The number of individuals applying for insolvency jumped to the highest level in almost three years in the first three months of 2017, in a further sign of the mounting financial pressure facing UK households. Personal insolvencies in England and Wales totalled 24,531 between January and March, up 6.7% on the previous quarter and 15.7%…
Details11:48 28/04/2017 MOSCOW, April 28 (RAPSI) The Moscow Commercial Court has granted a claim filed by VTB24 bank seeking bankruptcy of Lazar Markus, the husband of former Vneshprombank president Larisa Markus who stands charged with embezzlement, RAPSI learnt in the court on Friday. Lazar Markus has earlier become a guarantee under a facility agreement between…
DetailsPublished April 28 at 3:58 pm A woman passes by the National Bank of Ukraine on Dec. 7. Photo by Volodymyr Petrov Popular on social media The National Bank of Ukraine on April 27 decided to revoke the banking license and liquidate PJSC Finbank at the suggestion of the Individuals Deposit Guarantee Fund, the regulator…
DetailsIn Q4 2016 1,796 PSCs entered CVL following changes to claimable expense rules with a total of 16,502 companies entering insolvency in 2016. The total number of company insolvencies has decreased by 26.1% with 3,967 companies entering insolvency in Q1 2017 compared to 5,564 in Q4 2016. These 3,967 companies were made up of 2,693…
Details11:48 28/04/2017 MOSCOW, April 28 (RAPSI) The Moscow Commercial Court has granted a claim filed by VTB24 bank seeking bankruptcy of Lazar Markus, the husband of former Vneshprombank president Larisa Markus who stands charged with embezzlement, RAPSI learnt in the court on Friday. Lazar Markus has earlier become a guarantee under a facility agreement between…
DetailsFamily First’s Lucy Gichuhi has been confirmed by the High Court as the Senate replacement for Bob Day. Bob Day was a former Family First senator. BUSINESSMAN and former Family First Senator Bob Day is officially bankrupt. The former director of failed national building company Home Australia, which collapsed with debts of almost $40 million,…
DetailsA year after announcing a massive company restructuring program, Intel CEO Brian Krzanich said the company is “reaching milestones in transforming from a PC company to one that powers the cloud and billions of connected devices.” “We’re off to a good start in executing against our priorities,” said Krzanich during an earnings call Thursday for…
DetailsLeading economists have expressed unease about a budget change that would allow the government to all but eliminate the deficit within two years while borrowing to help build projects including a rail link to Sydney’s second airport and a rail line from Melbourne to Brisbane. The change, unveiled by Treasurer Scott Morrison on Thursday, will prioritise a…
DetailsDiploma Groups main construction arm may have been insolvent for at least 11 months before the builder-developers $60 million collapse, according to administrators. Accounting firm Grant Thornton is recommending Diplomas creditors vote to liquidate the group and two subsidiaries instead of backing a rescue plan of controlling shareholders the Di Latte family. Diploma was put…
DetailsA year after announcing a massive company restructuring program, Intel CEO Brian Krzanich said the company is “reaching milestones in transforming from a PC company to one that powers the cloud and billions of connected devices.” “We’re off to a good start in executing against our priorities,” said Krzanich during an earnings call Thursday for…
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