World Bulletin / News Desk Russia’s central bank said Monday it had revoked the licenses of two more banks as part of government efforts to consolidate the sector as economic troubles mount. Russia’s 67th lender by assets, Intercommerz had failed to adequately assess risks despite the poor quality of its assets, the central bank said.…
The agriculture companies InterAgro SRL Zimnicea and InterAgro SA, owned by the Romanian billionaire Ioan Niculae, entered insolvency. The Teleorman Court admitted the demand of several creditors for the insolvency of the two companies run by Ioan Niculae. The company InterAgro SRL controls the largest part of Niculaes businesses in agriculture and industry…
Nant whisky distillery at Bothwell, Tasmania An investor in Nant, IT consultant David Kavanagh, says Nant Distillery refused to allow him to take his whisky out of its investment scheme to another bond store, even though he had applied to the Australian Tax Office for permission and had organised placement in another secure facility. Mr Kavanagh said…