Many big companies are interested in buying this company. Some of the well-known names in the race include Vedanta, Jindal Power, and PNC Infratech.

Adani Group may soon buy another company and this time, the group has…

WASHINGTON – Northwest Republicans helped the House pass President Donald Trump’s signature tax-and-spending legislation on Thursday, as nearly all GOP lawmakers backed the massive bill even as many of them said they disliked parts of it.

Rep. Dan Newhouse of central Washington and Rep. Russ Fulcher, who represents North Idaho, were among the Republican holdouts who delayed a key procedural vote until the early hours of Thursday morning. But despite voicing concerns about the bill a day earlier, the congressmen joined all but two of their GOP colleagues to pass the bill in the afternoon, narrowly overcoming universal opposition from Democrats. Had just two more of the House’s 220 Republicans opposed the bill,…

Insolvencies in Australia are expected to keep rising throughout 2025, as financial pressures deepen and become more entrenched across several key sectors, according to a new report from one of Australia’s biggest law firms.

Editor’s note: This story first appeared on Accounting Times’ sister brand, Lawyers Weekly.

Following record-breaking highs in insolvency rates in 2024, a recent report from national law firm Clayton Utz forecasts that Australia’s insolvency levels are expected to continue rising in 2025.

In its annual From Red to Black report, the national law firm attributes this ongoing trend to deepening and prolonged financial stress across several key…

Crippling debt is growing by the day for drought-stricken South Australian farms with local councils pleading for state government intervention in the form of rate relief.

Despite recent rains, the past three years of poor rain have seen farmers continue to borrow to cover their overheads.

After 90 per cent of his crops failed last year, Appila farmer Andrew Zanker, in South Australia’s Mid North, said he was reliant on loans to pay bills.

“Everything that we pay [for bills] at the moment increases our debt month by month,” he said.

By the end of the year, Mr Zanker expects he will be overdrawn by hundreds of thousands of dollars.

Councils seek rate relief

Dean Johnson, Kimba mayor and president of the Eyre Peninsula…

Kate Moss‘ Cosmoss has officially filed to close all its operations. The skin care and wellness business, launched by the 51-year-old British supermodel in 2022, entered into liquidation proceedings on June 24, according to the company filing.

According to the filing, Cosmoss owed about $3 million to its creditors; the majority of which was owed to Moss’ personal talent agency, Kate Moss Agency. The company last submitted its financial records to Companies House in 2023. Moss is the majority shareholder of Cosmoss, followed by a boutique brand incubator…

BANGKOK, Thailand – Krungthai Bank has launched “Khun Soo Rao Chuay” or “You Strive We Support Phase 2,” a debt relief program responding to government policy on household debt. The initiative adjusts conditions and adds new measures to assist vulnerable retail and Small and Medium-sized Enterprise (SME) customers who have not yet defaulted on loans, aiming to prevent them from accumulating bad debt.

Suripong Tantiyanon, Chief Retail Banking Officer at Krungthai Bank, announced that the program is designed to help customers maintain stability and retain essential assets. The program…

(InvestigateTV) — Getting a call from a debt collector can feel overwhelming—and intimidating. But consumer advocates say the worst thing you can do is panic or pay right away. Before taking action, it’s important to validate the debt and understand your legal rights.

Leslie Tayne, a veteran debt relief attorney, said one of the most common mistakes people make is avoiding debt collection calls altogether.

“Don’t be afraid to say, who are you? Where are you calling from and what is the purpose of the call?” Tayne advised. “If you’re still unsure whether they’re asking you for personal information to verify certain details, you can ask them for a phone number. You can look them up yourself online. Do a little independent…

EUROCASTLE INVESTMENT LIMITED

                                       FOR IMMEDIATE RELEASE

Contact:        

Oak Fund Services (Guernsey) Limited

Company Administrator

Attn: Nicole Barnes

Tel: +44 1481 723450        

Eurocastle Releases First Quarter 2025 Interim Management Statement and Announces Release of €4.6…

The U.S. labor market remains stubbornly tight despite mixed signals in hiring, while federal debt balloons to record levels—setting the stage for an inflationary reckoning. Under MAGA-fed policies, the interplay of rising debt, artificially low interest rates, and structural wage pressures creates a perfect storm for investors. Here’s why inflation-protected securities (TIPS) are now critical to preserving purchasing power, while traditional Treasuries risk becoming inflation’s sacrificial lamb.

Labor Market Tightness Fuels Silent Inflation Risks

The latest Job Openings and Labor Turnover Survey (JOLTS) reveals a labor market stuck in gridlock. Job openings surged to 7.77 million in May 2025, a six-month high, with hiring rates…