Insolvency Advisory Accountants Media Centre

Stay informed with the latest in insolvency news and industry updates. We can keep you up to date with insolvency and finance information from around the world.
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Wall Street is winning big from a rebound in a grim business – Business Insider
Energy companies are feeling the pinch. Wall Street is getting ready to gorge. A precipitous decline in commodity prices, including
GLOBAL AGENDA: ‘Time’ is up – Jerusalem Post Israel News
"The United States of Insolvency is the graphic title of a sprawling article in Time magazines April 25 issue.
Schaeuble Sees No Greece Debt Relief as Long as Debt Sustainable – Bloomberg
German Finance Minister Wolfgang Schaeuble said Greece doesnt need debt relief now and wont require an easing of its debt
Ericsson announces corporate restructuring, refreshed management team with a focus on cloud, IT – FierceTelecom
Ericsson (NASDAQ: ERIC) announced a corporate restructuring that includes business units dedicated to the IT and cloud sectors, news that
Intel Restructuring: Why This Elephant Can’t Dance – Fox Business
When Intel announced quarterly earnings and plans to layoff 12,000 workers earlier this week, it set off a chorus of
Children’s party business The Play Station placed in liquidation – ChronicleLive
A popular childrens party business in Newcastle has been placed in liquidation. The Play Station Gosforth shut its doors suddenly
UPDATE 3-Two Thai banks cut more rates to help small businesses, retail customers – Reuters
* Kasikorn to cut two additional rates by 25 bps* Follows cuts to another rate by nation's top four lenders*
Record output by China’s steel sector has derailed the country’s restructuring plan – Business Insider Australia
Despite a huge global glut that led to defaults, closures, and enormous operating losses for producers, Chinese steel prices have
Mapp seeks Senate’s help to pay some of hospitals’ debt to WAPA – Virgin Islands Daily News
Gov. Kenneth Mapp wants the Legislature today to designate $8 million from a recent court settlement to help reduce the
Time for Debt Reduction in Greece – Project Syndicate
WASHINGTON, DC Once again, Greece is at an inflection point. With its cash balances severely stressed, it seems unlikely to
Clive Palmer’s Queensland Nickel creditors vote to liquidate debt-laden company – ABC Online
Creditors of Clive Palmer's Queensland Nickel have voted to liquidate the company, a fortnight after administrators made the recommendation
Scottish business failures up 10 per cent year-on-year, finds KPMG – Herald Scotland
NEW corporate insolvency statistics from accountancy firm KPMG show a marked increase in the number of businesses failing in Scotland