(Dec 30): Air taxi start-up Volocopter GmbH filed for insolvency proceedings on Monday, citing its inability to raise new funds to maintain regular operations. The Mercedes-Benz and Honeywell-backed company plans to continue business operations during the insolvency proceedings while seeking additional funding. “Despite recent intensive fundraising efforts, finding a viable solution to maintain regular operations outside of…
SPQR closed its doors in July. Photo: RNZ / Melanie Earley It’s been a tough year for businesses around the country. In November, company liquidations were up 27 percent year-on-year, according to Centrix. Businesses large and small suffered – and even some big names did not make it. Here are some of the prominent businesses…
The Global Engagement Center, an office housed within the State Department and aiming to thwart disinformation and misinformation, has been forced by Congress to close up shop. It’s no mystery why; the taxpayer-backed GEC violated its mandate to work only overseas and devolved into a partisan enabler of speech suppression in the United States. Here’s…
Hin Leong Founder OK Lim and Children Declared Bankrupt Regulation Asia Read the original article here
Case Note on Siti Networks Ltd. v. Rajiv Suri Facts: Parties Involved: The case involves Siti Networks Ltd. (formerly Siticable Network Ltd.), represented by its Resolution Professional Rohit Ramesh Mehra (Appellant). Rajiv Suri, a businessman (Respondent). Background: The Appellant is undergoing a Corporate Insolvency Resolution…
The German manufacturer of Mercedes and Audi logos has declared bankruptcy Ореанда-Новости Read the original article here
ICSI CS June 2025 exam dates released: Check timetable for executive, professional courses here The Times of India Read the original article here
Citi maintains buy rating on Vodafone Idea, says shares may rally 70% after major debt relief The Economic Times Read the original article here
Foreign man in SG earning S$10K/month asks for help from S’poreans after he lost all his savings and fell into S$100K debt due to leverage trading The Independent Read the original article here
Date published: 30 December 2024 The Department for the Economy (the Department) has accepted disqualification undertakings from the directors of a company involved in other business support activities not elsewhere classified. The undertaking was received for six years from Brian Donaghy (41) of Tandragee Road, Pomeroy, Dungannon, and for four years from Roddy Baxter (45)…