Conservative opposition leader Robert Alden said: “Labour’s salami slicing has both driven services into the ground and failed to make the necessary savings or transform the council into a modern institution fit for purpose. “This abject failure has been driven at every instance by the failure of the Labour leadership in Birmingham”. Leader of Birmingham…
German election brings relief to European markets, debt brake in focus By Reuters Investing.com Read the original article here
Words: Liezl Human / GroundUp Students at the University of Cape Town (UCT) returned to lectures on campus on Monday after several days of protests over student debt. This comes as an agreement between the UCT council and Student Representative Council (SRC) was reached on Thursday, 20 February. The first week of lectures had been disrupted…
Ares Management – a leading global alternative investment manager – announced that Ares Credit funds served as the administrative agent on $300 million in incremental debt financing for Tempus AI, a technology company leading the adoption of AI to advance precision medicine and patient care. The financing is expected to support Tempus’ previously announced acquisition…
Number of liquidations going down under IBC: IBBI chief MSN Read the original article here
Number of liquidations going down under IBC: IBBI chief MSN Read the original article here
Triple Point Energy Transition enters voluntary liquidation Investing.com India Read the original article here
Debt can impact anyone at anytime and everywhere, a charity leader has said. Alison Berry, from Christians Against Poverty (CAP) in Windsor, said: “Sadly, the need for free face-to-face personal debt advice has really increased.” The charity has opened a new debt centre at Kerith Community Church in Dedworth Road to provide support to those…
German eVTOL developer Lilium (Oberpfaffenhofen) announced it filed for insolvency on February 21 after last-ditch funding options to secure its future did not materialise in time. “While talks about alternative solutions are still ongoing, the chance for restructuring right now is highly unlikely, and therefore, operations will be stopped. Given the situation, this is deeply…
The Insolvency and Bankruptcy Board of India (IBBI) in its latest newsletter said that over the years since the introduction of the Insolvency and Bankruptcy Code (IBC), more companies are getting resolved, and the number of liquidations is going down. “There is a visible trend reversal in the number of companies going into liquidation under…