A smartphone screen displays the Yum! Brands logo alongside the logos of its subsidiaries, including KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill. (Adobe Stock Photo)
October 01, 2025 03:12 PM GMT+03:00
Yum! Brands, the U.S.-based owner of KFC, Pizza Hut, and Taco Bell, has been left with ₺1 billion ($24 million) in unpaid debt after its former Turkish partner, Is Gida, went bankrupt, according to the Turkish media.
A Turkish commercial court ordered the liquidation of Is Gida this week after…
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Revealed: Australia’s top liquidators amid record company collapses Gold Coast Bulletin
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New office should not be ‘rehab centre’ for bureaucrats: economists
Shakhawat Hossain
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For many households, the financial stress has been mounting over the last couple of years. Between today’s high short-term borrowing costs, record-high credit card balances and the rising cost of living, many borrowers feel like they’ve hit a wall in terms of the flexibility in their budgets. And, as the debt issues mount, filing for bankruptcy can feel like the only path forward, as it offers a way to wipe the…
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Liverpool and England legend John Barnes has been officially declared bankrupt after amassing debts in excess of £1.5 million.
The bankruptcy order was issued last week, marking a new low in the financial struggles of the former winger, once celebrated as one of the most gifted players of his generation.
Barnes, 61, had already faced financial scrutiny in recent years. In 2023, he was handed a three-and-a-half-year ban from serving as a company director, following the collapse of his business, John Barnes Media Limited.
A liquidators’ progress report published in July revealed the scale of the liabilities left behind.
She made the move – Erling Haaland reveals how he met his girlfriend…
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BRASILIA/SAO PAULO – Brazil’s Mines and Energy Ministry has asked the federal government for a capital injection into Eletronuclear to prevent the company’s imminent insolvency, adding to the long-running financial strain of the unfinished Angra 3 nuclear plant in Rio de Janeiro.
In a letter dated Monday and seen by Reuters, Minister Alexandre Silveira told the Finance, Planning and Management ministries that planned investments to maintain Angra 3 equipment and facilities were entirely cut from the 2026 budget.
Silveira warned that the situation “severely” compromises state-run nuclear power generator Eletronuclear’s ability to maintain Angra 3, service debt with banks BNDES and Caixa Economica Federal, and make payments to an…
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