While some Americans are still recovering from holiday festivities, many others may have lingering effects of spending regrets. Overall U.S. retail sales increased 7.6% year-over-year between Nov. 1 and Dec. 24, according to thelatest Mastercard SpendingPulse survey. For many consumers, the amount of debt they took on to pay for holiday purchases grew as well.…
DetailsCodema’s bankruptcy will be wound up as if only one company were insolvent. The trustee has been given permission to do so, according to a new bankruptcy report. There are actually several company branches, but they are strongly acquired. Since the publication of the second bankruptcy report, a total of 358 unsecured creditors have come…
DetailsThe sensor and data company 30MHz in Amsterdam, the Netherlands, was declared bankrupt on January 2. There are 22 people on the payroll at the company, which was established in 2014, the appointed curator Angelina Bakker informs. On Tuesday, January 3, she had a meeting with the company’s management and was optimistic about a restart,…
DetailsThe gambling branding has been branded as honey traps that end up luring young supporters. The latest criticism is triggered by the news that at least eight teams in professional soccer are going to team up with betting brands to launch Home Shops on-site of stadiums. NGOs Call Betting-Sports Partnerships Honey Traps Sheffield, the first…
DetailsGaruda Indonesia plans to maximise business performance momentum following its exit from restructuring, tapping into opportunities in the cargo and religious pilgrimage markets. The airline, which completed restructuring at the end of 2022, is also targeting to operate 66 aircraft this year, in addition to another six aircraft it already owns. It is a slight…
DetailsRegulatory scrutiny forced Hangzhou-based Ant Group to abruptly suspend its massive IPO plans in 2020. Vcg | Visual China Group | Getty Images BEIJING Ant Group’s consumer finance unit has received approval to more than double its registered capital, a sign of progress in resolving regulators’ concerns. Since the abrupt suspension of its massive IPO…
DetailsTwo-time champion Boris Becker will again work for German Eurosport during the Australian Open, just weeks after leaving prison. Network owner Warner Bros Discovery confirmed on Tuesday the 55-year-old would commentate the top match of the day at the first tennis grand slam of the season and analyse other fixtures. He will not travel to…
Details(Bloomberg) — Mexicos Finance Ministry expects Petroleos Mexicanos to pay debt coming due in the first quarter without government help, according to people with knowledge of the situation. Most Read from Bloomberg After providing the oil company with financial support in recent years, the Finance Ministry now wants Pemex to foot the bill itself unless…
DetailsThe 30-year-old FTX founder, formerly worth an estimated $26bn, could face a sentence of up to 115 years in US prison. In the United States, the former cryptocurrency magnate Sam Bankman-Fried has pleaded not guilty to charges of fraud, denying allegations that he cheated investors out of billions of dollars. On Tuesday, lawyers for the…
DetailsKATIE Price has brushed off her upcoming bankruptcy hearing date with a brand new hair extension line. The reality star and business mogul has teamed up with Unique Hair extensions and revealed her new business venture, showing off the first of what she promises to be many new looks. 4 Katie Price has launched a…
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