GroupM, which has recently come up against business headwinds, is about to undergo some serious restructuring, or as parent WPP puts it, simplifying the offer. To get an idea at the motivation, look at WPPs already announced merger of Wunderman Thompson and VMLY&R to create the worlds largest creative group, VML. The move will bring…
DetailsAIMAN AMERUL MUNER/Stuff Kitchens Direct, on King St in Timaru, has been put into liquidation. A long-running Timaru kitchen business has been placed into liquidation, along with three other companies linked to it, but the man behind them says creditors and customers will be looked after. Kitchens Direct (NZ) Ltd, which traded as Kitchens Direct,…
DetailsPresident Joe Biden delivers remarks on new efforts to cancel student loan debt at the White House on Oct. 4, 2023. Kevin Dietsch | Getty Images President Joe Biden’s plans to cancel up to $400 billion in student debt for tens of millions of Americans were foiled over the summer at the Supreme Court. Still,…
DetailsOctober 29, 2023 5.00am Real Money, a free weekly newsletter giving expert tips on how to save, invest and make the most of your money, is sent every Sunday. Youre reading an excerpt sign up to get the whole newsletter in your inbox. In life, and in finance, we often encounter things that are both…
DetailsSINGAPORE Debt and financial woes have always weighed Mr Wandy, 48, down. His family used to owe about $1,500 in utility arrears, and his wife had to borrow small sums of money from family and friends to help them get by. But by the end of October, he would have cleared his utility arrears, with…
DetailsOctober 29, 2023 5.00am October 29, 2023 5.00am Normal text sizeLarger text sizeVery large text size Real Money, a free weekly newsletter giving expert tips on how to save, invest and make the most of your money, is sent every Sunday. Youre reading an excerpt sign up to get the whole newsletter in your inbox.…
DetailsArticle content An Alberta woman forced into bankruptcy after taking out loans to help her alleged boyfriend fight a bogus impaired driving charge wept in court as she recounted his betrayal. Anthony Renella-Dugas was sentenced to 21 days in jail Oct. 24 after pleading guilty to a charge of fraud over $5,000. The 30-year-old was…
DetailsWith the recent downgrades issued to several banks by Moodys and S&P in August, as well as the recent banking turmoil which occurred earlier this year, and the flurry of assignment activity in the market, lenders and borrowers alike have become increasingly focused on deposit accounts. In a typical subscription credit agreement (each, an SCF),…
DetailsThe general contractor for the Lorraine Street transitional housing complex in Sudbury declared bankruptcy earlier this month, leaving the project in limbo. Work continued on site until Oct. 13, a city spokesperson confirmed to Sudbury.com, noting the second-floor installation was completed, weather-proofed, cleaned and secured. Sudbury.com visited the site on Oct. 26, and found a…
DetailsEarlier this year, lawmakers in India pushed forward a significant change in the taxation for online gambling. At the time, the regulatory body in charge of recommendations to the implementation of the Goods and Services Tax (GST), the Goods and Service Tax Council, greenlighted a proposal for the introduction of a 28% tax applicable for…
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