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Headlines
German Court Rejects Shareholders' Bid for More of Wirecard Insolvency Spoils
A German high court rejected a claim from shareholders in defunct payments company Wirecard who were seeking a bigger share of the firm's remaining assets, Reuters reported. The company collapsed in 2022 in the country's biggest…
Canadian Consumer Insolvencies Hit Post-2009 High as Debt Stress Builds
Canada’s latest insolvency data shows household financial strain continuing to climb, WealthProfessional.ca reported. New figures from the Office of the Superintendent of Bankruptcy report a 4.8% year-over-year increase in…
IMF Says Senegal Has Sovereign Decision over Restructuring Debt
The International Monetary Fund said it is assessing the viability of Senegal's financing strategy as it looks to finalize an agreement on reforms to underpin a new program, an IMF official said on Thursday, Reuters reported. A…