Native Instruments CEO Nick Williams has made a statement following news that the music tech company entered preliminary insolvency proceedings last week. In his first public comment since the news landed, Williams insisted in a blog post that it’s “business as usual” for the company, with both hardware and software products remaining “on sale and…
Dave Broadbent, chair of R3 in Yorkshire Yorkshire was among the regions to have seen levels of corporate insolvency activity fall in 2025, according to a new report from R3, the trade body for restructuring, turnaround and insolvency professionals. The figures show insolvency activity, which includes administration and voluntary and compulsory liquidations, decreasing by 9.9%…
Arthur Bus GmbH was founded in Munich in spring 2021 with the aim of marketing hydrogen buses and eventually evolving into a ‘system manufacturer for mobility solutions.’ The plan was to launch production in Lublin, Poland, primarily using German capital. As early as spring 2022, Arthur Bus and its hydrogen bus, the ‘Arthur H2 Zero,’…
Lidar manufacturer Luminar Technologies is being dismantled, the company liquidated. This is the result of the US company’s insolvency proceedings. Luminar owes over half a billion dollars, significantly influenced by a failed cooperation with the Chinese car manufacturer Volvo. Only a fraction of the debts will be recovered. At the last minute, creditors could hope…
From these factors, the impact of the funding shortage is already being felt in operational areas, such as: Afghanistan: One of the countries with the world’s highest maternal mortality rates. UN Women has had to close maternal and child clinics, affecting life-saving care for mothers. Sudan: The World Food Programme (WFP) has had…
Labor ‘is killing off small business’ The Australian Read the original article here
Opposition leader Robert Alden added: “By the end of the three-year medium-term financial plan, the Labour council will have doubled council tax since they took control in 2012 – hitting Brummies with higher taxes while refuse collections are slashed, rubbish sits on the streets, and potholes go unrepaired.” Read the original article here
Labor ‘is killing off small business’ The Australian Read the original article here
BitRiver, Russia’s largest bitcoin mining operator, has entered formal insolvency proceedings after a Russian arbitration court accepted creditor claims linked to unpaid debts. The case marks one of the most significant financial failures in the country’s crypto mining industry and highlights the pressure facing energy-intensive operators as costs rise and access to capital tightens. The…
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