Debt woes ‘weigh heavily’ on young people, survey finds By Chris Johnston Business reporter 30 August 2016 From the section Business Image copyright Reuters More than a third of young people have debts of almost £3,000 and experience significant concerns about money. A survey of 2,042 people aged 18 to 24 conducted for the Money…
DetailsNEW DELHI: RBI today said everything is not hunky-dory about public sector banks‘ retail lending and underlined the need for improving credit appraisal and monitoring. “If you look at the credit growth you do see that there is more growth in private sector as opposed to the public sector banks and then you have problem…
DetailsThe Communist Party of India (Marxist)-led Left Democratic Front (LDF) government’s move to review the previous government’s phased prohibition policy in Kerala has not created big ripples across political circles in the state. Barring Kerala Pradesh Congress Committee (KPCC) president VM Sudheeran, who incidentally imposed the policy on the United Democratic Front (UDF) government by…
DetailsAbengoa SA plans to resume work in the next few months on Latin Americas first solar-thermal plant, as the Spanish renewable energy company comes back from the brink of bankruptcy, people with knowledge of the matter said. Work on the $1 billion Atacama I project in northern Chile, a joint venture between Abengoa and private equity firm…
DetailsDieudonne M’bala M’bala leaving a Paris courthouse, Feb. 4, 2015 Aurelien Meunier/Getty Images (JTA) — It kills me to say this, but I may owe a Yom Kippur apology to Dieudonne Mbala Mbala. My extensive reporting about this French comedian of Cameroonian descent consistently portrayed him as a fanatical, vulgar and racist provocateur whose acts…
DetailsNavigating Uncertainty: Loaded cargo ships docked at the Port of Long Beach. Photo by Courtesy Photo Hanjin Shippings creditors have moved up their meeting to consider whether the cargo carriers restructuring plan is enough to prevent the company from facing bankruptcy and court receivership. According to The Korea Times, the…
DetailsWe all want to live a comfortable retirement but for some, the dream of doing so may seem distant, with research now showing that one in four Australians do not own their own home outright in retirement. The study from The Australian Centre for Financial Studies shows that about 15 per cent of retirees are renting…
DetailsCameron Burnell Cramar Investments Ltd, the company which owns the Awakino Hotel, is the subject of liquidation proceedings in the High Court. Unpaid taxes totalling more than $70,000 could result in the liquidation of a company which owns a North Taranaki pub. Court documents show the Inland Revenue Department (IRD) applied to the High Court for…
DetailsONE Nation WA Senator Rod Culleton has hit back at his critics in the face of mounting legal challenges and manoeuvres aimed at forcing his exit from federal parliament. Mr Culleton spoke to Fairfax Agricultural Media as news broke yesterday that former associate Bruce Bell had lodged a new petition in the High Court seeking…
DetailsWW Investors, LLC, an entity controlled by activist investors Michael Ashner and Steve Witkoff, called for the ouster of the NY REIT board ahead of a vote on a liquidation plan for the company. Ashner and Witkoff, who included themselves in a proposed roster of replacement board members, expressed concern that the companys leaders may…
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