(Bloomberg) — African leaders called for wide-ranging debt relief and a flood of climate finance to help the continent boost its electricity generation from renewable sources almost sixfold by 2030. In a declaration signed by leaders at the inaugural Africa Climate Summit in the Kenyan capital, Nairobi, they called for the tenor of sovereign loans…
(Bloomberg) — African leaders called for wide-ranging debt relief and a flood of climate finance to help the continent boost its electricity generation from renewable sources almost sixfold by 2030. Most Read from Bloomberg In a declaration signed by leaders at the inaugural Africa Climate Summit in the Kenyan capital, Nairobi, they called for the…
Birmingham City Council is one of Europe’s largest local authorities BERTRAND LANGLOIS RECASTS throughout, ADDS quotes, background, statistics Local government bodies on Tuesday warned that more councils across the UK could declare themselves in financial dire straits, after the country’s second biggest city said it could not balance its books. Birmingham City Council in central…
Britain’s second-largest city has reportedly declared itself bankrupt and has shut down all non-essential spending after being issued with equal pay claims totaling up to 760 million ($956 million). According to a report by CNN, the deficit arose due to difficulties paying between around $816 million and around $954 million in equal pay claims. Birmingham…
Queenslanders are doing it among the toughest in Australia when it comes to staying afloat during a cost of living crisis. Personal insolvencies across Australia have spiked in the 2023 June quarter, according to new statistics released by the Australian Financial Security Authority (AFSA) with 2,705 new personal insolvencies in the three-month period up 17…
“We are thankful for the work and effort so many individuals have put into PSE over the years, but feel it is the right time for them to return home to separate organizations,” Sabres owner and president Terry Pegula said. “We feel that now is the right time to dissolve PSE and allow everyone to…
Nourish Foods Pty Ltd, the parent company of organic childrens food brand Whole Kids, has been placed in voluntary administration, just months after it failed to raise $1 million via crowdfunding. The 18-year-old B Corp-certified family business is now being put on the market by administrators Tim Heesh and Mark Everingham of TPH Advisory after…
Family-owned food company Nourish Foods, makers of Whole Kids, has entered into voluntary administration as it struggles to maintain working capital and keep the business afloat. The company launched a third equity crowdfunding campaign via Birchal in May, which was put on hold. Tim Heesh and Mark Everingham of TPH Advisory have been appointed voluntary…
Nourish Foods has entered voluntary administration after an investment deal with a major retailer collapsed. The healthy snack company had stalled its third equity raise to pursue the agreement. Nourish Foods co-founder and CEO Monica Meldrum. In a letter to investors, founder and CEO Monica Meldrum said, After 18 years of trading and leading the…