A court has declared online home retailer Fonq bankrupt, according to the company’s trustees on Friday. They are now exploring whether parts of the business, including Naduvi, can be relaunched. Around one hundred employees are at risk of losing their jobs. Fonq had already received creditor protection earlier this month after failing for some time…
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Published on 27/03/2026 at 12:00 closure of a brand founded in 1908 in Chile moves market with massive sale of items and attracts interest from buyers, merchants, and investors seeking opportunities The end of one of the most traditional companies in the food industry in South America is drawing attention and generating… Read the original…
The decision comes amid an ongoing legal push launched in 2018 by the Centre, after the collapse of Infrastructure Leasing & Financial Services and its group entities exposed deep governance failures The National Company Law Tribunal’s (NCLT) refusal to grant immunity to leading audit firms in the IL&FS case marks a sharp turning point in…
fonq The curtain has fallen on online home furnishings retailer Fonq. After years of struggling, millions in injections of capital, and five changes in management, the company has succumbed to its structural losses. Years of decline and losses Fonq was founded in 2003 and grew into an online department store with a turnover of 66…
Fact Check: Did the Treasury really declare the U.S. insolvent? – Here’s the reality MARCA Read the original article here
Claims that the United States has effectively been declared insolvent by its own Treasury have gained traction online, sparking concern and confusion about the country’s financial position. These arguments are based on interpretations of official government financial statements, particularly those showing that long term liabilities significantly outweigh assets. At first glance, the figures appear alarming…
March 27, 2026 Photo: Fonq Dutch online furniture and home products retailer Fonq has been declared bankrupt. The group, which also owns the Naduvi platform, had applied for court protection from creditors just over a week ago. Customers have already been unable to place orders via the website for the past few days and those…
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FRIDAY EDITION Did Treasury declare US ‘insolvent’? Here’s the bottom line In March 2026, posts claimed the U.S. Department of the Treasury declared the U.S. government insolvent, which would mean the government had lost its ability to repay its debts. The rumor spread after the Treasury published financial statements last Monday for the previous fiscal…