By Reuters Staff 1 Min Read FILE PHOTO: Bank of Italy Governor Ignazio Visco presents Bank of Italy’s annual report in Rome, Italy, May 29, 2020. Alessandro Di Meo/Pool via REUTERS/File Photo ROME (Reuters) – International institutions will come up with more debt relief initiatives for poor countries, the central bank governor of Italy, which…
Link copied toclipboard The Australian Institute of Credit Management (AICM) has warned a flow of corporate insolvencies might be coming in the months ahead as government stimulus winds down. Although JobKeeper formally ended the last month, it will only stop being paid in early May. Additionally a temporary moratorium in Wind Up petitions has recently…
Caesars Entertainment (NASDAQ:CZR) has had a remarkable turnaround on the stock market, climbing 178% over the last three years and 432% over the past year after plunging at the beginning of the pandemic. Investors are betting on a recovery in consumer discretionary stocks, U.S. gambling, and continued growth in online gambling. What may be getting…
By Reuters Staff 1 Min Read FILE PHOTO: Bank of Italy Governor Ignazio Visco presents Bank of Italy’s annual report in Rome, Italy, May 29, 2020. Alessandro Di Meo/Pool via REUTERS/File Photo ROME (Reuters) – International institutions will come up with more debt relief initiatives for poor countries, the central bank governor of Italy, which…
Despite a tough period for businesses in Hong Kong the introduction of a corporate rescue procedure remains elusive, says Johnson Kong, Managing Director at BDO Hong Kong Not all jurisdictions offer companies the breathing space in which to restructure while keeping creditors at bay. In Hong Kong, for example, although recommended by the Law Reform…
Fraud-hit sugar maker faces the crusher as company ordered for liquidation | VCCircle Home Consumer Fraud-hit sugar maker faces the crusher as company ordered for liquidation Fraud-hit sugar maker faces the crusher as company ordered for liquidation By 13 April, 2021 Photo Credit: 123RF:com Tamil Nadus fraud-hit Thiru Arooran Sugars Ltd is headed for liquidation…
Katie Price ‘owes 3.2 MILLION to creditors because she’s failed to pay off her debts – two years after being declared bankrupt’ By Laura Fox For Mailonline Published: 01:48 AEST, 14 April 2021 | Updated: 02:06 AEST, 14 April 2021 69 View comments Katie Price reportedly owes more 3.2 million to her creditors after accountants…
UNITED NATIONS: Prime Minister Imran Khan joined UN Secretary General Antonio Guterres on Monday in urging creditors to provide debt suspension, relief and liquidity to help developing nations cope with the negative economic impact of the Covid-19 pandemic. The prime minister, who made the opening statement at a special segment of the UN Economic and…
Dutch DTH platform Joyne declared bankrupt We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OK Read the full article at: https://www.broadbandtvnews.com/2021/04/13/dutch-dth-platform-joyne-declared-bankrupt/
UNITED NATIONS: Prime Minister Imran Khan joined UN Secretary General Antonio Guterres on Monday in urging creditors to provide debt suspension, relief and liquidity to help developing nations cope with the negative economic impact of the Covid-19 pandemic. The prime minister, who made the opening statement at a special segment of the UN Economic and…