Debt

COLOMBO (Reuters) - Sri Lanka's government rejected a proposal from its international bondholders on Tuesday on restructuring the more than $12 billion the country owes to them. It means a near two-year spell in default will drag on for…

The World Bank Group has warned Kenya of the persistence of a high risk of debt distress following its recent costly partial Eurobond settlement. Kenya paid dearly to water down the sovereign default risk attached to the maturity of its…

Stonegate Pub Company, the UK’s leading pubs and bars group boasting a network of over 4,400 establishments including popular chains like Slug & Lettuce and Be At One, has issued a warning about its financial viability as it…

Sweeping across the shores of Latin America comes a scheme from some of the most predatory figures in the venture capital ecosystem of the United States. It is a brazen attempt to assert foreign influence across Latin America and threatens…

PARIS--(BUSINESS WIRE)--Regulatory News: Claranova (Paris:CLA) announces having been forced to postpone publication of its Half-Year Financial Report 2023-2024 in order to include information on the renegotiation of its "OCEANE" debt. As…

After the Securities and Exchange Commission (SEC) was sanctioned earlier this month, with orders to pay the legal costs of DEBT Box, the Commodity Futures Trading Commission (CFTC) is now defending itself against one such motion brought by…

If you’re one of the Americans carrying a portion of the $1.08 trillion in U.S. credit card balances, or the 8% who are delinquent, a way out could mean the difference between a lifetime of financial struggle and a fresh start.  That’s…

LAS VEGAS, NV, March 28, 2024 (GLOBE NEWSWIRE) -- PSYC Corporation (OTCPink: PSYC) (PSYC or the Company), announces the appointment of Daniel Jaros as Interim CEO and Director, marking a strategic shift towards the online gaming industry.…

(Reuters) -Electric-vehicle startup Fisker (NYSE:) said on Wednesday it was cutting the prices of its 2023 electric Ocean SUV model, signaling an attempt by the cash-strapped firm to drum up demand and ease concerns regarding its uncertain…

As the looming deadline for £190 million in debt owed by Kemble Water, the parent company of Thames Water, approaches, a consortium of lenders has taken proactive steps by engaging the services of EY, a leading accountancy firm, to…