Business Day

Transcorp Power’s liquidity strained as trade receivables surge 65%

Transcorp Power Plc’s trade receivables jumped 65 percent to N395.34 billion as of September 2025, highlighting mounting ...
Insurance Business America

Insurers brace for big hit as First Brands bankruptcy unwinds web of receivables

According to reporting in the Financial Times, Allianz, Coface and AIG were among carriers that provided cover to trading partners and investors exposed to First Brands’ receivables programs. Senior ...
Mediaite on MSN

Southeast Asian regional bloc did not say it's 'giving up dollars'

Southeast Asian countries are promoting the use of local currencies in trade to reduce their reliance on the US dollar and ...

First Brands' creditor says $2.3 billion 'simply vanished', seeks probe

Trade finance company Raistone, a creditor of First Brands, asked a court on Wednesday to appoint an independent examiner, ...

Jefferies Fund Has $715 Million in First Brands’ Trade Debt

An asset manager controlled by a unit of Jefferies Financial Group Inc. sank nearly a quarter of its $3 billion trade finance ...

Bankrupt Auto Supplier First Brands Faces Criminal Investigation

The closely held company faces a federal probe after board directors discovered accounting irregularities, sources say.

MCPL Fortifies Financial Strength with Comprehensive Trade Credit Insurance Cover, Paving the Way for Accelerated Global Growth

Manoj Ceramic Limited (MCPL), One of India's fastest-growing Ceramic and Tile brands, has fortified its financial foundation by securing a comprehensive Trade Credit Insurance cover for all its ...