Asset financing means borrowing money from a financial institution using the business’s balance sheet assets, such as account receivables, short-term investments, stocks and inventory. As
Category: Business
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Price cap reduction has little effect on energy price as expert expert energy bill to rise
Ofgem is expected to reduce the cap on the amount energy suppliers can charge by around £1,000, but analysts predict that bills will still rise
Accounting giant Ernst and Young accidentally leaks personal details of current and former employees
Ernst and Young, one of the Big 4 Accounting firms, has accidentally leaked the personal details of current and former employees while trying to launch
Quiet hiring is the latest method of hiring in the workplace for employers
Employers are adopting a new workplace trend where they are reallocating current employees to work on new projects or jobs instead of hiring new workers.
Ministers to hold crisis talks with supermarket bosses over the UK’s chronic vegetable shortage
The UK government will hold a meeting with supermarket bosses to address the country’s chronic vegetable shortage. The meeting, to be hosted by Food Minister
Wall Street plans to invest in Ukraine
Wall Street is showing increasing interest in investing in Ukraine, with BlackRock, the world’s largest money-management firm, and JPMorgan among the top players seeking to
Personal consumption expenditures price index rise 5.4% unexpectedly
According to the Commerce Department, the personal consumption expenditures price index, which is the Federal Reserve’s preferred measure of inflation, rose unexpectedly last month. In
Former Insurance Executive Indicted for $2B Fraud Scheme
A federal grand jury in Charlotte returned an indictment yesterday charging a North Carolina man with masterminding and directing a massive scheme to deceive state
LatitudePay to shut down after complaints from angry customers
The closure of popular Australian buy now, pay later service, LatitudePay, has left over 500,000 customers in the lurch, impacting more than 5,000 retailers including
Florida man pleads guilty to investment scheme that defrauded over 10,000 victims of over $55 million
Michael Glaspie, a 72-year-old man from Palm City, Florida, has pleaded guilty to orchestrating an investment fraud scheme that defrauded over 10,000 victims of more