Showing 1 to 10 of 10 results
High Interest Rates Cripple Russia's Corporate Sector
Prolonged high interest rates in Russia are pushing nearly a quarter of companies toward financial distress, exceeding the impacts of both the 2020 pandemic and the 2022 economic shocks, according to a Kremlin-linked think tank.
High Interest Rates Cripple Russia's Corporate Sector
Prolonged high interest rates in Russia are pushing nearly a quarter of companies toward financial distress, exceeding the impacts of both the 2020 pandemic and the 2022 economic shocks, according to a Kremlin-linked think tank.
Progress
24% Bias Score
Telus to Reacquire Telus Digital for US\$400 Million Amidst Share Price Plunge
Telus Inc. proposed a US\$400 million-plus deal to buy back its technology outsourcing affiliate, Telus Digital, whose share price plummeted since its 2021 IPO, aiming to improve its financial standing and facilitate future spin-offs of other business units.
Telus to Reacquire Telus Digital for US\$400 Million Amidst Share Price Plunge
Telus Inc. proposed a US\$400 million-plus deal to buy back its technology outsourcing affiliate, Telus Digital, whose share price plummeted since its 2021 IPO, aiming to improve its financial standing and facilitate future spin-offs of other business units.
Progress
40% Bias Score
Spanish Accounting Moratorium Offers Lifeline to Pandemic-Rescued Businesses
The Spanish government's accounting moratorium aids pandemic-rescued businesses like Air Nostrum and Duro Felguera, granting them until 2027 to recover from losses despite facing increased loan costs from Sepi and Cofides, which have increased interest rates for participating loans after three years...
Spanish Accounting Moratorium Offers Lifeline to Pandemic-Rescued Businesses
The Spanish government's accounting moratorium aids pandemic-rescued businesses like Air Nostrum and Duro Felguera, granting them until 2027 to recover from losses despite facing increased loan costs from Sepi and Cofides, which have increased interest rates for participating loans after three years...
Progress
40% Bias Score
High Court Approves £3 Billion Bailout for Thames Water
A High Court judge approved a £3 billion rescue loan for Thames Water, England's largest water company, preventing its collapse and ensuring continued service to 16 million customers, despite concerns raised about the deal's terms and lack of government oversight.
High Court Approves £3 Billion Bailout for Thames Water
A High Court judge approved a £3 billion rescue loan for Thames Water, England's largest water company, preventing its collapse and ensuring continued service to 16 million customers, despite concerns raised about the deal's terms and lack of government oversight.
Progress
44% Bias Score
Russia Faces Looming Corporate Bankruptcy Crisis
Russia faces a potential surge in corporate bankruptcies due to the Central Bank's 21% interest rate hike in October 2024, impacting various sectors, including manufacturing, transport, and retail, resulting in a potential $51 billion loss and 7.5 trillion rubles in bonds due in 2025.
Russia Faces Looming Corporate Bankruptcy Crisis
Russia faces a potential surge in corporate bankruptcies due to the Central Bank's 21% interest rate hike in October 2024, impacting various sectors, including manufacturing, transport, and retail, resulting in a potential $51 billion loss and 7.5 trillion rubles in bonds due in 2025.
Progress
36% Bias Score
Thames Water Reports £1.65 Billion Loss, Faces Potential Government Takeover
Britain's Thames Water, serving 16 million customers, reported a £1.65 billion pretax loss for the year ending March 31, 2024, due to £16.8 billion debt, increased sewage leaks (up 34% to 470 cases), and regulatory penalties; its ownership structure is under parliamentary scrutiny, with potential go...
Thames Water Reports £1.65 Billion Loss, Faces Potential Government Takeover
Britain's Thames Water, serving 16 million customers, reported a £1.65 billion pretax loss for the year ending March 31, 2024, due to £16.8 billion debt, increased sewage leaks (up 34% to 470 cases), and regulatory penalties; its ownership structure is under parliamentary scrutiny, with potential go...
Progress
52% Bias Score
Trump's Trade War: Increased Default Rates and Shifting Capital Markets
Trump's April 2nd trade war declaration triggered a global sell-off, impacting corporate debt markets with higher default rates (Goldman Sachs predicts 4% for European and 5% for US lower-rated companies in 12 months) and increased borrowing costs, while shifting investor preference towards Euro-den...
Trump's Trade War: Increased Default Rates and Shifting Capital Markets
Trump's April 2nd trade war declaration triggered a global sell-off, impacting corporate debt markets with higher default rates (Goldman Sachs predicts 4% for European and 5% for US lower-rated companies in 12 months) and increased borrowing costs, while shifting investor preference towards Euro-den...
Progress
56% Bias Score
Whyalla Steelworks' \$1.34 Billion Debt Crisis
Whyalla steelworks, owned by Sanjeev Gupta's GFG Alliance, entered voluntary administration with \$1.34 billion in debt, impacting 4000 workers and the town of Whyalla, prompting a \$2.4 billion government rescue package.
Whyalla Steelworks' \$1.34 Billion Debt Crisis
Whyalla steelworks, owned by Sanjeev Gupta's GFG Alliance, entered voluntary administration with \$1.34 billion in debt, impacting 4000 workers and the town of Whyalla, prompting a \$2.4 billion government rescue package.
Progress
40% Bias Score
Star Entertainment Faces Imminent Financial Collapse
Star Entertainment, an Australian casino operator, is critically short of cash, with only ten days of funds left due to a $35 million monthly burn rate, and faces potential administration due to $430 million in debt and ongoing legal costs, despite holding assets valued at $800 million.
Star Entertainment Faces Imminent Financial Collapse
Star Entertainment, an Australian casino operator, is critically short of cash, with only ten days of funds left due to a $35 million monthly burn rate, and faces potential administration due to $430 million in debt and ongoing legal costs, despite holding assets valued at $800 million.
Progress
76% Bias Score
Central Bank Policies Exacerbate Inequality and Fuel Systemic Risk
Global central banks' low-interest rate policies, while inflating asset prices, disproportionately benefited the wealthy and fueled corporate debt, creating a self-reinforcing cycle of stock buybacks and executive bonuses, without generating substantial economic growth.
Central Bank Policies Exacerbate Inequality and Fuel Systemic Risk
Global central banks' low-interest rate policies, while inflating asset prices, disproportionately benefited the wealthy and fueled corporate debt, creating a self-reinforcing cycle of stock buybacks and executive bonuses, without generating substantial economic growth.
Progress
48% Bias Score
Showing 1 to 10 of 10 results