by PSC Trade Credit Risk | Feb 18, 2020 | Blog
The official PMIs for January released today do not yet reflect the magnitude of the economic concerns around the ongoing coronavirus 2019-nCoV outbreak in China. However, we think that its impact on the Chinese economy and the rest of the world is not negligible. The...
by PSC Trade Credit Risk | Feb 17, 2020 | Blog
Business owners will need to pay closer attention to their cash flow management heading into end of financial year, with new credit bureau reporting laws set to put extra pressure on businesses to pay their tax debts. Entrepreneurs leaning on the Australian Taxation...
by PSC Trade Credit Risk | Feb 17, 2020 | Blog
Holden will be axed in Australia at the end of 2020 – just three years after the end of local manufacturing and the lowest monthly sales since it was established in 1948 – as US car giant General Motors gets out of right-hand-drive markets globally. Although Holden...
by PSC Trade Credit Risk | Feb 11, 2020 | Blog
George Calombaris has placed his restaurant empire into voluntary administration, only months on from an underpayment scandal and more recently the loss of his MasterChef role. Calombaris’ business, Made Establishment, met this afternoon to decide whether to appoint a...
by PSC Trade Credit Risk | Feb 5, 2020 | Blog
Macy’s announced on Tuesday that it will close 125 stores and axe 2,000 jobs, becoming the latest shopping giant to shutter shops amid a radical reordering of the retail landscape. The department store chain plans to exit weaker shopping malls and focus on opening...