BUSINESS

KSV Restructuring Inc., in a report filed Friday, said some non-binding offers would enable the deeply indebted businesses to continue operating beyond the restructuring process. KSV’s report does not say how many bids were received by Thursday, the initial bidding deadline, and it doesn’t provide any details about who made the bids.
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1 year ago Read more at Winnipeg Free Press

Industry community says prices of import items and raw materials increased exorbitantly owing to gradual increase in policy rate by the central bank, consequently cost of doing business also increasing and inflation also jacked up. IAP president Ayub Zakori said the previous increase of policy rate to 22 percent struck a mortal blow to an already struggling business community.
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1 year ago Read more at Pakistan Today

The Dimapur Chamber of Commerce and Industry (DCCI) has put forward a charter of 5 demands. The DCCI has asked the state government to clarify if taxes imposed by Naga Political Groups are legal or illegal. Some of the key issues raised by DCCI in the charter of demands are- The State Government should immediately clarify whether taxation by NPGs is legal.
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1 year ago Read more at Northeast Live

Rwanda recorded a 39 percent growth in the number of customers taking up loans with commercial banks in 12 months to June 30, 2023. Disclosures by the National Bank of Rwanda (NBR) indicate that the number borrowers in banks grew considerably to 949,778 in June 2023 from 683,851 in June 20, 2022. those in microfinance institutions (MFIs) and the Savings and Credit Co-operative Societies (Saccos) declined by 15 percent to 306,186 from 3
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1 year ago Read more at The East African

Godfred Amewu spoke at the Maxwell Investment Group Business Forum in Accra. He commended initiatives like the MIG Business Forum for their efforts in raising awareness and assisting youth in making financially sound decisions.
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1 year ago Read more at Asaase Radio

TPS Eastern Africa posted a Sh870.87 million net profit for the financial year ended December 2023. The latest profit is a growth from Sh379.69 million posted in the previous year. TPS said its portfolio of 22 hotels, resorts, safari lodges, and camps within the Eastern Africa region regained its footing. Revenue from contracts with customers rose by 48 percent to Sh9.68 billion.
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1 year ago Read more at The East African

The United Auto Workers union reached a last-minute tentative agreement with truck and bus manufacturer Daimler Truck on Friday evening. It covers workers at various plants in North Carolina. The deal also includes the end wage tiers at the company, as well as cost-of-living adjustments.
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1 year ago Read more at ABC News

"Speak Now (Taylor's Version) was released in 2023. Swift was the only songwriter credited on the original 14-track album. The title track casts Swift as a rebel with a cause.
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1 year ago Read more at Business Insider

In Ludhiana, a fresh and exciting business idea has been turning heads for its innovative approach to pet grooming. The idea is simple yet effective: instead of pet owners having to go to a traditional grooming salon, the salon comes to them in a van. This eliminates the hassle of transportation and provides a more convenient option for busy pet owners.
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1 year ago Read more at News18

Businesses are distributing a petition to residents to restore parking and accessibility. The group reached out to a council member about the issue but was referred to City Manager Rachael Tabelski.
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1 year ago Read more at Video News Service