Iconic fish market hits back at collapse claim

The Sydney Fish Market has rejected claims it is on the brink of financial collapse. Picture: NewsWire / Nikki Short The largest fish market in the southern hemisphere has hit back at claims it is close to financial collapse. The Sydney Fish Market (SFM), responding to reports it was confronting an $8m loss for 2023-24…

Korea Credit Ratings, which downgraded Homeplus’ credit rating in February, directly pointed to MBK ..

Korea Credit Ratings, which downgraded Homeplus’ credit rating in February, directly pointed to MBK Partners’ management method as the reason for the downgrade. In addition, for companies with private equity funds (PEFs) like Homeplus, strategies that focus on collecting investments are important factors in determining creditworthiness, and a close review of management’s financial policies is…

Panel directs builder firm to refund customer who didn’t get promised flat

THIRUVANANTHAPURAM: The Kerala State Consumer Disputes Redressal Commission has directed a builder company to give full refund and compensation to a customer who did not get the promised apartment. The commission rejected the company’s argument citing insolvency proceedings before the National Company Law Tribunal (NCLT). The complainant, a Thiruvananthapuram native, had booked a 3-bedroom apartment…

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‘The party is over’ as Tupperware files for bankruptcy after years of troubles

New York/London CNN  —  Tupperware, known the world over for its plastic food storage containers, has filed for bankruptcy after years of falling popularity and financial troubles. “Over the last several years, the company’s financial position has been severely impacted by the challenging macroeconomic environment,” Laurie Ann Goldman, president and CEO of Tupperware Brands Corporation,…