Ace Breaking News – In short: ABC understands the initial round of emergency funding that kept parts of Bathla Group operating has been “exhausted”. Only one lender has chosen to continue to prop up the company: By Lin Lin and Alex Turner-Cohen Published: Thu 24 Sep 2026 at 5:58pm What’s next? Staff have been stood down, with just […]
Tag: Finance
Ace Business Desk – NEW DELHI: Prime Minister Narendra Modi on Saturday proposed a new implementation and continuity mechanism for Brics, anchored by a “Troika” system and a secure digital repository to track decisions, nodal points and timelines as the grouping’s annual presidencies rotate. Addressing the 18th Brics Summit in New Delhi under India’s 2026 […]
Ace Finance Desk – In Short – The crypto industry’s top legislative priority failed on Tuesday in spectacular fashion,” reports Barron’s.A procedural motion to advance the bill failed by a vote of 49 to 50, with a handful of Republicans joining all Democrats to shoot it down. The motion needed 60 yes votes to pass, […]
Ace Breaking News – The chancellor is to warn the European Union (EU) not to lock the UK out of its scheme to protect industries from unfair Chinese competition: By Harry Farley: Political correspondent: Published: 17 September 2026 John Healey will push for closer UK-EU partnerships on tech, defence, and manufacturing at a meeting of […]
Ace Breaking News – Sydney-based fashion business Cue Clothing Co entered receivership on Tuesday afternoon By business reporter Yiying Li & Topic:Company News Published: Wed 16 Sep 2026 at 9:03am In a statement, FTI Consulting, appointed as receivers and managers for Cue, said increased sales and other improvements across the group were not enough to offset […]
Ace Breaking News – In short: AI company Anthropic has signed an agreement to use part of a $32 billion data centre proposed for a site on Queensland’s Western Downs. The data centre is set to be the largest in Australia and will draw as much power as about 1.5 million average Australian households by […]