1. Background Seasonal adjustment is the estimation and removal of effects on a time series that are a result of the time of year, such as the calendar month or Easter. Accounting for these effects makes it possible to analyse the underlying trend in the data. A common example is retail sales, which peak as…
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Romanian low-cost carrier Blue Air goes bankrupt SeeNews Read the original article here
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Affimed N.V. MANNHEIM, Germany, May 13, 2025 (GLOBE NEWSWIRE) — Affimed N.V. (Nasdaq: AFMD), a clinical-stage immuno-oncology company committed to giving patients back their innate ability to fight cancer, today announced its decision to file an application for opening of insolvency proceedings with the local court of Mannheim in Germany. As previously reported, Affimed N.V.…
A Hunan court confirmed the Stellantis joint venture was unable to repay debts despite a major sell-off of assets. By Stewart Burnett A court in China’s Hunan province has declared GAC Fiat Chrysler Automobiles (GAC-FCA) bankrupt, ending the troubled joint venture between Stellantis and the state-owned Guangzhou Automobile Group. The bankruptcy administrator confirmed the company…
Regional airline declares bankruptcy, customers may not get refunds TheStreet Read the original article here
The troubled joint venture between Stellantis and China’s Guangzhou Automobile Group, GAC Fiat Chrysler Automobiles, has officially been declared bankrupt, the company confirmed on Tuesday. In a social media post, the joint venture shared images of a bankruptcy ruling issued by a court in Hunan province, formally marking the end of the business, which has…
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Stuart Edward Hutchinson, 38, and Lauren Hutchinson, 34, were directors of Adlington Electrical Limited (AEL), based in Chorley. Both were found to have allowed the company to trade to the detriment of HM Revenue & Custom (HMRC), despite having significant income during that time. According to the Insolvency Service, they failed to submit VAT returns and…