Business
UK firm Greensill Capital has been placed into administration. Here’s what it could mean for Whyalla – ABC News
The fall from grace of a billionaire businessman has caused ripple effects across the world. Here’s what it could mean for the South Australian steel city of Whyalla….
A wealthy businessman’s fall from grace has caused ripple effects across the world, and in Whyalla the feeling is they are “not going to be immune from the contagion”.
Here’s what it could mean for Australia’s second largest steelworks.
What’s going on?
Australian billionaire Lex Greensill of Greensill Capital has filed for insolvency, leaving businesses across the globe in the lurch.
One of those is Sanjeev Gupta’s GFG Alliance owner of the Whyalla Steelworks.
Locals are hanging tough, but with…
-
Noosa News5 hours agoShocking moment Bradley Donald Towle arrested after Bruce Hwy rampage and shooting on Sunshine coast
-
General21 hours agoPope Francis, the 266th pope, has died
-
General19 hours agoFounder Schwab quits as World Economic Forum chair
-
General6 hours agoNSW Police to provide update on Sydney woman’s kidnap from Bankstown home and killing