Tag: finance

The regional craft brewery files for Chapter 11 bankruptcy blaming a city pipe replacement project outside one of its locations for disrupting its business…

It has been a bleak period for well-known brands and more bankruptcies are expected, according to one key financial monitor…

A longer lead time for Fed interest-rate cuts has stocks treading water again Wednesday, with a renewed focus on the health of the regional banking sector…

© Reuters. FILE PHOTO: A worker pushing a trolley walks with pedestrians past the Reserve Bank of Australia (RBA) head office in central Sydney, Australia, March 7, 2017. REUTERS/David Gray/File Photo SYDNEY (Reuters) -Australia’s central bank held interest rates steady on Tuesday as expected, but cautioned that a further increase could not be ruled out…

© Reuters. FILE PHOTO: Srettha Thavisin, Prime Minister of Thailand, speaks at the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S., November 15, 2023. REUTERS/Carlos Barria/File Photo BANGKOK (Reuters) – Thailand’s Prime Minister Srettha Thavisin on Tuesday again called on the central bank to cut interest rates, saying a 25 basis-point rate…

© Reuters. FILE PHOTO: Bank Indonesia’s logo is seen at Bank Indonesia headquarters in Jakarta, Indonesia, September 2, 2020. REUTERS/Ajeng Dinar Ulfiana/File Photo PADALARANG, Indonesia (Reuters) -Indonesia’s central bank has room to lower interest rates this year to lift economic growth, but is waiting for the rupiah to strengthen against the dollar, Governor Perry Warjiyo…

After its abrupt shutdown, the company has filed an assignment for the benefit of creditors, or ABC, an alternative to a Chapter 11 or 7 bankruptcy…

© Reuters. Turkish Central Bank Governor Hafize Gaye Erkan is pictured in Ankara, Turkey July 6, 2023. Turkish Central Bank/Handout via REUTERS/File Photo By Burcu Karakas and Jonathan Spicer ISTANBUL (Reuters) -Turkey’s central bank governor Hafize Gaye Erkan resigned on Friday, citing a need to protect her family amid a “reputation assassination”, and she was…

© Reuters. FILE PHOTO: A man walks past a closed branch of the New York Community Bank in New York City, U.S., January 31, 2024. REUTERS/Mike Segar/File Photo   MTB -4.61% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount:…

© Reuters. FILE PHOTO: A sign in the financial district in Toronto, Ontario, Canada December 13, 2021. REUTERS/Carlos Osorio/File Photo By Promit Mukherjee OTTAWA (Reuters) – Thousands of Canadian small businesses face the risk of bankruptcy after the government ended pandemic-era support last month with the economy slowing at a time of high interest rates.…