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INSANE: 12 | Rare Historical Photos

Issa brothers’ EG Group launches huge $6.1 billion debt refinancing deal as loan deadlines loom

The firm said it expected to reduce total net debt down from $9.8 billion in March

Evening Standard

Pennon records 88 per cent drop in profit in annual results

The Exeter-based utilities group attributed the drop to the rising costs of energy

Birmingham Post

Property development fuels leap in profits at Caddick Group but construction business suffers

New accounts show a mixed picture for the group's businesses

Birmingham Post

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Restaurants closing tomorrow including Frankie and Benny's and Chiquito - see full list

The Restaurant Group (TRG) announced earlier this year that it was to close its "loss making sites" and 17 will be shutting their doors this weekend

Daily Mirror

Rising Storm studio Antimatter Games is being closed

Parent company EG7 is looking to cut expenses and "achieve higher predictability and profitability."

PC Gamer

Live In The Dream can be 'a force' in the Temple Stakes at Haydock Park

Trainer Adam West looking forward to four-year-old's bid for Group Two glory on the final day of three days top-quality racing action at the Merseyside track

Liverpool Echo

Tory council chief under fire as Facebook group ‘celebrates’ Ulez camera vandalism

The Tory leader of Harrow council was under fire on Friday after it was revealed he helps run a Facebook group where members celebrated the destruction of cameras policing the Ultra Low Emission Zone expansion.

Evening Standard

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European Commission Inaction Is Putting The EU’s Insurance Market At Risk

The Romanian Financial Supervisor Authority announced its bankruptcy proceedings against City Insurance SA.

Zenger

Tyneside tech firm Zytronic falls to a loss amid gaming market turmoil

The Blaydon business has been impacted by US firm Azure's filing for bankruptcy as well as other issues in gaming and vending markets

Birmingham Post

Andhra Pradesh: Government and GMR Group conducting joint survey of lands at Bhogapuram

Both the Andhra Pradesh government and GMR Group took up a joint survey of lands at Bhogapuram where the international airport would be constructed by the GMR Group very soon.

The Hindu

Porsche drives rainbow dreams

Porsche Thailand by AAS Group recently showcased the first "911 Carrera GTS - 30 Years Porsche Thailand Edition" at the Plenary Hall of the Queen Sirikit National Convention Center.

Bangkok Post

Seven councillors leave North Lanarkshire SNP group following disciplinary hearings

They had previously written to the SNP National Secretary about the handling of the Jordan Linden scandal

Daily Record

Veteran Liverpool Liberal Democrat leader Richard Kemp to stand down as group chief

Cllr Kemp has led the city Lib Dems for 11 years but will step down to allow a new leader to be elected at group AGM tomorrow

Liverpool Echo

Full list of 23 restaurants closing this month including Frankie and Benny's and Chiquito

The Restaurant Group (TRG), which owns both Frankie and Benny's and Chiquito, expects it will save around £5million by closing its "loss-making restaurants"

Daily Mirror

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InsideEVs

US: Hyundai Motor Group And SK On Confirm 35 GWh Battery JV

Hyundai Motor Group and SK On officially announced approval of the EV battery cell joint venture factory, which will be built in the United States.

Birmingham Post

Cardiff medtech firm Intelligent Ultrasound sees revenues rise to more than £10m

The company has posted its full trading results for the year ending December 31 2022

Reason

"40 Officers of China's National Police Charged in Transnational Repression Schemes Targeting U.S. Residents"

"Defendants accused of creating fake social media accounts to harass PRC dissidents, and working with employees of a U.S. telecommunications company to remove dissidents from company's platform."

Chronicle Live

Tories claim documents expose 'bullying' and 'toxic atmosphere' in North Tyneside Labour

Shots have been fired at the North Tyneside Labour as local Conservatives claim to be in possession of documents which allege "coercion and control" within the governing party.

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Motor1

VW Group Not Abandoning ICE, Puts Skoda In Charge Of Small Engine Development

The Czech brand promises more power and better efficiency.

Irish Mirror

'Grave concerns' raised Citizens' Assembly on drugs did not 'operate in an open and transparent manner' when selecting Advisory Group

In a letter obtained by the Irish Mirror, "concerns" were raised about the Citizens' Assembly, which begins this weekend

Asharq Al-Awsat

AD Ports Signs $2 Bln Syndicated Bank Facility

AD Ports Group has signed a $2 billion financing agreement with a syndicate of 13 banks, it said in a statement on Tuesday. The multi-currency general corporate facility agreement consists of three tranches of $620 million, 600 million euros, and 2.863 billion dirhams ($779 million), and for a period of…

Chronicle Live

The exciting Newcastle United pledge after accounts and story behind Lee Charnley exit

Newcastle United have released their latest set of financial figures and there are plenty of positives

ABC News

Home builder Porter Davis collapses affecting 1,700 homes, LLoyd Group enters voluntary administration

A major Victorian builder has collapsed and another construction firm has entered voluntary administration, in a further sign pressures on the construction industry are not going away.

The Guardian - UK

Future of Russian-owned Phillips auction house may be in ‘significant doubt’

Exclusive: Auditors have warned debt-burdened firm relies heavily on guarantees provided by owners

Asharq Al-Awsat

GFH Approves 6% Cash Dividends

The GFH Financial Group (“GFH” or “the Group”) announced the successful conclusion of its Annual General Meeting (AGM) by approving the Board of Directors’ recommendation for the distribution of a cash dividend of 6% of the nominal value of all the ordinary shares, save for treasury shares, equivalent to $0.0159…

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