According to recent research, Australia has some of the highest levels of personal debt in the world. While other countries have seen their debt levels decrease or plateau since the 2008 Global financial crisis, Australias debt levels have increased. Whether that be student loans, personal loans, mortgages, credit cards or other types of debt, its…
Subject: Intimation of the Third Meeting of Committee of Creditors(COC) of Punj Lloyd Limited under Regulation 30(2) read with Clause (g) of Para A of Part A of Schedule III of Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to Regulation 30 (2) of Securities and Exchange…
In a bid to scale up its business, the New York-headquartered blockchain company is restructuring its various operations. ConsenSys has consolidated its three wings ConsenSys Ventures, its Tachyon accelerator, and the ConsenSys Labs into a single investment arm, it stated ina May 6 released press release. Discover Barcelona Trading Conference A Top Tier Crypto Trading…
Macau has done a lot to try to clean up the city and remove illegal loan sharks. However, to think that the activity will be completely eliminated is nave and unrealistic. There will always be those that lurk in the shadows, ready to prey on others. Sometimes, these encounters have deadly consequences and this was…
Add to favorites Uniquely positioned to take advantage of the market potential Sungard AS has emerged from its bankruptcy restructuring, with debtors having taken an $800 million haircut and the recovery service specialist provided with $100 million of new liquidity by its creditors and a new CEO. The data infrastructure and disaster recovery companysannouncementthat it…
Your wedding day is a big moment in your life, but it can have an even bigger impact on your financial future. Even if you start with a conservative budget, its easy to find yourself incurring debt to afford the wedding day of your dreams. In fact, according to The Wedding Report Inc., the average…
AUSTIN, Texas, May 06, 2019 (GLOBE NEWSWIRE) — Jones Energy, Inc. (OTC Pink: JONEQ) (Jones Energy or the Company) today announced that the United States Bankruptcy Court for the Southern District of Texas, Houston Division (the Court), confirmed the prepackaged Joint Chapter 11 Plan of Reorganization of Jones Energy, Inc. and its Debtor Affiliates (the…
A casino player was found beaten to death at a guest house in Macau. The investigators have confirmed that it all happened over unpaid gambling debts and the perpetrators were loan sharks. The victim, aged 40, was confined in a guest house by three loan sharks after he had allegedly…
One of the leading car manufacturers, PSA Group, has chosen Turkey as its pilot country for restructuring. The French automaker has recently merged its Peugeot, Citroen, DS and Opel brands under a single roof for the first time in Turkey. The operation, which started in September 2018, was completed on April 1, 2019, with Opel…
The groups reported net profit came to $3.1 billion while cash earnings came to $3.2 billion, down 22 per cent from the prior corresponding period. Excluding the major remediation costs of $617 million and wealth restructuring expenses of $136 million, cash earnings were down 5 per cent. The banks statutory net profit was down 24…