Liquidations on track to surpass 2024 total as business failures accelerate
“Post the GFC there was a clear general decline in terms of insolvency appointments, and that dropped even…
Warning signs of financial instability rattle policymakers ahead of IMF jamboree – POLITICO
A growing body of academic literature has found extensive links between non-bank financial institutions (NBFIs) — a category…
German coalition agrees on urgent measures to revive economy – POLITICO
“The economy is under pressure, and everything we decided yesterday reflects this pressure,” Bärbel Bas, the SPD’s labor…
Government should sell its stakes in the power companies and let the market sort out dry-year solution – Richard Prebble
Electricity should be one of New Zealand’s competitive advantages. Most of our power already comes from renewable sources:…
European businesses barely use AI. Brussels wants to fix that. – POLITICO
Most are small steps. For example, the EU plans to support a farmer-focused app store to allow farmers…
Real estate agent, husband and companies fined nearly $1m for flouting foreign buyer ban
The couple admitted wrongdoing and have been ordered to sell the properties that were acquired without consent. In…
Don’t abandon forest law over IT problem, Ribera urges Commission – POLITICO
“I think that it is very controversial to give it up,” Ribera said. “The intention behind this regulation…
Brussels accused of sacrificing forests in crusade to save EU industry – POLITICO
Then, just hours later, lawmakers voted to reject a separate law designed to monitor forests’ health and resilience…
Ten reasons why Auckland food business Bake & Beans failed, liquidator seeks buyer
“The combined effect caused the company to have negative cashflow issues which meant that it could not sustain…
EU plans to delay anti-deforestation rules, again – POLITICO
The regulation was originally scheduled to apply from Dec. 30 2024, before the Commission proposed delaying it to…
EU readies for time out on enforcing AI rules – POLITICO
But companies are awaiting technical standards that they have not yet received. Industry lobby groups and EU countries…
Wattie’s financial filings reveal three years of losses and a $210m writedown
The company said it was buying fewer Hawke’s Bay peaches as demand for New Zealand-grown canned peaches was…