A parcel of loans to troubled casino operator Star Entertainment have been pitched to investors by a fixed-income broker in a sign some of Star’s lenders may be considering offloading their positions, amid a gruelling second Bell inquiry and further turnover of talent. Star Entertainment raised $300 million of four-year senior secured debt in November…
Bankruptcy is one way out of Trump’s financial jam. He doesn’t want to take it. The Washington Post Read the original article here
REX -REGIONAL EXPRESS HOLDINGS LIMITED ENTERS VOLUNTARY ADMINISTRATION Sydney Times Read the original article here
These debt relief companies are worth considering if you’re overwhelmed with paying off what you owe. Getty Images/iStockphoto While the current inflation rate is lower than it was in April of last year, it’s not back to normal quite yet. At a rate of 3% in June, the inflation rate has continued its downward trend…
Belgian semiconductor makers declared bankrupt, over 400 jobs at risk The Brussels Times Read the original article here
The Australian startup ecosystem is facing its next wave of financial challenges. With a 54% decline in capital raised by Australian startups in 2023 and a 14.5% rise in insolvencies, Australian startups are financially strained. For those operating in the capital-intensive tech sector in particular, the time between funding rounds is harder than ever. Tech…
BBC Chris Spindler first started placing 20p bets aged 12 and over the next 11 years, became £25,000 in debt A man whose gambling addiction put him £25,000 in debt, aged 23, said it “truly felt like my brain was rewired”. Chris Spindler, from Cheddar, Somerset, said he was 12 when he and a school…
David Crisafulli, the politician likely to become Queensland’s next premier, ran a training organisation liquidators believed may have been trading insolvent from the day he started as a director. The Melbourne-based company, Southern Edge Training, was a registered training organisation that offered courses from health administration to forklift operating, and received government funding. It collapsed…
Gone are the days of Galera: Biotech says goodbye to staffers and initiates wind down Fierce Biotech Read the original article here
If you’re behind on your auto loan payments, you face problems like damage to your credit and vehicle repossession. However, auto debt relief is possible through refinancing, lender hardship programs, and credit counseling, among other options. Key Takeaways The average MSRP (not loan amount) for new cars was $41,837 in Q1 2024, and used cars…