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The Australian government will be launching an investigation into insolvency practitioners amid rising criticism and allegations that unfair practices pushed small businesses  SMBs  into collapse.Recent reports in ABC News said the Small Business and Family Enterprise Ombudsman is launching an inquiry into the insolvency industry after a previous pro <a href=https://www.cups-stanley-cups.us>stanley cup</a> be into the general financial services industry failed to address the issue. Ombudsman Kate Carnell announced the new inquiry, noting t <a href=https://www.stanley-germany.de>stanley thermoskanne</a> hese concerns.Unfortunately, the banking royal commission wasn ;t asked to look at the role of insolvency practitioners, and that was a missed opportunity, she said in a statement. We know there is a very low success rate in restructuring Australian businesses under external administration, and the impact of the insolvency process is often devastating for the small busines <a href=https://www.cups-stanley-cups.us>stanley usa</a> s owner.Reports said more than 8,000 SMBs fell into administration last year.It is most important that small businesses and farmers who find themselves in financial difficulty are treated with respect and fairness, said John Wacka Williams, who will chair a reference group as part of the inquiry. Reports noted that Williams played an instrumental role in the earlier financial services royal commission. This inquiry is essential to see if any systemic improvements can be made, he added.The probe will focus on the current inquiry system as it pertains to smal Fjtd GameStop   s Top Investor Sees Epic Battle With Amazon
Volvo Cars announced Thursday  November 1  that it reached an agreement with Baidu, the Chinese internet search provider, to jointly develop electric and fully autonomous drive-compatible cars.In a press release, Volvo said the aim is to mass-produce the vehicles in China, which it said is the largest car market in the world.聽 With Baidu we take a big step forward in commercialising our autonomous compatible cars, built on Volvos industry-leading safety technology,  said H氓 <a href=https://www.stanleycup.fr>gourde stanley</a> kan Samuelsson, pres <a href=https://www.stanley-cup.us>stanley usa</a> ident and chief executive of Volvo Cars in the press release.  There is a strong development in autonomous drive in China, where Baidu is a leading player,  <a href=https://www.stanleycup.fr>stanley mug</a> and the market there offers huge opportunities for us as the supplier of choice for autonomous fleets.  Volvo said the partnership will allow both companies to develop and sell the vehicles, underscoring Volvo   aspirations to be the supplier of choice for mobility companies around the globe. Volvo and Baidu plan on pooling resources to prepare for mass manufacturing of fully electric and autonomous cars. Volvo said it chose Baidu as a partner because of its safety credentials, according to the press release.Volvo noted that as per the collaboration agreement, Baidu will contribute with its Apollo autonomous driving platform. Volvo will provide access to its expertise and advanced technologies of the car industry. Volvo noted that based on industry forecasts China is poised to become the largest market for self-driving cars in t
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