Friday, 4 April 2025, 4:29 pmPress Release: Greenpeace A company which had dreams of becoming the world’s largest deep sea mining company has declared bankruptcy. Norwegian company, Loke Marine Minerals, aimed to hold licences in the Pacific and the Arctic. Now, their deep sea mining dreams have been shattered. Loke also owns UK Seabed Resources,…
While the aspirational middle class is rising and is now open to spending and consuming more and more, it is happening on the backs of debt. A recent survey has shared alarming data of how over 68% Indian borrowers are under debt trouble, with several reports emerging recent about how families or individuals are taking…
Anil Ambani-led telecom giant Reliance Communications has revealed its total financial indebtedness of ₹40,413 crore as of March 31, 2025. The amount includes short-term and long-term debts. However, it doesn’t include accrued interest on loans from banks and financial institutions of ₹30,116 crore or interest on Non-Convertible Debentures (NCDs) of ₹3,361 crore. All combined, the…
From home loans to HECS debts to payday loans, Aussies have become prolific borrowers. According to the Bank for International Settlements, aggregate household debt in 1974 was equivalent to about a third of Australia’s gross domestic product (GDP). As of 2024, the total amount owed by Aussie households exceeds 110% of GDP. Australia used to…
Underscoring the massive scale of America’s medical debt problem, a nonprofit has struck a deal to pay off old medical bills for an estimated 20 million people. New York-based Undue Medical Debt, which buys patient debt, is paying off $30 billion worth of unpaid bills in a single transaction with Pendrick Capital Partners, a Virginia-based…
Edward William Rennick could face up to 23 years in prison if he’s convicted of a tax crime and wire fraud conspiracy for helping cheat debt-relief clients. Author: firstcoastnews.com Published: 8:40 AM EDT April 4, 2025 Updated: 8:40 AM EDT April 4, 2025 Read the original article here
Limavady business enters insolvency owing total of 14 creditors including taxman Current director Nicolas Taggart (left) and father Michael, who was a former director A building company once owned by two of Ireland’s richest men has commenced insolvency proceedings after racking up debts of more than £3.4m. Taggart Homes, in Limavady, Co Londonderry filed a…
Warning to struggling businesses in South Africa Business Tech Read the original article here
Kremlin Critic Boris Nadezhdin Declared Bankrupt by Russian Court MSN Read the original article here
Kremlin Critic Boris Nadezhdin Declared Bankrupt by Russian Court MSN Read the original article here