There are a lot of differences between refinancing and consolidating debt. This is what you need to knowShutterstock When it comes time to make a change to the structure of your business debt, you have a few options available to you as a small business owner. Each aims to make your debt less of a…
DetailsA German-based investment fund will take over high-profile yacht builders Bavaria. A private equity fund advised by the Berlin-based investment company CMP Capital Management-Partners will acquire the entire business of Bavaria Yachtbau, the German-based builder of motorboats, sailboats and catamarans, and continue operations of the company. It will also acquire all shares in its French…
DetailsBALTIMORE, Sept. 20, 2018 /PRNewswire/ — Under Armour, Inc. (NYSE: UA, UAA) today announced an update to its 2018 restructuring plan based on an organizational and process redesign intended to optimize the company’s strategic growth initiatives and overall business performance. Previously, the company expected to incur total estimated pre-tax restructuring and related charges of approximately $190…
DetailsThe industry body, which is made up of Turkeys biggest banks, has agreed to a set of guidelines that were made public on Thursday but are dated September 11. The plan is to help stave off mass default in the country and enable the commercial loan debtors which … Please take a trial or subscribe…
DetailsGateley Plc, the legal business of law-led professional services group Gateley, is bringing together a group of heavyweight speakers and thought leaders to explore how businesses need to build resilience in order to survive and be successful in an increasingly uncertain world. The conference will be delivered in partnership with TheBusinessDesk .com and the Confederation…
DetailsDear Dave, My husband started his own one-man, small business as a handyman a little less than a year ago. He has netted $17,000 in that time, but the business has about $13,000 worth of debt. Weve always kept personal finances and business separate, but what would you think about us selling one of our…
DetailsIn June, the US Federal Reserve raised the cash rate for the seventh time since 2015. No sooner had it announced the news, than the market immediately factored in another two rate rises before Christmas. Usually, a series of rate increases like this happens as an economy is growing apace. That is, when the economy…
DetailsThe recent hearings into the suitability of Judge Brett Kavanaugh to serve on the Supreme Court of the United States have raised many important questions. Kavanaugh faces serious scrutiny regarding allegations of sexual assault, as has been widely reported. We look today though at his views toward sports betting integrity. Prior to the assault allegations, Kavanaughs…
DetailsNEW DELHI: The Supreme Court on Wednesday vowed to plug loopholes in the working of Insolvency and Bankruptcy Code (IBC) proceedings, which came to the fore during the ongoing intense fight between ArcelorMittal and Numetal to disqualify each other from bidding to revive debtridden Ruias-led Essar Steel. A bench of Justices R F Nariman and…
DetailsAdvertisement Campaign Against Impunity (CAI), a civil society group has called on regulators in the oil, gas, and maritime sectors, to wade into the forced liquidation of Sea Trucks Group (STG), an indigenous company, by some expatriates. The group made the call in a series of letters addressed to the Nigerian National Petroleum Corporation (NNPC),…
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