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Headlines

Wednesday, October 16 2024

ASIC: Australian Insolvencies Jump 43 Percent in September Quarter

The corporate regulator has released the Australian insolvency statistics for the period up to 29 September 2024, with the latest statistics indicating there was a 43 per cent increase in total insolvencies in the first three…

Wednesday, October 16 2024

Northvolt Reports Progress on Rescue Talks After ‘Intense’ Work

Sweden’s struggling battery maker Northvolt AB said it’s making progress in talks on a rescue package and is ready to meet its payroll obligations later in the month, Bloomberg News reported. The cash-strapped electric-vehicle…

Wednesday, October 16 2024

Warning U.K. Council Faces Bankruptcy over SEND Budget

A local authority will run out of money before the end of the year without government help, its finance chief has said. Bournemouth, Christchurch and Poole (BCP) Council will have to make cuts and savings of more than 10% of its…