Spanish Steel Pipe Maker Tubos Reunidos Enters Insolvency After 134 Years

Tubos Reunidos, the historic Spanish steel pipe manufacturer founded in 1892, has filed for voluntary insolvency after 134 years in business, highlighting the mounting pressures facing Europe’s industrial…

E-Methanol Producer Liquid Wind Enters Bankruptcy Administration Sweden

Swedish e-fuel developer Liquid Wind AB has filed for bankruptcy, delivering a significant blow to the green shipping sector. The Gothenburg-based firm, which specialized in producing net carbon-neutral…

Allianz’s PIMCO, L&G Sued in Scrap Over €1.2 Billion Brussels Tower

Allianz’s PIMCO and Legal & General Group (L&G) face a high-stakes lawsuit in the English High Court over the future of Brussels' iconic €1.2 billion Finance Tower. The skyscraper’s ultimate owner,…

VW Sounds The Alarm: 'We Must Fundamentally Transform Our Business Model'

Volkswagen CEO Thomas Schäfer recently outlined a ‘fundamental transformation’ of the brand’s business model as rising costs, weaker demand, Chinese competition, and U.S. tariffs put pressure on…