Interior chain Rivièra Maison collapses after years of losses

The Dutch home goods retail chain Rivièra Maison has been declared bankrupt. The family business, known for its country style, has been struggling with financial problems for several years. Seven physical stores and around 300 employees have been affected. “Ralph Lauren of home decor” According to insiders, the situation at Rivièra Maison deteriorated rapidly in…

German company bankruptcies at 10-year high

The number of German companies going bankrupt is continuing to rise, credit agency Creditreform warned on Thursday. The agency says some 11,900 companies will have filed for insolvency by the end of the first half of the year. That would be 9.4% more than in the January-June period of 2024. Although the increase has slowed…

Ethiopia Proposes Predictable Timeline to Ensure Timely Access to Debt Relief for Debtor Countries – ENA English

Addis Ababa, June 26, 2025 (ENA) — Ethiopia’s Finance State Minister Eyob Tekalign is participating in the 12th Paris Forum being held in Paris, France. Speaking at the forum, the State Minister outlined Ethiopia’s experience with sovereign debt treatment under the G20 Common Framework. Eyob emphasized the constructive and collaborative nature of the negotiations thus…

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