Business
Amazon on Thursday reported better-than-expected revenue and profits for the fourth quarter, driven by strong consumer spending during the holiday shopping season.
Feb 1, 2024
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1
Business
Shares in French IT consultancy Atos plunged on Monday after the group announced it was appointing a new chief executive to handle its debt crisis.
Jan 15, 2024
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1
Business
Telecom Italia on Sunday approved an offer by US investment fund KKR for its fixed-line network, infuriating its main shareholder which vowed to contest the "illegal" decision.
Nov 6, 2023
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26
Automotive
Electric vehicle sales are surging in Jordan, a trend drivers and showrooms attribute to high petrol prices more than any concerns about air pollution and climate change.
Nov 1, 2023
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1
Energy & Green Tech
The EU proposed an overhaul of its fiscal rules on Wednesday, a long-awaited reform that has divided member states over how to encourage investment while bolstering scrutiny of government spending.
Apr 26, 2023
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3
Energy & Green Tech
South Africa unveiled Wednesday new tax incentives to encourage investment in the production of clean power to help the country battle an energy crisis that has sparked worsening blackouts.
Feb 22, 2023
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4
Business
Elon Musk says Twitter Inc. is "trending to breakeven" after he had to save it from "bankruptcy."
Feb 6, 2023
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4
Business
Facebook-owner Meta is ending a run as one of the few major firms without debt, launching its first bond sale as the company battles uncertainty and bets heavily on its metaverse vision.
Aug 5, 2022
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16
Business
An unplanned and complicated pregnancy pushed Carlazjion Constant of Smyrna, Tennessee, to the financial brink.
Jan 12, 2022
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6
Business
Philippine Airlines said Saturday it was filing for bankruptcy in the United States to slash $2 billion in debt as it tries to survive an industry gutted by the coronavirus pandemic.
Sep 4, 2021
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3
A debt is an obligation owed by one party (the debtor) to a second party, the creditor; usually this refers to assets granted by the creditor to the debtor, but the term can also be used metaphorically to cover moral obligations and other interactions not based on economic value.
A debt is created when a creditor agrees to lend a sum of assets to a debtor. Debt is usually granted with expected repayment; in modern society, in most cases, of the original sum plus interest.
In finance, debt is a means of using anticipated future purchasing power in the present before it has actually been earned. Some companies and corporations use debt as a part of their overall corporate finance strategy.
This text uses material from Wikipedia, licensed under CC BY-SA
