I am Emirati, work in the government sector in Dubai and have outstanding debts of Dh350,000. This is made up of two loans, a personal loan of Dh300,000 and a car loan of Dh50,000. I dont have any credit cards. I took out the personal loan to start building my house but then the contractors…
DetailsWorld of Furniture closed its doors here at the end of last month Only 12 customers at a failed Northern Ireland furniture company have come forward so far to tell the Official Receiver they are owed money, the Belfast Telegraph can reveal. It’s understood investigations into World of Furniture, which include attempts to establish the…
DetailsYET ANOTHER fashion retailer is in financial strife, with the maker of Herringbone and Rhodes & Beckett announcing it has gone into voluntary administration. The collapse of the labels has thrown the jobs of 140 employees across 29 retail stores throughout Australia under a cloud. It comes less than a week after Marcs and David…
DetailsLotte Group is to close three retail stores near Beijing in the first concrete example of South Korean business hit by fallout from Seouls plan to deploy a US-made missile shield. The retailer, South Koreas fifth-largest conglomerate, faced a series of regulatory investigations into its operations in China in December after it struck a deal…
DetailsDasha Kuprienko / Fairfax NZ The biggest indoor dry slope terrain park and the only one in New Zealand is in liquidation. An indoor ski field terrain park in Queenstown is in liquidation, three months after opening. PowderPak Parks is said to be the world’s largest indoor dry slope terrain park. The company opened its doors in…
DetailsFashion clothing brands Herringbone and Rhodes & Beckett have gone into voluntary administration, joining a growing list of retailers seeing customer support fade. They have 29 stores with 140 employees. Insolvency group Cor Cordis has been appointed administrator. They follow fashion labels Marcs and David Lawrence which last week went into voluntary administration, citing deteriorating…
DetailsEurope 06:16 07.02.2017Get short URL MOSCOW (Sputnik) Greece may require additional debt relief despite harsh austerity policy and Europe’s help, the policies to restore growth will have to be carried out, the International Monetary Fund (IMF) said Tuesday in a statement. “Most Directors [of the IMF Executive Board] considered that, despite Greeces enormous sacrifices and European partners generous support, further…
DetailsIt all started when I began receiving calls from a debt collector, which I initially ignored. I knew I had no debt and that any request for personal details from a stranger was cause for suspicion. But after some time I gave in to the harassment my curiosity got the better of me, and by…
DetailsYevgeny Kazmin, a co-owner of Ukraine’s KVV Group, which owns Latvia’s insolvent steel company KVV Liepajas Metalurgs, has filed a lawsuit against Latvia with the International Centre for Settlement of Investment Disputes (ICSID), information on the center’s official website suggests LETA. Ukraine’s KVV Group warned already last year that it is going to complain about…
DetailsA Wisconsin daily fantasy sports (DFS) will soon make its way back to the state capital in Madison should a lawmaker stay true to his word. At just 31 years old, Wisconsin State Rep. Tyler Vorpagel might be better inclined than his legislative seniors at understanding the need to regulate daily fantasy sports. (Image: Wisconsin…
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