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Daily Archives: August 27, 2024

Waipukurau Subway closed as franchisee put into liquidation – MSN

LiquidationBy EditorAugust 27, 2024

Waipukurau Subway closed as franchisee put into liquidation  MSN Read the original article here

Calculate your debt-to-income ratio (plus, DTI and mortgage approval)

Debt HelpBy EditorAugust 27, 2024

Applying for a mortgage (and shopping for the best interest rate) can be a complicated process, whether you’re a first-time homebuyer or a seasoned pro. Your debt-to-income ratio (DTI) is one factor lenders consider when deciding whether to approve you for a mortgage, and what rate to offer you if your application is approved. Put…

Sudbury news: Feds to change law that allowed Laurentian University to declare insolvency

BankruptcyBy EditorAugust 27, 2024

Sudbury MP Viviane Lapointe said Tuesday evening that the fall economic statement includes plans to change the legislation that allowed Laurentian University to declare insolvency. LU used the Companies’ Creditors Arrangement Act (CCAA) to declare insolvency in February 2021, leading to layoffs, program cuts and the end of its agreement with federated universities.…

Volocopter seeks new investors as risks of insolvency looms

BankruptcyBy EditorAugust 27, 2024

Volocopter CEO Dirk Hoke recently told German media that the eVTOL developer may need to look at insolvency options, after the company failed to secure loans from the Baden-Württemberg and Bavarian states to support its electric aircraft development. “Volocopter has been transparent that the fundraising market has been difficult in the past few years,” Hoke…

Warning over popular debt ‘roulette’ amid higher interest rates

Debt HelpBy EditorAugust 27, 2024

High interest rates have sent shockwaves through the housing market. Aussie homeowners are playing a game of refinance roulette as they weigh up what to do with their current mortgages. Comparison site Finder has revealed one-in-five Australian mortgage holders has refinanced with their own lender in the past year as cost of living pressures tighten…

Yes Bank appoints new India head of retail assets and debt management

Debt HelpBy EditorAugust 27, 2024

Yes Bank Ltd. appointed Sumit Bali as the new head of Retail Assets and Debt Management in India, according to a Bombay Stock Exchange (BSE) filing on Monday, August 26.  The appointment is effective today, as of August 26, 2024, according to company’s regulatory filing. “We are pleased to welcome Mr. Sumit Bali to Yes…

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