Workers at Mexican airline Magnicharters are preparing to launch a strike on June 30 as labor negotiations remain stalled, adding another layer of uncertainty to the carrier’s ongoing insolvency proceedings and prolonged suspension of operations. The Sindicato Asociación Mexicana de Trabajadores de Autotransportes, Aero-Transportes, Similares y Conexos de la República Mexicana, which represents Magnicharters employees,…
Research across 59 countries shows venture debt reshapes startup finance by reducing early-stage equity, increasing late-stage investment, and expanding the total pool of capital A new international study by researchers from the Edinburgh Business School based at Heriot-Watt University has found that venture debt is reshaping how capital moves through technology startup ecosystems around the…
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Paris-based alt meat firm SWAP Food (formerly UMIAMI) has been placed into judicial liquidation and ceased activities today (June 15) according to emails sent to industry stakeholders this week. The firm, which was founded in 2020 and has secured more than €100 million ($116 million) in debt and equity from backers including The Sociétés de…
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A third of UK adults are currently in debt to their energy firm or worried about falling behind ahead of a 13% jump in the price cap from July, a survey suggests. The figure rises to 45% of parents with a child under 18, and 35% of disabled people, the poll for the End Fuel…
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Updates to this page Published 24 September 2020 Last updated 16 February 2021 — Show all updates 16 February 2021 Government intends to extend the power to make temporary amendments or modify the effects of corporate insolvency and governance legislation for an additional year. 9 December 2020 Government will reinstate the temporary suspension of the…