Tags: Australia

U.S. energy giant Peabody filed for Chapter 11 bankruptcy last Wednesday. The company had to declare its inability to pay its $10.1 billion debt following low energy sector and drastic plunge of coal price.

Amber Heard faces trial in Australia on Monday for failing to declare her two dogs when she traveled to Australia last year.

More than 800 wealthy Australians are under investigation by the Australian Taxation Office for possible tax evasion linked to their alleged dealings with a Panama-based law firm.