IMF calls for Thai rate cut to support inflation, ease debt load – vietnamnews.vn
IMF calls for Thai rate cut to support inflation, ease debt load vietnamnews.vn Read the original article here
Biden-Era Student Debt Relief Plan Blocked by US Appeals Court – All You Need to Know
The U.S. Appeals Court ruled information against the SAVE plan initiated by former President Joe Biden. After this, students are going to face a financial burden that will impact their savings and living conditions. The US Appeals Court Block Biden-ERA SAVE Plan which will increase financial pressure on borrowers. They will not get compensation or…
Fed’s QT pause, Treasury’s debt plans may offer fleeting relief to US bonds
By Davide Barbuscia NEW YORK (Reuters) – A potential slowdown of the Federal Reserve’s balance sheet drawdown and Treasury Secretary Scott Bessent’s assurance against imminent long-term debt hikes could offer relief in the near term to bond market jitters as fiscal concerns linger. Fed minutes from the January 28-29 rate-setting meeting released this week showed…
Sritex declared bankrupt following Supreme Court ruling
The Supreme Court hearing, led by Justice Hamdi, confirmed the verdict by the Semarang Commercial Court on Monday, October 21, 2024, which had declared Sritex bankrupt. The court deemed Sritex failed to fulfill its debt obligations to PT Indo Bharat Rayon (IBR), one of its creditors, as stipulated in the homologation agreement on Tuesday, January…
EV startup Canoo goes bankrupt
Canoo, once a promising startup with a unique electric vehicle and orders from the likes of the U.S. Postal Service and the Department of Defense, has filed for bankruptcy and ceased all operations. The company announced it filed for Chapter 7 bankruptcy on Jan. 17 in a court in Delaware. This will result in a…
Lilium Faces Second Insolvency as Funding Uncertainty Continues
Image credit: Lilium German eVTOL developer Lilium is facing another financial crisis as the company struggles to secure a critical funding package that was expected to stabilise its operations. After announcing a €200 million rescue deal on Christmas Eve, Lilium has so far received only a fraction of the promised funds, leaving it unable to…
Pierer Industrie AG avoids insolvency, decision on KTM imminent – MSN
Pierer Industrie AG avoids insolvency, decision on KTM imminent MSN Read the original article here
Family Metal Foundry Saves a Business The KTM Insolvency Nearly Killed – MSN
Family Metal Foundry Saves a Business The KTM Insolvency Nearly Killed MSN Read the original article here
Lilium declares bankruptcy for the second time
Lilium Aerospace has filed for insolvency again after promised funding options to secure the company’s future failed to materialize. A statement from the company confirmed that operations were ceasing. It said, “While talks about alternative solutions are still ongoing, the chance for restructuring right now is highly unlikely. “Giving the situation, this is deeply regretful for…
Lilium Closes eVTOL Business As New Investment Falls Through – Aviation International News
Lilium Closes eVTOL Business As New Investment Falls Through Aviation International News Read the original article here