Man kills judge, 2 others on rampage through Milan courthouse

A trial defendant shot dead a judge and two others on Thursday on a rampage through a Milan courthouse, casting a harsh spotlight on public security measures that Italy tightened earlier this year.

Brazil builder with ties to Petrobras files for bankruptcy

Brazil builder OAS, which prosecutors accuse of involvement in the massive corruption scandal at state oil firm Petrobras, filed for bankruptcy protection for nine of its units Tuesday.

Bailed-out Cyprus eyes return to normal borrowing this year

Cyprus hopes to borrow on financial markets this year, its finance minister told Reuters on Thursday, saying the island`s economy had more in common with bailout turnaround Ireland than Greece.

Western powers say Libya risks bankruptcy as oil price falls

 The United States and five of its European allies on Saturday warned that Libya could face bankruptcy if oil prices continue to fall.

Passion for acting helped me rise from bankruptcy: Big B
Passion for acting helped me rise from bankruptcy: Big B

Megastar Amitabh Bachchan has seen highs and lows in his journey from being Bollywood's "angry young man” to its "Shahenshah”. The actor says his determination and focus helped him emerge from the brink of bankruptcy.

Singer Ginuwine close to declaring bankruptcy
Singer Ginuwine close to declaring bankruptcy

R&B star Ginuwine is on the verge of bankruptcy, his lawyer has revealed.

South Africa`s Kyalami track to be sold

South Africa`s Kyalami racetrack, which hosted Formula One Grand Prix races for nearly two decades, will be sold and could be lost to motorsport, auction organisers said Wednesday.

Tokyo court starts Mt. Gox bitcoin bankruptcy proceedings

Bankruptcy proceedings began today for the Mt. Gox bitcoin exchange, a move that was widely expected after the Tokyo District Court decided earlier this month that the company would not be able to resurrect itself.

Ex-accountant slams Rihanna

Rihanna`s ex-accountant Peter Gounis has claimed that the R&B star spent her money on shopping and extravagant parties, which gave her financial troubles.

Rihanna blames accountant for bankruptcy

Rihanna claims that her accountant made so many wrong decisions that he blew her fortune and she was "effectively bankrupt" by the end of 2009.

Aaron Carter files for bankruptcy

Aaron Carter is taking control of his finances as his rep has confirmed that he has filed for Chapter 7 bankruptcy.

Lindsay Lohan`s ex Calum Best files for bankruptcy

Troubled star Lindsay Lohan`s former boyfriend Calum Best has filed for bankruptcy.

Judge stops lawsuits against Detroit bankruptcy

A federal judge agreed with Detroit and stopped any lawsuits challenging the city`s bankruptcy.

Detroit, symbol of industrial America, goes bankrupt

Detroit filed the largest municipal bankruptcy in the US history on Thursday.

Eva Longoria’s beau filed for bankruptcy in 2012 after racking up more than $4M in debts

Eva Longoria`s new love, Ernesto Arguello had filed for bankruptcy in 2012 with allegedly 4 million dollars in debt , according to reports.

Kerry Katona cancels wedding, looks for smaller house following bankruptcy

Kerry Katona has cancelled the plans of her lavish wedding and is looking for a small house after being declared as bankrupt for the second time in five years.

Heart-break causes more suicides than unemployment: NCRB report

More people in India end their lives due to heart-break than unemployment or bankruptcy.

`Pakistan State Oil near bankruptcy due to energy debt crisis`

Continuous cash flow problems due to a debt crisis in the energy sector has brought Pakistan`s only public sector oil marketing company Pakistan State Oil (PSO) close to bankruptcy, a report has said.

California city heading to bankruptcy court

After years of struggles, a Central California city is poised to become the most populous in the US to enter bankruptcy when its trial begins on Monday in federal court.

Cyprus’ largest bank warns economy ‘on the brink’

Cyprus’ largest bank has warned that the Cypriot economy is ‘on the brink’ and immediately needs a liquidity lifeline from Europe.