In the energy industry, it’s known as the solar coaster: The ups and downs in the solar industry can cause companies to grow quickly and fade just as fast. So far in 2024, customers of more than one big installer have felt those big downhill drops. The latest solar giant to struggle is SunPower Solar,…
The (FfD4) took place from June 30 to July 3, 2025 in Seville, Spain, marking a pivotal moment for global cooperation on sustainable development. FfD4 marks the 80th anniversary of the United Nations (UN) and arrives amid rising debt, climate risks and a $4.2 trillion annual financing gap for developing countries, highlighted Philemon Yang, president…
The recent reforms reflect the IBBI’s aspiration to make the insolvency resolution process not just faster, but also more accountable and investor-friendly. But it is imperative to view these reforms in consonance with the underlying institutional limitations. The IBC framework still suffers from limited infrastructure at the NCLT level, valuation disputes, inconsistent judicial interpretation and…
Michael Jordan once admitted he turned his gambling losses into apology checks for his wife: “Here honey, I’m sorry for the embarrassment” originally appeared on Basketball Network. Even though Michael Jordan was the embodiment of basketball greatness every time he stepped on the hardwood or grinded behind the scenes, the one stain that followed him…
Reliance Communications (RCom), once a formidable force in India’s booming telecommunications industry, had a rapid ascent and a spectacular decline. In the latest development about the beleaguered company, State Bank of India has decided to mark Reliance Communications’ loan account as “fraud” and report the name of Anil Dhirajlal Ambani (erstwhile director of the company)…
Retirement can be a stressful time for those in debt (Alamy/PA) (Alamy/PA) As retirement approaches, many people look forward to a slower pace of life and the freedom that comes with no longer working full-time. But for those carrying debt into their later years, the prospect of retiring can bring just as much anxiety as…
A Family Nursing & Home Care employee who stole more than £3,600 from the charity after falling into gambling debt wept as she was jailed for six months yesterday. The Magistrate’s Court was told on Friday that Jeanette Hotton (60), who pleaded guilty to larceny, had initially planned to pay the money back when she…
In a startling escalation of a long-standing corporate and legal dispute, India’s largest public sector lender, State Bank of India (SBI), has officially labelled industrialist Anil Ambani a “fraudulent borrower” in connection with loans extended to his company, Reliance Communications. The move comes after years of litigation, recovery attempts, and dramatic turns in the financial…
The 4th International Conference on Financing for Development (FfD4) in Seville, Spain, organised by the United Nations, was convened for revitalising financing for sustainable development across the globe. But the meeting took place in the face of severe headwinds. The United States was absent, having made its intentions clear by severely cutting aid commitments and…
This article was written by Follow Aaron Chow, aka Elephant Analytics has 15+ years of analytical experience and is a top rated analyst on TipRanks. Aaron previously co-founded a mobile gaming company (Absolute Games) that was acquired by PENN Entertainment. He used his analytical and modeling skills to design the in-game economic models for two…