Concerns are growing over Asda’s financial stability as the UK supermarket giant faces a £900 million repayment to its former owner, Walmart, by 2028. The repayment, which includes £500 million for Walmart’s remaining stake and £400 million in interest, has prompted credit rating agency Fitch to warn of a potential overhaul of Asda’s capital structure. […]
In a significant move to bridge the gap between elite sports and entrepreneurship, the International Olympic Committee (IOC) has partnered with Alibaba.com to launch the fourth edition of the Athlete365 Business Accelerator programme. The initiative aims to equip current and former Olympians with the skills and resources needed to transition into successful business ventures. The […]
In today’s rapidly evolving business landscape, the implementation of a knowledge management system can be a significant game-changer for organizations. By effectively capturing, managing, and sharing company knowledge, businesses can enhance productivity and foster innovation among their workforce. With the right tools and strategies in place, the execution of such systems promises countless improvements across […]
Larry Weltman is a Toronto-based expert specializing in commission advances, with close to two decades of experience supporting real estate professionals across Canada. Originally from South Africa, Larry relocated to Canada in 1986 after studying Accountancy. His career is defined by a commitment to helping realtors navigate financial challenges by offering tailored cash flow solutions […]
Borrowers’ expectations are rising as technology advances. Today’s loan seekers are in search of instant loan approvals, round-the-clock access to loan services, flexible terms on loans, and self-help portals that allows them track their loan status, and an overall painless loan lifecycle. To meet these customers’ rising demands, modern lenders are seeking better ways to […]
Article content (Bloomberg) — Prime Minister Justin Trudeau’s government will step up border enforcement in a “visible and muscular way,” according to a top Canadian official, as the nation tries to avoid tariffs from Donald Trump’s new administration. Article content At a dinner meeting at Trump’s Mar-a-Lago resort on Friday, “we got a mutual understanding […]
Article content (Bloomberg) — Electric bus manufacturer Lion Electric Co. is temporarily laying off about 400 workers and halting operations at its Illinois factory to save cash after receiving a short-term lifeline from its lenders. Article content The Saint-Jerome, Quebec-based company made the announcement after a Saturday deadline to meet its obligations to key creditors […]
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Dale Vince, the renewable energy entrepreneur and founder of Ecotricity, has publicly declared his interest in purchasing The Observer, should the ongoing negotiations with Tortoise Media fall through. Vince, known for his commitment to environmental causes and significant financial backing of the Labour Party, envisions holding the iconic Sunday newspaper in a trust to safeguard […]
This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: GlobeNewswire Published Dec 01, 2024 • 3 minute read Article content LONDON, […]