The Director-General of the World Trade Organisation, Ngozi Okonjo-Iweala, on Wednesday recounted how a deliberate communication strategy helped Nigeria secure the landmark $30 billion Paris Club debt relief during the administration of former President Olusegun Obasanjo. Okonjo-Iweala spoke in Abuja at the public presentation of The Pain and the Promise, a new book by communications…
Varta files for insolvency after losing Apple’s AirPods battery contract. The German battery manufacturer faces restructuring after losing its biggest customer and shutting down part of its production capacity. Credit: Jhoan Baron / ColombiaOne (AI-generated picture). For editorial use only. German battery manufacturer Varta filed for insolvency on July 24, 2026, ending more than 130…
The National Company Law Tribunal (NCLT) has reserved its judgment in an insolvency petition filed against SpiceJet by aircraft lessor Aviator ML, with a verdict expected shortly. The plea was filed under the Insolvency and Bankruptcy Code (IBC) by aircraft lessor Aviator ML, alleging a payment default of around ₹60 crore. The dispute pertains to…
LOS ANGELES (KABC) — Shohei Ohtani’s former interpreter initially told a reporter that the Dodgers star had agreed to cover his massive gambling debt, according to a newly released audio recording. But the interpreter reversed course less than 24 hours later, admitting that he had lied. The interview, which federal authorities later said “created an…
BPH Energy Faces Legal Setbacks on PEP 11 and Voluntary Administration of Onshore Unit TipRanks Read the original article here
LOS ANGELES (KABC) — Shohei Ohtani’s former interpreter initially told a reporter that the Dodgers star had agreed to cover his massive gambling debt, according to a newly released audio recording. But the interpreter reversed course less than 24 hours later, admitting that he had lied. The interview, which federal authorities later said “created an…
As economic uncertainty continues to challenge businesses across Ireland, the companies best placed to weather disruption are not necessarily those with the deepest pockets, but those willing to recognise problems early and seek advice before financial pressure becomes a crisis. That’s the view of Barry Cahir, partner in the Corporate Restructuring & Insolvency team at…
REVEALED: Latest business liquidations in Brisbane The Courier Mail Read the original article here
Market snapshot: Reliance Infrastructure Limited has achieved a dual legal and financial breakthrough. The company won a ₹157.64 crore arbitration award against the Mumbai Metropolitan Region Development Authority in a dispute over subordinated debt. Simultaneously, the National Company Law Tribunal has officially approved the withdrawal of the insolvency petition against its joint venture, Mumbai Metro…
Jeff Bezos might not be the CEO of Amazon anymore, but that doesn’t mean he isn’t involved in the business. Bezos remains the company’s Executive Chair and still owns a significant number of shares in the company he founded. Which is why people still pay attention when he offers updates on the company. In a…