Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
In a gesture that took the internet by surprise, the owner of a Chandigarh-based pharmaceutical company gifted 51 luxury cars to his employees ahead of Diwali. The man behind the viral moment is MK Bhatia, founder and chairman of the MITS Group, who personally handed over the keys of the brand-new Scorpio SUVs during the…
TT-Line could have faced insolvency without emergency borrowing arrangements approved during the election caretaker period, Tasmania’s lending authority has revealed. TASCORP chair Gary Swain told a parliamentary committee the ferry operator’s financial position was “not sustainable” when it requested an extra $410 million in borrowing capacity in April. The Tasmanian Public Finance Corporation approved a…
The White House has approved a sweeping Student Loan Forgiveness plan that could clear billions in debt for millions of Americans. The move, confirmed by multiple outlets including Fox Business and LiveMint, follows a settlement aimed at speeding up relief for borrowers stuck in long delays, servicing errors, and legal fights. The plan is designed…
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
HAMBURG (dpa-AFX) – Credit insurer Allianz Trade anticipates a global increase in corporate insolvencies next year. According to the Paris- and Hamburg-based Allianz subsidiary, this would mark the fifth consecutive annual rise. Analysts are forecasting a five percent increase in insolvencies compared to the previous year. In Germany, insolvency activity is expected to remain at…
I KNOW, I know, it’s before Halloween and we shouldn’t be talking about this yet, but, the supermarkets are full of tubs of sweeties and crackers and it’s easy to get swept up in the sparkle and excitement of Christmas shopping, parties, and gift giving. But with rising costs putting extra strain on many households,…
China Signals Support for Indonesia HSR; Debt Under Review The China-Global South Project Read the original article here
Insolvency rates set to remain 20% to 30% above pre-pandemic levels By MIKE SHEEN, BUSINESS EDITOR Updated: 15:00 AEDT, 21 October 2025 Business insolvency rates will remain 30 per cent above pre-pandemic levels next year after with another 27,650 firms set to go bust in 2025, research suggests. Official data last week that showed another…
Around 28,000 British businesses face going bust this year This is Money Read the original article here