The funding helped ease a biting cash crunch, months before the institution issued a redundancy notice to staff.

Employees caught up in the collapse of Lilium Aerospace say they feel "abandoned" and "cast out into the cold" by senior management and the insolvency specialists winding up the firm, and have hit out ...

An Aberdeen engineering firm has gone into liquidation with the loss of all 48 jobs. Belmar was established in 1975, and its ...

Staff were informed of the situation at a meeting on Tuesday, while a letter was also sent to all known creditors – around 80 in total made up of trade suppliers, utility providers, finance companies ...

GOP lawmakers are focused on harmonizing key cyber regulations, including CISA’s proposed incident reporting rule and HHS’ ...

Digital lending platform Tala has let go 28 staff in the customer operations department amid a high rate in loan repayments.

This is the second local engineering company that has appointed me liquidator in the last month and perhaps reflects the ...

Almost 50 jobs have been lost at an Aberdeen-based engineering firm after it entered liquidation. MHA's Michael Reid has been ...

STV News understands staff were informed of the news in a meeting on Tuesday morning and told to empty lockers and leave the ...

An AI infrastructure researcher explains why xAI continues relying on gas turbines and what that means for energy and water usage at the Memphis site.

Richmond water crisis that left citizens without water and forced restaurants and other businesses to temporarily close or limit service was “completely avoidable” according to a newly released report ...