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Statistics Netherlands (CBS) reports that, adjusted for court days, 253 businesses (including sole proprietorships) were declared bankrupt in October, CBS.nl reported. That was 75 fewer than in the same month in 2024, a decrease of 23 percent. The number of bankruptcies fell by 8 percent in October, relative to September. The bankruptcy rate, the number of bankruptcies per 100 thousand businesses, was 6.8 in October 2025. In October 2024, 9.0 per 100 thousand businesses were declared bankrupt. Since the start of the series in 2015, the bankruptcy rate peaked at 24.8 in March 2015.
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A proposed $3-million settlement has been reached against several former “directors and officers” at Laurentian University for the “alleged misuse and depletion” of the university’s retiree health benefit funds, leading to their cancellation during Laurentian’s insolvency, Sudbury.com reported. The directors and officers in question include several former presidents and senior administrators at Laurentian, including several who weren’t even around during Laurentian’s 2021-2022 insolvency restructuring, as well as some former board of governors members.
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Senegalese bonds plunged to fresh record lows, placing the West African nation into debt-distress territory, according to a measure widely considered to be the threshold that locks countries out of global capital markets, Bloomberg News reported. The sovereign risk premium on Senegal’s bonds over US Treasuries widened to 1 077 basis points on Wednesday — the highest on record, according to JPMorgan Chase & Co. data. That places the country among other African issuers whose debt is trading at or near 1 000 — seen as a marker of distress.
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A top Australian central banker said on Wednesday that there was increasing debate about whether the current cash rate of 3.6% is restrictive enough to keep inflation in check, adding that the question is critical for the policy outlook. In an interview with Reuters in Sydney, Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser said the current judgment that monetary policy is mildly restrictive is central to the expectations that inflation would still slow in the economy.
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Consumer-price growth in India hit a fresh low in October, continuing a trend of declines that has underpinned hopes for interest-rate cuts by the central bank, the Wall Street Journal reported. Inflation cooled more sharply than expected, as food prices contracted and the effects of tax cuts filtered through across sectors. The consumer-price index rose just 0.25% in October—the lowest reading since the data series began in 2012.
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Europe's existing crypto rules already contain safeguards against risks posed by stablecoins, the region's banking supervisor told Reuters, after the European Central Bank warned that the tokens could threaten financial stability. The ECB and the European Systemic Risk Board (ESRB) have urged Brussels to ban the “multi-issuance” model, where global stablecoin firms treat tokens they issue in the EU as interchangeable with those outside the bloc.
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Andrew Bailey has claimed that money-printing by the Bank of England has saved the Government as much as £125 billion, the Telegraph reported. The Bank’s Governor said new analysis showed the policy of creating money to buy bonds during crises aided the public finances over the past 15 years by pushing down borrowing costs. Between 2009 and 2022 the Bank bought bonds totalling £895bn under a policy known as quantitative easing (QE), which aimed to relieve pressure on debt markets. “The fiscal savings from lower government debt issuance costs as a result of QE ...
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Brazil's central bank is preparing to advance tighter regulation of the financial system to curb a rise in cyberattacks, the bank's supervision director, Ailton Aquino, said on Wednesday, Reuters reported. This year, 68 incidents have been reported through October, including 37 cases of fraud, he said at a press conference in Sao Paulo. That represents the highest number since the central bank began tracking such data in 2018 and is already above the 59 cases recorded in all of last year, according to the bank's Financial Stability Report released earlier in the day.
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The Eurogroup — the meeting of finance ministers from eurozone countries — today will discuss whether the Italian government's use of discretionary or "golden" powers to block UniCredit's acquisition of a competitor was justified, EuroNews.com reported. Italy’s golden power is a national security filter for deals in strategic assets such as defence or energy and functions like a veto. The government is allowed to intervene directly in the market and stop deals that it believes are not beneficial to the country.
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Chinese companies in the European Union say business conditions in the bloc have deteriorated for a sixth consecutive year, with rising labour costs and political challenges pressuring their operations, according to a survey published on Wednesday, Reuters reported. The survey for the China Chamber of Commerce to the EU of 200 Chinese companies and organisations said that the bloc's performance in research, talent, digitalisation and market access represented obstacles.
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