Eye-watering amount owed by Aussie retailer – Herald Sun
Eye-watering amount owed by Aussie retailer Herald Sun Read the original article here
NCLT admits Ansal Properties & Infrastructure to insolvency – Bar & Bench – Indian Legal News
NCLT admits Ansal Properties & Infrastructure to insolvency Bar & Bench – Indian Legal News Read the original article here
Bank official gambles away customers’ gold in online betting
Tirupati: While the ‘Lucky Bhaskar’ in reel life used bank money to support his family while battling debt and humiliation, the real-life counterpart at Nagalapuram’s Union Bank took a far darker route. Assistant manager Arava Suryatej allegedly misused gold pledged by customers to fuel his online betting addiction. The shocking gold loan scam at the…
Big EU countries push expanded carbon border tax to help repay Covid debt – POLITICO
Proponents are now making their case, spying an opening with the upcoming review and looming talks over the EU’s next seven-year budget, which will determine how the bloc repays the joint debt it took on in 2021 to stabilize a Covid-battered economy. One of the plan’s biggest proponents, Poland, also currently holds sway over the…
Broughty Ferry pub firm liquidated after owner’s drink-driving ban
Broughty Ferry pub firm liquidated after owner’s drink-driving ban Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. … Read the original article here
Goodbye to the Store Loved by Several Generations
Joann, a renowned chain of stores specializing in crafts and sewing, will close all its locations in the United States. The company announced its total liquidation after failing to find a solution to remain operational. The closure depends on court approval but inventory liquidation has already begun in more than 800 stores. GA Group and…
Strategy stock dips as Bitcoin price crashes below $90K, sparking concerns of forced liquidation
Strategy’s MSTR has declined over 55% since November 20, igniting concerns of forced liquidations among investors. The sell-off stems from the company’s heavy exposure to Bitcoin following its buying spree in the past year. Strategy could be forced to liquidate part of its Bitcoin holdings if investors redeem convertible notes early. Strategy (formerly MicroStrategy) witnessed…
Tesla CEO Elon Musk gives ‘bankruptcy’ warning for California
Tesla CEO Elon Musk has warned that California is at risk of going bankrupt if significant changes aren’t made. In a post on X (formerly known as Twitter), Musk emphasized the urgency of the situation, stating, “Crucial or California will go bankrupt.”The tech billionaire quoted an X user’s post that read “We need @DOGE California.…
Motorbike Maker KTM’s Creditors Take 70% Hit in Restructuring – MSN
Motorbike Maker KTM’s Creditors Take 70% Hit in Restructuring MSN Read the original article here
KTM Has an Entire Year’s Worth of Unsold Motorcycles Piling Up
I don’t know if you’ve heard, but KTM is in some serious trouble. Aside from layoffs, insolvency hearings, MotoGP development pauses, and a culling of the board, it really hasn’t sold all that many motorcycles over the last year. How many hasn’t it sold you ask? How does a year’s worth sound? Or to put…