COVID-19 has taken out another Australian retailer, with fashion designer Alice McCall going into voluntary administration. The announcement, confirmed today by the designer’s spokeswoman, could signal the closure of some or all of the retailer’s 14 stores. For now, all stores and Ms McCall’s online business will continue to trade. Designer Alice McCall in her…
A 33-year-old man from Visakhapatnam took his own life after incurring huge debts in online gambling, according to his parents. The deceased was identified as M Sateesh, a resident of Kothapet in Gopalapatnam mandal. He was working as a fitter with the Naval Dockyard in Vizag. Though Sateesh died on Saturday, the incident came to…
Victims of the Federal Government’s controversial Robodebt system are welcoming a settlement that includes $112 million in compensation. Key points: The Federal Government made a late settlement before the trial began The class action’s lead plaintiff, Katherine Prygodicz, said the settlement was a “relief” The deal now needs the approval of the Federal Court A…
A teller counts and arranges dollar notes at a bank in Huaibei, Anhui province. [Photo/Sipa] China will continue to support the Group of 20’s debt treatment framework for low-income countries, helping them ease potential solvency risks and promote post-pandemic economic recovery, Finance Minister Liu Kun said in a recent statement. The message showed the Chinese…