Bankrupt gunmaker Remington Outdoor will split up its business and sell the pieces to seven different buyers following a bankruptcy auction, court records show. The biggest sale will go to Minnesota-based Vista Outdoor, which said it will pay $81.4 million for Remingtons brand and trademarks along with parts of its ammo and accessories business including…
DetailsThe banking industry has to walk the tightrope of balancing relief with financial responsibility. Where private investors are unwilling to step in, governments are filling the void. Structured correctly, pension funds and other long-term investors might be the patient capital required to support local community businesses. The fallout from COVID-19 continues to challenge and disrupt…
DetailsQ: It feels like Ive been in debt forever. Even while I was married and we both earned enough to pay our bills, it seemed like no matter how much we paid, debt was the silent partner in our marriage. Now that Im on my own again and have been surviving on pandemic pay since…
DetailsThe Monetary Authority of Singapore is in talks with lenders about extending the nations debt moratorium program beyond Dec. 31 to provide extra relief for borrowers hit by the fallout from the COVID-19 pandemic, people with knowledge of the matter said. One of the key measures being discussed is the possibility of lengthening the debt…
DetailsSINGAPORE (BLOOMBERG) – The Monetary Authority of Singapore (MAS) is in talks with lenders about extending the Republic’s debt moratorium programme beyond Dec 31 to provide extra relief toborrowers hit by the fallout from the coronavirus pandemic, according to people with knowledge of the matter. One of the key measures being discussed by the MAS…
DetailsIain McGregor/Stuff Jonny Collett, pictured working as a painter and decorator in 2009, remains in business after his company collapsed. Tradespeople left thousands of dollars out of pocket by a construction company collapse are angry its owner remains in business under another name. Christchurch builder Jonny Collett put his company, J.E. Collett Builders Ltd, into…
DetailsQ: It feels like Ive been in debt forever. Even while I was married and we both earned enough to pay our bills, it seemed like no matter how much we paid, debt was the silent partner in our marriage. Now that Im on my own again and have been surviving on pandemic pay since…
DetailsSteve Ramsey gets his feet repaired at The Hawthorns At the peak of his addiction, Steve Ramsey was placing 500 bets on football a day. “It was the in-play betting that did me over,” he says, shortly after leaving Wolverhampton Wanderers’ Molineux ground on a 130-mile walk this week to highlight football’s relationship with gambling.…
DetailsAs businesses continue to be affected by the new normal, many are expected to restructure their debts after the moratorium ends on Sept 30 by NUR HANANI AZMAN / pic by RAZAK GHAZALI MORE corporates are expected to descend into defaults as the business disruption brought about by the Covid-19 pandemic continuing to unfold resulting…
Details(Bloomberg) — Singapores central bank is in talks with lenders about extending the nations debt moratorium program beyond Dec. 31 to provide extra relief for borrowers hit by the fallout from the coronavirus pandemic, according to people with knowledge of the matter. One of the key measures being discussed by the Monetary Authority of Singapore…
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