KTG was the first farming company to be listed on the Frankfurt stock exchange. It owned 46,000 hectares of land. Then it went belly-up. Investors lost their money. What went so horribly wrong?
Turkey's top flight, the Super Lig, is in dire financial straits. Politics has long helped highly indebted top clubs such as Galatasaray and Fenerbahce avoid bankruptcy, but their bubble could be about to burst.
Its headquarters was once the tallest building in the world, but Sears’ heyday is now far in the rearview mirror as it files for bankruptcy. The rise of e-commerce has hastened its demise and its future is uncertain.
The demise of Lehman Brothers shook the finance world and had enormous knock-on effects globally. Even those who had never heard of the investment bank were impacted. Ten years on, we answer some fundamental questions.
Africa is groaning under its worst debt burden since 2001. On the continent where many countries faced bankruptcy in the 1990s, once again the outlook is grim. This time around, help is harder to find.
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