A restatement could cause further breaches of Thames Water’s debt covenants, strict terms that mean the utility has to abide ...

River Island plans to close 33 shops in the UK in a move which puts hundreds of jobs at risk. The clothing retailer said more ...

This report calls for a radical shift toward debt transparency as critical to debt sustainability, urging legislative reforms ...

A liquor company owned by billionaire businessman Humphrey Kariuki has been placed under administration by its directors, nearly six years after a raid by the Kenya Revenue Authority (KRA) crippled ...

Ghana, others in the Global South to benefitBy Kizito CUDJOEThe Vatican has announced the launch of a high-level Commission of Experts to address the mounting sovereign debt crisis affecting Ghana and ...

The agreement blocks Mashinsky from receiving any recovery in the Celsius bankruptcy, allowing for more funds to be ...

I N ONE OF his final acts of global engagement, Pope Francis convened a Jubilee Commission of experts—including ourselves and ...

A South Korean court approved on Friday grocery retailer Homeplus's plan to sell the struggling company, in a move that the ...

The Treasury reported that R10.8 billion (2.6%) of the total debt was written off as bad debt, reflecting municipalities' ...

Attorney fees can be a bit of a wild card when you’re filing for bankruptcy. While some attorneys charge a flat rate for ...

Imagine this scenario: Jamie learned his 72-year-old mother had racked up $150,000 in credit card debt. The revelation came ...