(Bloomberg) — Abu Dhabi-based KBBO Group, once one of NMC Health Plcs biggest shareholders, has hired a turnaround specialist to restructure its $2 billion debt pile, people familiar with the matter said. The privately-held investment firm with assets in health care and food named Bruno Navarro as its chief restructuring officer, the people said, asking…
Falling into debt isnt something anyone plans for. More often than not, it happens due to circumstances out of our control. Debts can often accrue without your direct knowledge until one day, you find yourself staring up from under a bucketload of them with no clear way out. With bills continuing to rack up and…
Harlow-based Simon Moir (58) has been disqualified from acting as a director for 14 years, one year below the maximum term. From 22 September, the holiday parks boss will be banned from acting as a director or directly or indirectly becoming involved, without the permission of the court, in the promotion, formation or management of…
Image copyright Alejandra Sol CasasImage caption Hilda Robles at her home in San Antonio Minority communities in the US and elsewhere have sometimes turned to traditional money saving methods outside the formal banking system. The economic shock from the coronavirus pandemic could spur renewed interest in those savings clubs. When Hilda Robles recalls her first…