Perth construction company collapses leaving behind millions of dollars worth of debt – Daily Mail

Liquidation

By Zak Wheeler For Daily Mail Australia Published: 12:06 AEDT, 6 December 2023 | Updated: 12:12 AEDT, 6 December 2023 A construction company operating under almost half a dozen different names has entered into liquidation after racking up millions of dollars in unpaid debts.  Si… Read the full article at: https://www.dailymail.co.uk/news/article-12829839/Simsai-Construction-collapses-Perth-construction-liquidation.html

P&G Will Take Up to $2.5 Billion in Charges for Restructuring, Gillette Impairment – Investopedia

Restructuring

Key Takeaways Procter & Gamble Co. (P&G) will take up to $2.5 billion in charges for a restructuring along with an impairment related to its Gillette business. The consumer products company said the restructuring would take place primarily in certain of its enterprise markets, including Argentina and Nigeria. Procter & Gamble warned that while the…

COP28 Finance Day: Record climate funding, debt relief and calls for collaboration – ESG Clarity

Debt Help

Finance is a great enabler of climate action, said UN climate change executive secretary Simon Stiell as he kicked off Finance Day, which included a series of pledges for the Green Climate Fund, commitments from international banks and support for debt relief for vulnerable countries. Heres ESG Claritys round-up of the key announcements: Green Climate Fund…

Moody's cuts China credit outlook to negative on rising debt – The Australian Financial Review

Debt Help

Bloomberg News Dec 6, 2023 2.13am Moodys Investors Service cut its outlook for Chinese sovereign bonds to negative, underscoring deepening global concerns about the level of debt in the worlds second-largest economy. Moodys lowered its outlook to negative from stable while retaining a long-term rating of A1 on the nations sovereign bonds, according to a…