A recent survey from the American Institute of CPAs about the anxiety-producing debt load facing Americans is replete with head-scratching details. But the upshot is this: It seems that a lot of people need financial planning. For starters, when everyday expenses are the top debt for 44 percent of the respondents, you know things must be…
Tata Steel Ltd. has sounded out banks about raising the equivalent of $5.1 billion through loan facilities and a bond issue to help refinance debt, according to people familiar with the matter. The Indian steelmaker plans a $2.15 billion six-year syndicated facility to refinance loans in the books of units, TS Global Holdings Pte. and…
Its that time of the year when we all splash our cash to celebrate Christmas and New Year. Its not uncommon for people to spend more than they originally planned, with the shopping season continuing through the Boxing Day sales and beyond. But many can end up with thousands of pounds of debt. Citizens Advice…
The Dh500,000 has been disbursed from Amaf’s health endowment that allocated Dh1.35 million for patient support The Awqaf and Minors Affairs Foundation (Amaf) has contributed Dh500,000 to the Dubai Health Authority (DHA) for paying out the outstanding dues of indigent patients. The kind gesture is part of the Shifaa initiative that aims to…
The Dh400,000 has been disbursed from Amaf’s health endowment that allocated Dh1.35 million for patient support The Awqaf and Minors Affairs Foundation (Amaf) has contributed Dh400,000 to the Dubai Health Authority (DHA) for paying out the outstanding dues of indigent patients. The kind gesture is part of the Shifaa initiative that aims to…
The latest initiative by the authorities to help borrowers from falling into deep, unsecured debt is a reminder for all to exercise financial prudence. It is also timely, what with the year-end festivities and Chinese New Year round the corner. The Sunday Times highlights what you need to know about the new credit limit measure.…
There’s a place online where UK residents go to confess their fears: faulty goods, debt, unemployment, migration, legal troubles. This place is the search bar of the Citizens Advice website. To the charity’s staff, the 450,000-plus annual entries provide an insight into the nation’s day-to-day apprehensions. “We know what the most common worries are at…
Indian conglomerate Adani Enterprises Ltd. needs as much as A$3 billion ($2.3 billion) in debt financing to help start producing Australian coal from one of the worlds largest mines, after major banks from Sydney to New York said they dont want to lend to polluting fossil-fuel projects. The company is seeking A$2 billion to A$3…
Ivanka Trump appeared on Fox News morning show, Fox & Friends, for the second time this week to promote the GOP tax bill. Trump said that she and Sen. Bob Corker, a longtime deficit hawk, believe the tax cuts, combined with deregulation, will ultimately eliminate the countrys $US20.6 trillion debt. That theory flies in the…