Stocks closed higher on Wall Street at the start of what’s expected to be a relatively calm holiday week. The S&P 500 rose 0.6% Monday. The index is just below ...
GFG subsidiary Liberty OneSteel (Primary) UK is proposing a deed of company arrangement (DOCA) proposal ahead of a meeting of creditors on Friday where the future of the company will be put to a vote.
Former Whyalla steelworks owner GFG Alliance has placed a subsidiary company – which used to operate the Whyalla port – into administration. The company said it had no choice after the state ...
For some people, running a business into the ground to the extent the government is forced to fork out $2.4 billion to keep the lights on would be reason enough to keep a low profile. One of Gupta’s ...
Check out the Peralta S: It's a new one-off supercar designed by GFG Style, the Italian design firm founded by designer Giorgetto Giugiaro and his son, Fabrizio. The Peralta is a mid-engine, ...
GFG’s energy procurement strategy meant it was subject to the sometimes wild swings of spot market pricing for both its electricity and gas needs, sources said, while also being forced to pre-pay for ...
A list of creditors lodged with the corporate regulator by KordaMentha, the administrator of failed steelworks owner OneSteel Manufacturing, shows the South Australian government’s Department for ...
Port Adelaide supremo David Koch has been left in the lurch by a key sponsor, with the club making the call to get new guernseys. Earlier this month Port Adelaide revealed the “current business ...
The state of South Australia has put the GFG Alliance Whyalla steel mill and related assets into administration and asked a forensic accounting firm to assess the situation. InfraBuild, a separate GFG ...
Sanjeev Gupta’s opaque empire is built on smoke and debt, but the unprecedented intervention of South Australia will ultimately cause bigger losses for taxpayers. It was only the post-Covid boom, ...
A list of 1293 creditors to GFG Alliance has been leaked to The Advertiser in a bombshell revealing debts of at least $300m. The Advertiser has been supplied with a list of 1293 GFG external creditors ...
Owners GFG Alliance have been under immense pressure since the South Australian government revealed on Monday the operators owed $15m in unpaid water bills and were yet to make any royalty payments ...
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