‘Insufficient funds’ to pay Brewdog creditors after takeover deal
Scottish brewery Brewdog’s administrators report insufficient funds to pay most creditors following the company’s collapse and March takeover by US firm Tilray for £33m.
Kevin Warsh may be the adult in the room. But can he calm the US economy?
Federal Reserve Chair Kevin Warsh raised interest rates for the first time in three years amid tensions with the Trump administration over inflation policy and economic direction.
The furious dispute over what caused Air India flight 171 to crash
Air India Flight 171 crashed shortly after takeoff in June last year, killing 259 people. The investigation’s preliminary findings about potential pilot error have sparked intense controversy and accusations of bias.
25 years after 9/11, the U.S. starts rolling back travel restrictions, from liquids to gate access
Twenty-five years after the September 11 attacks, U.S. authorities are gradually rolling back some long-standing aviation security measures, including shoe removal requirements and liquid restrictions, while introducing new trusted traveler programs.
Wealthy investors are pouring billions into this new tax strategy despite risks
Wealthy investors are rapidly deploying billions into tax-aware long-short strategies to offset capital gains, but financial regulators and experts warn of substantial risks including potential Treasury scrutiny and complex exit challenges.
Bank of England holds interest rates at 3.75% but warns war could force future rises
The Bank of England maintained interest rates at 3.75% while warning that prolonged Middle East conflict could necessitate future rate increases due to inflation concerns stemming from rising energy prices.