Showing 13 to 20 of 20 results
\$2.4 Billion Bailout for Failing Whyalla Steelworks
Faced with \$300 million debt, the Whyalla steelworks in South Australia will receive a \$2.4 billion government bailout to secure over 1000 jobs, improve infrastructure and transition to green steel production, following the previous owner's failure to meet investment promises and financial mismana...
\$2.4 Billion Bailout for Failing Whyalla Steelworks
Faced with \$300 million debt, the Whyalla steelworks in South Australia will receive a \$2.4 billion government bailout to secure over 1000 jobs, improve infrastructure and transition to green steel production, following the previous owner's failure to meet investment promises and financial mismana...
Progress
60% Bias Score
Australia to Bail Out Whyalla Steelworks with \$2 Billion Package
The Australian government is launching a joint support package, potentially up to \$2 billion, to rescue the Whyalla steelworks after its owner, GFG Alliance, was put into administration due to massive debt. The move is aimed at safeguarding thousands of jobs and ensuring Australia's steel independe...
Australia to Bail Out Whyalla Steelworks with \$2 Billion Package
The Australian government is launching a joint support package, potentially up to \$2 billion, to rescue the Whyalla steelworks after its owner, GFG Alliance, was put into administration due to massive debt. The move is aimed at safeguarding thousands of jobs and ensuring Australia's steel independe...
Progress
60% Bias Score
Thames Water Wins £3bn Bailout, Avoiding Nationalisation
A UK High Court ruled in favor of Thames Water's £3 billion emergency loan, preventing its nationalization but leaving its long-term future uncertain amid £19 billion debt and criticism over its performance.
Thames Water Wins £3bn Bailout, Avoiding Nationalisation
A UK High Court ruled in favor of Thames Water's £3 billion emergency loan, preventing its nationalization but leaving its long-term future uncertain amid £19 billion debt and criticism over its performance.
Progress
56% Bias Score
Ofwat Caps Thames Water Bill Increase, Jeopardizing Rescue Plan
Facing financial crisis, Thames Water's request for a 59% customer bill increase was capped at 35% by Ofwat, jeopardizing its £6 billion rescue plan and prompting a potential taxpayer bailout; the company was also fined £18.2 million and faces a £131.3 million dividend clawback.
Ofwat Caps Thames Water Bill Increase, Jeopardizing Rescue Plan
Facing financial crisis, Thames Water's request for a 59% customer bill increase was capped at 35% by Ofwat, jeopardizing its £6 billion rescue plan and prompting a potential taxpayer bailout; the company was also fined £18.2 million and faces a £131.3 million dividend clawback.
Progress
48% Bias Score
Australia Pledges $2.4 Billion Whyalla Steel Mill Bailout
The Australian government pledged a $2.4 billion bailout for the failing Whyalla steel mill, owned by Sanjeev Gupta's GFG Alliance, to secure 1100 jobs and transition the plant to green steel production, amidst political debate on renewable energy policies.
Australia Pledges $2.4 Billion Whyalla Steel Mill Bailout
The Australian government pledged a $2.4 billion bailout for the failing Whyalla steel mill, owned by Sanjeev Gupta's GFG Alliance, to secure 1100 jobs and transition the plant to green steel production, amidst political debate on renewable energy policies.
Progress
60% Bias Score
Australia's \$2.4 Billion Bailout of Whyalla Steelworks and Rex Raises Concerns
The Australian government pledged \$2.4 billion to rescue the financially troubled Whyalla steelworks and Rex airline before the election, prompting concerns about preferential treatment for politically connected, poorly managed businesses, despite the questionable corporate governance of both.
Australia's \$2.4 Billion Bailout of Whyalla Steelworks and Rex Raises Concerns
The Australian government pledged \$2.4 billion to rescue the financially troubled Whyalla steelworks and Rex airline before the election, prompting concerns about preferential treatment for politically connected, poorly managed businesses, despite the questionable corporate governance of both.
Progress
56% Bias Score
German Government's Meyer Werft Bailout Based on Incomplete Assessment
In 2022, Germany's Lower Saxony state and the federal government purchased 40% stakes each in the financially troubled Meyer Werft shipyard, guaranteeing €2.6 billion in loans based on initial viability assessments that did not account for cost overruns on new projects, including converter platforms...
German Government's Meyer Werft Bailout Based on Incomplete Assessment
In 2022, Germany's Lower Saxony state and the federal government purchased 40% stakes each in the financially troubled Meyer Werft shipyard, guaranteeing €2.6 billion in loans based on initial viability assessments that did not account for cost overruns on new projects, including converter platforms...
Progress
40% Bias Score
Navantia to Acquire Harland & Wolff Shipyards, Saving 1,000+ Jobs
Navantia, a Spanish shipbuilding company, is on the verge of acquiring Harland & Wolff's four UK shipyards, saving more than 1,000 jobs and securing a renegotiated contract for building Royal Navy ships, with the deal expected to be finalized next week.
Navantia to Acquire Harland & Wolff Shipyards, Saving 1,000+ Jobs
Navantia, a Spanish shipbuilding company, is on the verge of acquiring Harland & Wolff's four UK shipyards, saving more than 1,000 jobs and securing a renegotiated contract for building Royal Navy ships, with the deal expected to be finalized next week.
Progress
40% Bias Score
Showing 13 to 20 of 20 results