Tag: payment

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‘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...

‘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...

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...

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...

Covid furlough payment to help staff lost me mortgage

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I desperately need some help after Santander declined our remortgage application. I have never earned more than I do now and business is booming. But our application has been refused because the company I part-own rec...

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...

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 ...

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. ...

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...

Tulsa Race Massacre centenary: major event canceled after payment dispute

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A major event to commemorate the centenary of the Tulsa Race Massacre was canceled amid an impasse over payments to three survivors, organizers said. The Remember & Rise event was scheduled for Tulsa on Monday, a...

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...

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...

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...