Tag: payment

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Sepp Blatter and Michel Platini charged with fraud in Switzerland over £1.35m payment

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The former Fifa officials Sepp Blatter and Michel Platini were charged with fraud and other offences by Swiss prosecutors on Tuesday after investigating a controversial payment of 2m Swiss francs (about £1.35m) for si...

Chinese developer Shimao plans fire sale after downgrade and missed payment

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A Chinese developer previously considered financially sound is embarking on a fire sale of assets as the contagion of bad debts built up within China’s bloated housing sector continues to spread. Shimao Group Holdings...

‘Eerie silence’ as Evergrande misses payment deadline

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The embattled Chinese property developer Evergrande is inching closer to the potential default that investors fear, after missing an interest payment deadline. The company, which has total debts of about $305bn (£222b...

Evergrande averts default with interest payment – reports

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The Chinese property developer Evergrande has reportedly made an interest payment for an offshore bond before a grace period expired on Friday, narrowly averting a catastrophic default for the second time in a week. E...

UK state pension payment delays leave many in ‘dire financial straits’

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James Regan waited more than two months, spent more than 70 hours on the phone and had to threaten legal action before he was finally able to tell his mother that she would be getting her state pension each week. Susa...

Morning mail: Covid support payment anger grows, Delta’s rapid spread, Matildas triumph

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Good morning. Poor Covid support payment access causes community anger, the World Health Organization confirms the rapid global spread of the Delta variant, and Brisbane gets ready for Olympic fever … in 2032. Those h...

NSW weather live: Berejiklian says fires and floods may push people to ‘breaking point’ as disaster relief payment expanded

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School closures as more rain, flooding expected on mid-north coast; major flooding expected along the Hawkesbury River in western Sydney, as well as the Macleay River at Kempsey and Smithtown, and the Hastings River. ...

UK’s late payment ‘crisis’ risks future of 440,000 small firms

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More than 440,000 small firms could be forced out of business by the late payment “crisis”, according to the Federation of Small Businesses, which has called for urgent government intervention to improve the way firms...

Apple agrees to let iPhone apps email users about payment options

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Apple has conceded ground in the battle over app payments, agreeing to allow app developers to email users about alternative ways to pay other than the in-app payment system where the tech giant takes a cut of every p...

Uninsured flood victims can receive up to $20,000 payment under NSW scheme

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Uninsured residents in flood-affected areas of New South Wales can apply for new cash payments, as recovery efforts continue after the state’s second major flooding event in a month. The premier, Dominic Perrottet, an...

UK contactless payment limit to rise to £100

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The limit on contactless spending in the UK is set to rise to £100, although the change may not be rolled out to shops until later in the year. The limit on tap-and-go card spending was increased to £45 last year as r...

Labor won’t commit to an increase in jobseeker payment

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Labor has not committed to an additional increase to the jobseeker payment and has dropped plans for a review into the rate, the shadow assistant minister for the treasury, Andrew Leigh, has confirmed. Asked by the Au...

Kyiv furious as EU wavers on banning Russia from Swift payment system

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The EU faced furious remonstrations from Kyiv as Europe’s leaders looked set to hold back from imposing the potentially most damaging sanction on Russia, even as the Kremlin lay siege to Ukraine via land, air and sea....

Melbourne workers eligible for new national Covid lockdown disaster payment

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Workers in Melbourne who haven’t had shifts due to the extended Covid lockdown will be eligible for up to $500 in support after the prime minister announced a new temporary Covid disaster payment. Scott Morrison said ...

‘Incredibly worried’: end of Covid disaster payment looms for many still out of work

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It’s the lifeline that’s kept nearly 2 million people in New South Wales, Victoria and the ACT on a steady weekly income during Covid lockdowns. Since June, the government’s Covid-19 disaster payments – paid at either...

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