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Another scandal rocks Miss Universe pageant

The company behind the global Miss Universe competition has filed for bankruptcy just a week out from its international beauty pageant. Overnight, Thailand-based JKN Global Group submitted a petition for “business rehabilitation” into a…

$10 billion problem as company collapses

A building company has left $10 billion worth of government projects up in the air after it suddenly collapsed. On Monday, Perth-based Clough Group went into voluntary administration because a crucial $350 million merger deal fell through.…

Building firm collapses after $167m loan

A major Western Australian building and engineering company has collapsed after its $350 million lifeline ended when another firm pulled out of a merger deal.On Monday, Perth-based Clough Group went into voluntary administration after the…