If youre worrying about debt this summer, you are not alone. We owe a staggering £200billion on credit cards, loans and overdrafts the highest level since the financial crisis in 2008. The average household owes over £7,000 in unsecured debt when you add in mortgages, it shoots up to over £57,000. Alarm bells are beginning…
T he medical profession seems caught in a Catch-22: The growing cost of medical education is generating crushing levels of debt. This debt, in turn, is contributing to a doctor shortage and discouraging students from filling our growing needs for primary care physicians serving in poor, rural, and other underserved areas. There is hope, however,…
Debt repayment is a tough task for a lot of Americans that is why National Debt Relief shared some valuable strategies to look into. The article titled “Debt Repayment Strategies for Struggling Families” released August 2, 2017 aims to help consumers especially struggling families with tips to pay down their debt. Saint Paul, MN (PRWEB)…
National Australia Bank’s mortgage rate hikes have helped the lender lift third- quarter cash profit five per cent to $1.7 billion. NAB on Friday said revenue for the three months to June 30 rose two per cent, helped by a higher net interest margin resulting from loan repricing and what it said were more favourable…
Radio listeners got quite the insight today when Prime Minister Malcolm Turnbull was grilled in an interview with Bianca, Terry and Bob on 97.3FM. The Netflix company logo at Netflix headquarters in Los Gatos, California. Picture: AFP/Ryan Anson OVER the past few years, Netflix has seemed pretty unstoppable. With hit original series like House of…
August 10th, 2017 Sam Chambers Offshore 0 comments Struggling Australian outfit MMA Offshore has hired consultants from Deloitte as it battles a depleted balance sheet, according to The Australian newspaper. MMA Offshore has been forced to sell numerous assets including up to 19 OSVs and in March it offloaded two supply bases, in Dampier and Broome,…
On Wednesday, a Senate committee reported on the governments proposed changes to higher education. Though more moderate than the 2014 version, the new higher education package represents groundhog day for the major political parties. The committee, chaired as it was by the Coalition, recommended passing the measures, stating that they will: balance the Commonwealths need…
Two technicians adjust a robot at a high-tech enterprise in Chongqing. CHEN SHICHUANG / FOR CHINA DAILY Official rules out coercion but says troubled firms will be persuaded to consider the alternative option China will stick to market-based principles while promoting debt-to-equity swaps to tackle debt problems of companies, an official of the nation’s top…
The worlds largest generic drug maker, Teva Pharmaceutical Industries Ltd. (NYSE: TEVA), is looking to sell its Medis business branch in order to help cut debts. After a poor second quarter results, which resulted in shares plummeting the past week, Teva is preparing to cut its debts down. Teva acquired Medis last year in a…
JSPL Pins Hopes on Better Earnings to Pare Debt by Q4Naveen Jindals flagship company JSPL is pinning its hopes on improvement in earnings in its steel and power businesses to pare its Rs 46,000-crore debt burden by the fourth quarter of this year. We have put a single-minded focus on restructuring our debt. We expect…