The bankruptcy of the US car parts supplier First Brands is also causing difficulties for UBS. A subsidiary has invested massively and is losing 350 to 500 million investment funds.

The Environment and Energy Agency intends to file a claim against Play’s bankruptcy estate.
mbl.is/Eggert Jóhannesson

The Environment and Energy Agency of Iceland will impose an administrative fine on the bankruptcy estate of Play for unpaid carbon taxes, also known as emission allowances.

The fine amounts to approximately 2.3 billion ISK, stemming from the airline’s failure to pay around one billion ISK in carbon taxes before declaring bankruptcy.

The agency will also file a claim against Play’s bankruptcy estate for the cost of the unpaid emission allowances. This will be done even though Play was supposed to settle its emissions obligations within the…

The Environment and Energy Agency intends to file a claim against Play’s bankruptcy estate.
mbl.is/Eggert Jóhannesson

The Environment and Energy Agency of Iceland will impose an administrative fine on the bankruptcy estate of Play for unpaid carbon taxes, also known as emission allowances.

The fine amounts to approximately 2.3 billion ISK, stemming from the airline’s failure to pay around one billion ISK in carbon taxes before declaring bankruptcy.

The agency will also file a claim against Play’s bankruptcy estate for the cost of the unpaid emission allowances. This will be done even though Play was supposed to settle its emissions obligations within the…

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An announcement from Nanofilm Technologies International Ltd. ( (SG:MZH) ) is now available.

Nanofilm Technologies International Ltd. has announced the voluntary liquidation of its subsidiary, Nanofilm Technologies Europe B.V., as part of its strategy to streamline its corporate structure and cut down on compliance and maintenance costs in Europe. This move is not expected to significantly impact the company’s financial performance for the year ending December 2025, and no directors have any direct or indirect interest in the liquidation…

MANILA – A total of 1,071 agrarian reform beneficiaries (ARBs) from across Nueva Ecija are set to receive their own land titles, debt condonation certificates, and financial assistance from the Department of Agrarian Reform (DAR) at the Talavera National High School Gym on Friday.

In a news release Thursday, the DAR said the initiative is part of the Marcos administration’s continuing effort to empower farmers while strengthening its agrarian reform program.

The DAR said the event’s highlight would be the awarding of 1,056…

Amid global economic volatility, regulatory certainty and resilience are essential to attract investment and build successful enterprises. The Insolvency and Bankruptcy Code, 2016 (IBC) has made India a desirable investment destination. True to its objectives, the IBC is now a vital legislation, balancing creditor rights with debtor revival.

The IBC empowers financial creditors, domestic and international, and imposes credit discipline. In total, the IBC has resolved more than 1,194 cases, with creditors realising INR3.89 trillion (USD44.4 billion). The Ministry of Corporate Affairs estimates this to be more than 170% of liquidation values. According to the Reserve Bank of India’s June 2025 Financial Stability Report,…

The plea, filed by Dinkar Venkatasubramanian, the airline’s liquidator, alleges that the MRO firm continues to hold back the components citing unpaid dues. While some of the assets belong to the airline, others belong to its lessors.

After a brief hearing on Thursday, the Delhi NCLT issued a notice to Air Works and sought its response to the plea.

“Let notice be issued to the respondents for filing their response and appearance. Notice be issued by all means and proof of service be filed. List the matter on 20 November,” the tribunal directed.

During the hearing, Diwakar Maheshwari, counsel for the liquidator, asked the…

Mr. Ekniti Nitithanprapas, Deputy Prime Minister and Minister of Finance, spoke at the Thailand Annual Economic Symposium “The Future Direction of Thailand 2025” on 8 October 2025.

In summary, Mr. Ekniti confirmed that within the next four months, the current government’s Ministry of Finance will roll out continuous economic stimulus measures every week, starting with the “Khon La Khrueng Plus” project as the first package, directly aiming to boost private and public consumption.

The Deputy Prime Minister further stated that the following measures will focus on promoting tourism in secondary cities and increasing government spending nationwide, supporting seminars in both main and secondary cities and facilitating loans for…

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Facebook App: Open links in External Browser

There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser.

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NCLT observed Jerai Fitness was restricted from distributing any products under the trademark which were not specifically pre-approved.

Bollywood actor Salman Khan on Wednesday withdrew his insolvency appeal before the National Company Law Appellate…