Teneo, the global CEO advisory firm, today announced a major expansion of its fast-growing global business with an agreement to acquire PwC’s Australian Business Restructuring Services unit.

The transaction further extends Teneo’s market-leading presence across Asia-Pacific, providing its Financial Advisory business with a strong foothold in the Australian market. The team will offer a wide range of financial advisory services in the region, including deep expertise in local and international restructuring and insolvency situations.

Through the transaction, approximately 80 members of PwC’s Australian Business Restructuring Services team will join Teneo, including Stephen Longley who has led the team for the last four years and will…

Op-Ed: The Debt Dilemma
By JC Bowman
Executive Director of Professional Educators of Tennessee

We must have a candid conversation about a delightful little subject that has somehow managed to become the elephant in the room: debt. Yes, that nagging little shadow that follows us everywhere, whispering sweet nothings about how we can have it all—until the bill comes.
 
In recent years, we have seen our society stumble into a financial funhouse filled with sports gambling debt, credit card debt, medical debt, student loan debt, and probably even that mysterious debt you incurred for that inflatable bounce house you just had to have. The total U.S. household debt recently hit a whopping $18.39 trillion. That’s trillion with a…

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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. This can be done through the following steps:

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The latest announcement is out from Meyer Burger Technology ( (CH:MBTN) ).

Meyer Burger Technology is undergoing a debt restructuring moratorium due to unsuccessful attempts to find an investor or sell parts of the company. The company faces insolvency proceedings in Germany and the USA, resulting in significant layoffs. The competitive environment and uncertainties in renewable energy promotion have contributed to the company’s financial difficulties.

The most recent analyst rating on (CH:MBTN) stock is a Hold with a CHF7.50 price target. To…

Op-Ed: The Debt Dilemma
By JC Bowman
Executive Director of Professional Educators of Tennessee

We must have a candid conversation about a delightful little subject that has somehow managed to become the elephant in the room: debt. Yes, that nagging little shadow that follows us everywhere, whispering sweet nothings about how we can have it all—until the bill comes.
 
In recent years, we have seen our society stumble into a financial funhouse filled with sports gambling debt, credit card debt, medical debt, student loan debt, and probably even that mysterious debt you incurred for that inflatable bounce house you just had to have. The total U.S. household debt recently hit a whopping $18.39 trillion. That’s trillion…

The U.S. culinary scene in the 1960s, ’70s, and ’80s was host to a range of steakhouse chains that presented an opportunity for Americans to experience everything from an affordable family night out to a fancy date night, promising menus with mouth-watering steak and shrimp cocktail. From lower-end chains like Sizzler and Ponderosa, to tony white tablecloth steakhouses such as Ruth’s Chris and Smith & Wollensky, diners were ready and willing to drop some cash for a good steak dinner. At the height of this zeitgeist, there were steakhouse chains that were popular in malls, and themed steak restaurants like Victoria Station.

Not quite inexpensive, but not of fine-dining status, Victoria Station was a middle child in this community of…

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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. This can be done through the following steps:

1. Open the settings menu by clicking the hamburger menu in the top right

2….

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Onome Amuge

The African Development Bank Group (AfDB) has approved a $25 million equity investment in The Currency Exchange Fund (TCX), a specialist institution that offers local currency hedging in emerging and frontier markets, in a move designed to curb foreign-exchange exposure that has long undermined Africa’s debt sustainability.

The investment, announced recently, signals the AfDB’s determination to strengthen the continent’s financial resilience at a time when governments and businesses are still dealing with the fallout of external shocks, including volatile commodity prices, tightening global monetary conditions and exchange rate instability.

TCX, founded in 2007 and backed by a consortium of…

Germany sees highest corporate bankruptcy rate in a decade: report

The risk of insolvencies remains high for the rest of 2025 as Germany, which has been in recession for the past two years, is not expected to make a significant recovery, a new report says.