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Bankruptcy Advice's Newsletter Archive

Wed, Jan 20 2021

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Hello and welcome to my Nuzzel newsletter! (Bankruptcy Advice Online is a leading provider of information and guidance on bankruptcy in the UK.) Please visit <a href='https://www.bankruptcyadvice-online.co.uk'>bankruptcy advice online</a>
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BHP slashes values of Australian thermal coal assets
The Financial Times – Neil Hume, Natural Resources Editor – Jan 19, 11:49 PM

BHP will slash the value of its Australian thermal coal assets by up to $1.25bn as it seeks to divest the business and focus on other commodities. The world's biggest miner announced in August plans to sell or spin off its New South Wales Energy…

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TikTok owner ByteDance launches payments in China as it pushes into fintech and e-commerce
CNBC – Arjun Kharpal – Jan 19, 7:22 PM

Published Tue, Jan 19 2021 10:22 PM EST ByteDance has launched a new payment services within Douyin, the Chinese sister app of TikTok. Douyin users can choose Douyin Pay to make purchases within the short-video app. Douyin already offers payment…

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These 3 charts show what COVID-19 has done to global energy demand
World Economic Forum

Global lockdowns caused a slump in electricity demand unparalleled since the Great Depression, according to the IEA. Electricity usage typically fell by up to 20% for each month a nation's lockdown persisted. Weekday patterns of consumption came to…

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German parliament presses Merkel to extend insolvency waiver
Reuters – Reuters Staff – Jan 18, 8:09 AM

BERLIN, Jan 18 (Reuters) - Germany's upper house of parliament called on Monday for Chancellor Angela Merkel's government to extend a waiver on insolvency filings for firms hit by the coronavirus crisis. The provision, which is due to expire at the…

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