NEWS •⁠ POLITICS •⁠ BUSINESS •⁠ CULTURE

Get InQueensland in your inbox

Moody’s

Saturday, December 02

Moody's paints bleak picture over Adani's $US500m debt mountain

Credit rating agency Moody’s has warned that Adani Abbot Point coal terminal is facing a refinancing risk on the $US500 million ($A670 million) of debt due next year.

Airline will fly again, but investors warned to 'get ready for a haircut'

Virgin will fly again but if it owes you money there is bad news on the way, according to credit ratings agencies.

(AP Photo/Wayne Parry)

16,000 workers stood down as Star shutters gambling, Virgin cuts more flights

More than 16,000 people were stood down today as Virgin Australia cut almost all flights and Star Entertainment shuttered its gambling operations at casinos in Brisbane, the Gold Coast and Sydney.

Pull up! Pull up! Virgin in tailspin, warned to cut fast and hard to survive

Virgin Australia edged further into crisis today as it told investors that the shutdown of domestic travel would have a further negative impact on the company.