REUTERS/Dado Ruvic...