indebted

The average consumer in South Africa is in a desperate and highly indebted position, which is significantly denting their intent to purchase either a new or used vehicle plus other products. This was one of the major themes to emerge from…

Breadcrumb Trail Links PMN Business Canadians’ ability to adjust to higher rates could be instructive for other countries. Author of the article: Bloomberg News Ari Altstedter Published Mar 06, 2023  •  6 minute…

Cineworld is considering a major capital restructuring to save the highly-indebted cinema chain, as it warned of sluggish ticket sales owing to a lack of blockbuster movies. The world’s second-largest cinema company told shareholders…

Trading in Petropavlovsk shares has been suspended after the debt-laden Russian gold producer said it would file for administration in London’s High Court.The London-listed miner was plunged into crisis earlier this year after the UK…

Breadcrumb Trail Links PMN Business Author of the article: Reuters Balazs Koranyi and Francesco Canepa Article content FRANKFURT — The European Central Bank’s biggest shareholder, Germany’s Bundesbank, laid out its…

Breadcrumb Trail Links PMN Business Author of the article: Reuters Balazs Koranyi and Francesco Canepa Publishing date: Jun 15, 2022  •  12 minutes ago  •  3 minute read  •  Join the conversation Article…

© Reuters. FILE PHOTO: The European Central Bank (ECB) logo in Frankfurt, Germany, January 23, 2020. REUTERS/Ralph Orlowski/File Photo By Balazs Koranyi and Francesco Canepa FRANKFURT/MILAN (Reuters) - The European Central Bank…

Five key African economies will face debt risks over the next two years, according to the continent’s biggest bank, as an era of extraordinary pandemic-induced stimulus and relief for poor nations draws to an end. “Debt sustainability now…

By ANI MUMBAI: Ahead of the premiere of 'The Family Man 2', actor Manoj Bajpayee thanked the whole cast and crew for working tirelessly amid the pandemic despite their personal losses and sufferings. The 'Aligarh'…