Corporate bankruptcies in Germany were at their highest level in a decade in the first half of 2025, as firms in Europe’s largest economy struggle with weak demand, rising costs and uncertainty, a study by economic tracking agency Creditreform has showed. Some 11,900 corporate insolvencies were registered in the first six months of this year,…
Others Specials In modern India, credit cards have become essential for millions, enabling seamless transactions for daily needs and major purchases. Yet, this convenience hides a costly drawback: interest rates as high as 3.5% per month, or 42% annually. Paying only the minimum due—typically 5% of the balance—leads to a debt spiral, with interest charges…
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McMahon would have the authority to kick employers out of the Public Service Loan Forgiveness program under the proposed plan. Jim Watson/AFP/Getty Images The Education Department is planning to put new limits on which employers can qualify for the Public Service Loan Forgiveness program, according to a draft proposal obtained by an advocacy group. Any…
Members of Parliament have approved a major cut in the government’s mandatory spending and directed the National Treasury to craft a detailed plan to manage the country’s growing public debt. The legislators endorsed a report that lowers the Consolidated Fund Services (CFS) budget by Sh295.28 billion and gave the Treasury 60 days to publish…
Australian online retailer SurfStitch has been placed into administration and is facing legal action from sportswear behemoth Nike amid claims it is owed almost $240,000. A notice lodged with the corporate regulator revealed SurfStitch, which was only recently sold by Alquemie Group, had been placed into voluntary administration earlier this month. Edwin Narayan and Domenic…
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JSW approaches Supreme Court seeking a review of its May 2 judgment. File JSW Steel has approached the Supreme Court seeking a review of its May 2 judgment, which rejected the resolution plan submitted by the company for Bhushan Power and Steel Ltd. (BPSL) and directed the initiation of liquidation proceedings. Also Read | NCLT…
Corporate bankruptcies in Germany were at their highest level in a decade in the first half of 2025, as firms in Europe’s largest economy struggle with weak demand, rising costs and uncertainty, a study by economic tracking agency Creditreform showed on Thursday. Some 11,900 corporate insolvencies were registered in the first six months of this…
Alpha DX Group Limited: No New Developments in Liquidation Process TipRanks Read the original article here