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debt

Parisian elite faces reckoning day

François Hollande

ECONOMICALLY SPEAKING: Europe is struggling simultaneously with crises affecting its economic contraction, sovereign debt difficulties and banking-system weakness. The euro currency union is also under great pressure.

Govt debt heading for $72 billion, says Ryall

Otago Rugby has "50/50 chance"

ORFU chairman Wayne Graham

Delay follows unconfirmed reports the Dunedin City Council is considering writing off $400,000 in debt owed in rent for use of the old Carisbrook rugby ground.

Rubicon posts another loss

Rubicon has posted another loss following a strong kiwi dollar and a slumping housing market.

$179.1m write off for Metro Glass Tech as lenders take over

Metro Glass Tech has written off $179.1 million as debts continued to mount over the years, prompting its lenders to take over the company.

Tough quarter ominous for Blue Star bondholders