ANDY JACKSON/Fairfax NZ Liquidators were appointed in the case of Little Crate Limited following a High Court hearing in New Plymouth on June 27. (File Photo) A company behind a New Plymouth cafe has been placed into liquidation. Two accountants have been appointed as liquidators in the case of Little Crate Limited, following a hearing…
This is the face of a Millennial crime wave: there’s the party guy, there’s the bovver boy and then there’s Mr Invisible, the guy who leaves no tracks. The Plutus Payroll scam, one of the largest alleged tax frauds in Australian history, was run by a handful of 20- to 30-year-olds, Gen Y stereotypes with…
No sector was spared by the 1997 financial crisis, causing economic devastation and massive unemployment.SOMKID CHAIJITVANIT It has been 20 years since the financial crisis engulfed Thailand, sending shock waves to other Southeast Asian peers — including Malaysia, Indonesia and the Philippines. Widely believed to have started with the Thai baht devaluation on July 2,…
Despite its massive outperformanceL&T Finance Holdings gained 85% during the last one year compared to the 15% gain in the Sensexanalysts continue to be bullish on the counter. This is because the company has shown robust performance in the past four quarters. Despite the ongoing restructuring, L&T Finance Holdings’ gross loan increased 14% year-on-year (y-o-y)…
Boris Becker and Stefan Edberg was a rivalry that lit up the tennis world In three consecutive finals they both fought for the greatest prize in the game But despite being set for life, Becker was recently declared bankrupt Edberg, however, has been busy building a second fortune since retiring By Jonathan McEvoy for the…
The Ten Network will go into voluntary administration after key shareholders pulled their backing for a new $250 million loan over the weekend. The decision was confirmed in a statement published on the ASX on Wednesday. The network said that the decision by high-profile backers, Lachlan Murdoch and TV network owner Bruce Gordon, not to…
For the first time in seven years, the headcount of Samsung Electronics came down in 2016 mainly due to its restructuring in China, the company data showed on Sunday. The number of employees of the world’s largest smartphone and memory chip manufacturer fell 5.2 per cent to 308,745 in 2016 from…
There are a number of debt consolidation companies in the market today and National Debt Relief released a recent article which aims to help consumers choose the right one for them. The material released May 16, 2017 and titled “Selecting The Debt Consolidation Company (And Method) That’s Right For You” give people the chance to…
Jo De Rosa, 45, lives in £1.5m property in Hertfordshire with 18 bedrooms In 2009 was declared bankrupt after franchise deal went wrong Made vision board of dream home and told herself she’d one day live there Now she runs successful yoga retreat with her husband Dom By Nilufer Atik For Mailonline Published: 17:22…
Image source: Getty Images. Many small business owners rely upon credit card debt for various capital needs, whether to gather funds to establish a business, or to fund working capital and other ongoing needs, once up and running. No doubt many entrepreneurs have dug themselves into inescapable holes by using credit card debt the wrong…