Corporate insolvencies reach highest level since 2016

875 corporate insolvencies were recorded last year – the highest number since 2016. New figures from Deloitte show that SMEs continue to be the worst affected. The services sector recorded the highest number of insolvencies, followed by hospitality and retail. There was a significant increase in the retail and hospitality sectors, up 64% and 48%.…

Amplify ETFs to Liquidate the Amplify U.S. Alternative

CHICAGO, Jan. 08, 2025 (GLOBE NEWSWIRE) — Amplify ETFs, a leading provider of exchange traded funds, today announced the scheduled liquidation of the Amplify U.S. Alternative Harvest ETF (NYSE Arca: MJUS) (the “Fund”). Based on the recommendation of Amplify Investments LLC, the Fund’s investment adviser, the Board of Trustees of the Amplify ETF Trust unanimously…