(Bloomberg) — Uber Technologies Inc. is asking New York City’s taxi regulator to reconsider proposed changes to commercial auto insurance requirements, saying they may unintentionally leave thousands of drivers in one of the company’s largest markets unable to insure their vehicles. Uber prepared written comments ahead of a public hearing to be held Wednesday by…
Republika Srpska Finance Minister Zora Vidović said that Republika Srpska will allocate 25.5 million BAM from the budget next year to support the economy with new technologies, and noted that the RS debt is not growing, as the opposition claims, but is falling. “The public debt of Republika Srpska was the highest in 2005, at…
The company writes this in a short press release. “The board of directors of the Company has this evening decided to file for bankruptcy. The board decision is unanimous and is due to the fact that there is no longer a realistic opportunity to raise sufficient capital to continue operations. The bankruptcy petition will be…
Elon Musk has warned Bill Gates could go bankrupt in the future if Tesla meets one condition. They are two of the most powerful and richest men on the planet, but they often don’t seen eye to eye. Back in April 2022, Musk said he refused a philanthropy request from Gates over the stock shorting…
MPI drops allegations of fraud against Gloriavale honey company after liquidation The Press Read the original article here
BANGKOK: Thailand’s cabinet on Wednesday (Dec 11) approved debt support measures, including interest suspensions and reduced principal payments, to help tackle household debt, Prime Minister Paetongtarn Shinawatra said. The measures will help retail borrowers and smaller businesses, she told a press conference. Finance Minister Pichai Chunhavajira told reporters the cabinet also agreed to allow banks…
UN chief says debt relief tools far from adequate Reuters Read the original article here
Katies was once a staple of the Australian fashion industry but the brand will be lost to time as its remaining 80 stores are shut for good in January. The closures are one lever being pulled in a delicate bid to stabilise parent company Mosaic Brands, which recently entered voluntary administration owing creditors almost $250m.…
“Whether through a remortgage or a second charge mortgage, debt consolidation can be a practical and valuable solution for those needing to restructure their finances.” The ongoing cost-of-living crisis has left many households struggling to manage their finances. Rising food and energy bills continue to squeeze disposable incomes, with over half of respondents…
Nicheliving directors save failed company from liquidation MSN Read the original article here