Last month, 13 economists, including IMF chief economist Gita Gopinath and former RBI governor Raghuram Rajan, praised Indias bankruptcy law while charting an economic strategy for the country heading for general elections later this year. Their policy advice for the financial sector covered reviving projects when bank balance sheets are cleaned up, improving governance in…
Organic food retailer About Life has fallen into voluntary administration after a series of legal disputes with suppliers over the last 18 months. The independent grocer is understood to have closed all of its eight stores recently and on Wednesday morning had shut down various social media accounts and sections of its website. It is…
NEW YORK, Dec. 31, 2018 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, P.C. reminds investors that it is investigating potential claims on behalf of stockholders of Yangtze River Port and Logistics Limited (NASDAQ: YRIV), Net 1 UEPS Technologies, Inc. (NSADAQ: UEPS), and Belden Inc. (NYSE: BDC). Additional information about each potential action can be found…
Henderson Constable Earl Mitchell was under extreme financial pressure. It was 2015, and Clark County officials had taken control of Mitchells office revenues. The elected lawman had a six-figure IRS debt and liked gambling, upscale restaurants and bars. His solution, according to prosecutors, was to overstate the costs of his deputies salaries, expenses and income…
Its Christmas time, and the period immediately after, that is a cause of concern for many when it comes to spending and paying back amounts owed. According to a recent study produced by Moneysupermarket.com, anxiety over debts remains high in the UK, with over half of us believing it will take three years or more…
On Dec 31, we issued an updated research report on United Technologies Corporation (UTX – Free Report) . This Zacks Rank #3 (Hold) stock is poised to grow on the back of ongoing portfolio restructuring moves and stronger end-market sales. However, rising costs are a major concern. Lets delve into the aspects that are influencing…
Tis the season to contemplate New Years resolutions. With 44.5 million student loan borrowers in the U.S. owing a total of $1.5 trillion, student loans are certain to be a factor in most financial wellness resolutions. Not only are more people in debt, but people are deeper in debt because of higher education. Average debt…