FRANKFURT (Reuters) -Signa Development, a key division of European property company Signa, filed for insolvency on Friday in a Vienna court with debts of around 1.16 billion euros ($1.28 billion), the ...

VIENNA (Reuters) - It was a mistake for Austrian property group Signa to venture into the retail business, since that cost it capital that was sorely missing when it tried to stave off insolvency, ...

Marc Filippino Good morning from the Financial Times. Today is Wednesday, December 13th. And this is your FT News Briefing. Westminster has taken a step towards sending asylum seekers to Rwanda. And ...

Add Yahoo as a preferred source to see more of our stories on Google. LONDON — Thailand’s Central Group has taken control of Selfridges, which it purchased in late 2021 alongside its joint venture ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Billionaire property developer René Benko has been ousted from his real estate empire Signa amid a cash crunch ...

FRANKFURT: European property company Signa on Thursday said that two key divisions are filing for insolvency, a significant development in the unravelling of founder Rene Benko's real estate empire.

VIENNA: Troubled European property company Signa has dissolved two top oversight bodies, including the group executive board that oversees strategy, a person with knowledge of the matter said on ...

FRANKFURT, Nov 10 (Reuters) - Construction has halted at six sites under development in Germany by Rene Benko's property company Signa, data compiled for Reuters show, underscoring the depths of ...