THOUSAND OAKS, Calif., Oct. 2, 2017 /PRNewswire/ — The new and Innovative LoanGifting SaaS Fin Tech solution was created to help overcome the estimated $1.5 trillion student loan debt epidemic. As per the Federal Reserve Bank of New York, the average default rate on student loan debt is 11.2 percent. More specifically, it is estimated that…
Lately, it seems that a day doesnt go by without another gloomy forecast about the retail sector. At the moment, anticipated price hikes are making the headlines, with Brexit, higher inflation, an unstable pound and business rates all being cited as contributing factors. Consumer confidence is another regular theme. The Scottish Retail Consortium recently called…
Collapse of Monarch, which served more than 40 destinations from five UK bases, follows insolvency filings at Alitalia SpA and Air Berlin Plc London: UK leisure carrier Monarch filed for insolvency in Britains biggest-ever airline collapse, leaving the government to arrange the return of 110,000 tourists and marking the third failure of a major European…
British budget carrier Monarch Airlines has declared bankruptcy and halted operations, leaving up to 110,000 passengers stranded abroad after all flights and vacations were canceled. What happened: The company entered administration on Monday, in what is being described as the U.K.s biggest-ever airline collapse, after struggling to keep going amid a p… Read the full…
LEWISVILLE, Texas, Oct. 2, 2017 /PRNewswire/ — Adeptus Health Inc.,(the “Company”), the largest operator of freestanding emergency rooms in the U.S., today announced that the Company has successfully completed its financial restructuring and emerged from Chapter 11. In accordance with the Plan of Reorganization, reorganized Adeptus Health, formerly owned by the Company is now owned by…
Asserting that resolution plans should balance interests of all stakeholders, IBBI chief M S Sahoo has said operationalising the individual insolvency framework as well as developing the market for interim finance are among the priorities for the regulator. In one year of existence, the Insolvency and Bankruptcy Board of India (IBBI) has already put in…
The Australian National University Za Kabuki Club has performed Japanese theatre in Canberra, around Australia and internationally for more than 40 years. It has described itself as the longest-running Kabuki group outside Japan and has been supported by the Embassy of Japan for more than two decades. About 30 of the 40 current members of…
The eagerly anticipated poll on whether Catalans want independence from Spain turned ugly yesterday with about 800 people injured. Chaotic scenes as ballot boxes were forcibly removed and voters prevented from going into polling stations. Spanish PM Mariano Rajoy continued insisting the operation was not legitimate and that today there was no referendum on self-determination…
6.57pm AEDT18:57 Spanish stock market falls after Catalonia chaos Over in Madrid, shares have fallen following yesterdays referendum in Catalonia, and the violent clashes between Spanish police and those trying to take part. Catalonian president Carles Puigdemont has indicated that the region could declare independence after Sundays poll, even though the vote had already been…
Dalian Wanda a fortnight ago began restructuring its business, which includes two $1 billion Australian apartment projects. Ratings agency Moody’s Investor Services has taken the knife to the massive China developer Dalian Wanda’s credit rating, cutting it to Ba1 amid concerns of the company’s weakened liquidity position. The agency said this was “due to inadequate…