Harvey and Irma havent been the only recent hurricanes to hit the United States. A political storm erupted in Washington as a Republican President cut a deal with Democrats in Congress to extend the US government debt limit for three months. Yet this combination of events may help stabilise a US dollar that has been…
The Murdoch family-controlled 21st Century Fox has intervened in a Supreme Court battle for control of Network Ten as America’s CBS seeks to buy the failed free-to-air network. Billionaire Network Ten backer Bruce Gordon is seeking a court declaration that Ten’s administrators failed to give creditors adequate information about a joint bid by his company…
Tough new laws will be introduced in a bid to crack down on dodgy company directors and their advisers. Key points: Company directors will be given unique ID numbers in a bid to stop “phoenixing” The Directors Identification Numbers (DINs) will allow authorities to track activities through various government databases Suspected phoenixers could also…
Media playback is unsupported on your device Media caption‘Students are vulnerable to gambling’ Some students have run up gambling debts of £10,000 or more, a Gambling Commission director has told the Victoria Derbyshire programme. Ben Haden said his organisation was concerned about the impact gambling was having on undergraduates. Former student Matt Zarb-Cousin told the…
Heres what the McGowan Government should have done to drag this State out of crippling debt and deficit with a sense of purpose and certainty. Forget the tinkering at the edges and the faux tough love we saw last week in the Budget, with a payroll tax increase of up to one percentage point and…
Andrew Bell, SC, for Mr Gordon’s Birketu and Ten’s regional affiliate, WIN Corporation – which is majority owned by Mr Gordon – rejected claims Birketu was a “disappointed underbidder”. Birketu was a “disappointed overbidder” and the administrators should put its proposal to creditors for a vote, Dr Bell told the court on Tuesday. He said…
Students helping to take a bite out of medical debt (WEAR) Just one catastrophic illness can leave a family in financial ruins. A couple of bold and savvy teenagers are drawing attention for their efforts to wipe away some of that burden. “I was on YouTube and I was watching a video on John…
One second-grade student wanted to help erase school lunch debt for her fellow students, so she decided to create lemonade stands to raise funds. Amiah Van Hill was inspired to raise funds to help pay off her classmates’ lunch debt back in May after reading about Jeffery Lew. The father of three crowd-funded to cover…
Government proposes measures as it cracks down on ‘low quality’ institutions. Ministers want to ensure better value for money in the higher education sector Growing frustration that low quality universities are charging top rate of fees University funding system under spotlight after Labour’s tuition fees pledge By Sarah Harris for the Daily Mail Published: 07:02…
Written by Sunny Verma | New Delhi | Published:September 12, 2017 1:50 am The Court also asked the interim resolution professional (IRP) in the case to take over its management and work out a plan to protect the interests of homebuyers and creditors. Illustration: C R Sasikumar The initiation of insolvency process in the case…