UK’s Ofcom Seeks Views on Inmarsat, SpaceX Licence Applications
Ofcom opened consultations seeking views on two applications relating to non-geostationary satellite system services from Inmarsat and SpaceX, according to a statement.
Rudolph Giuliani took his first step toward seeking the dismissal of a lawsuit that poses the question most critical to his bankruptcy.
The Diocese of Camden’s bankruptcy plan, which creates an $87.5 million trust for sex abuse survivors, will move forward despite insurers’ calls for a pause pending decisions in two related Supreme Court cases.
Some lenders to <-rte-company state="{"_id":"0000018f-1178-d583-afbf-d3fc14a80000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Franchise Group Inc.-rte-company> are seeking legal advice as $1.1 billion of debt maturities loom and the alleged business dealings of its former chief executive officer Brian Kahn in a fraud case have come to light.
In a conference room of the run-down headquarters of Brazilian retailer <-rte-company state="{"_id":"0000018f-160f-d583-afbf-d6df8ec10000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Americanas SA-rte-company>, <-bsp-person state="{"_id":"0000018f-160f-d583-afbf-d6df8ec10001","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Camille Loyo Faria-bsp-person> agrees that the office has seen better days.
Fashion retailer Ted Baker has put its Canadian operations into a form of bankruptcy in Toronto, according to Wednesday <-bsp-bb-link state="{"bbHref":"bbg://screens/BBLS%20DD%20X5FU170BAKI95HR865M1HQTFUG7","_id":"0000018f-1225-d583-afbf-d2fd04d80000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">court filings-bsp-bb-link>.
Ofcom opened consultations seeking views on two applications relating to non-geostationary satellite system services from Inmarsat and SpaceX, according to a statement.
In the latest effort to devise a credible national currency, Zimbabwe has replaced its dollar with the ZiG, short for Zimbabwe Gold. The new unit is backed by bullion and foreign currency reserves held at the central bank. All told, the ZiG is the country’s sixth attempt at establishing its own currency since 2008, when inflation crossed 500 billion percent, according to International Monetary Fund estimates. Not only did that render it worthless, it turned the unit into a global punchline: US Treasury secretaries would sometimes carrythe notes around in their wallets as a reminder of the evils of hyper-inflation.
Paul Weiss has been stymied in its effort to open a Houston office, as top equity partners at rival firms spurned recruitment efforts.
Investment infrastructure company EIG’s MidOcean has hired Yujiro Oba as its new London-based senior vice president for LNG business development, according to Oba.
Latin American development bank CAF will lend Ecuador $800m for liquidity support, the nation’s finance ministry said in a statement sent by text message.
Argentina is readying a new instrument to allow companies to send dividends abroad, a first step to lift a cobweb of restrictions in its foreign-exchange market.
Argentina sold a total 2.73t pesos in local Treasury notes and bonds in an auction Thursday, according to an emailed Economy Ministry statement.
Hawaii lawmakers deferred a bill that would have helped <-rte-company state="{"_id":"0000018f-177d-d583-afbf-d7fdbb4e0000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Hawaiian Electric Industries Inc.-rte-company> recover costs tied to the Maui wildfires, making the measure unlikely to pass in this session, according to a report by research group Capstone.
Billionaire Ricardo Salinas’ cable and internet provider Total Play reported a 1Q net loss of 1.16b pesos vs a profit of 317m pesos the year prior, according to an emailed statement.
Board of <-rte-company state="{"_id":"0000018f-1739-d583-afbf-d7fd0f360000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">YPF Energía Eléctrica SA-rte-company> approved on Wednesday the issuance of up to $110 million in bonds, company said in a statement.
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