(Adds details on board, updates shares) MADRID, March 2 Debt-laden Spanish energy group Abengoa has appointed a new chairman to try to distance the firm’s management from its main shareholder and facilitate a debt restructuring. The Seville-based company is racing to reach an agreement with its banks and bondholders by March 28, when it would…
Press Release No. 16/85 March 2, 2016 On February 12, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with India. The Indian economy is on a recovery path, helped by a large terms of trade gain (about 2.5 percent of GDP), positive policy actions, and reduced external…
The investigation, presented on Feb. 26 in Vienna by activists of the Anticorruption Action Centre, shows examples of the siphoning of some $600 million from the Ukrainian banks. Photo by Ukrafoto When many of Ukraine’s banks went bust after President Viktor Yanukovych’s rule, the State Depository Insurance Fund paid out $2.6 billion to reimburse customers…
Clayton Utz is seeking an high quality Senior Associate with a minimum of 5 years post admission in R&I and litigation experience. The role Working for Scott Sharry and his team, we are currently seeking a high quality Senior Associate with a minimum of 5 years post admission in R&I and litigation experience. …
2016-03-02T12:39+02:00 12:39 02.03.2016 The National Bank of Ukraine (NBU) plans to collect UAH 11.462 billion from the owners of banks that were declared insolvent acting as personal bail granters, Director of the risk management department Ihor Budnyk has said. “As for personal bail of former owners of banks Kostiantyn Zhevaho, Oleh Bakhmatiuk, Mykola Lahun and…
The investigation, presented on Feb. 26 in Vienna by activists of the Anticorruption Action Centre, shows examples of the siphoning of some $600 million from the Ukrainian banks. Photo by Ukrafoto When many of Ukraine’s banks went bust after President Viktor Yanukovych’s rule, the State Depository Insurance Fund paid out $2.6 billion to reimburse customers…
Forensic police investigate after a man was fatally stabbed in the Golden Square Car Park Melbournes Chinatown. Picture: Nicole Garmston A CAFE worker is accused of stabbing of a man in Melbournes Chinatown to death in broad daylight to rid himself of a gambling debt, a court has heard. Fai Sing Yiu, 60, is on…
Ed Goldswain and Jacquie Hale escaped from London flat as debris fell Basement builders ordered by judge to pay couple £287,000 in damages But firm went bust and couple still haven’t received any cash from them Council billed freeholder for £318,000 demolition but couple still face bill as well as hundreds of thousands in legal fees…
syndication.ap.orgA pedestrian passes cash points at a branch of Barclays Bank in London, Tuesday, March 1, 2016. Barclays PLC has revealed plans to split itself into two as it reported a big fall in fourth-quarter profits.The bank said Tuesday its adjusted pretax profit, which includes one-off items like provisions to pay for mis-selling policies in…
Comments Print /License AA A leaner Maple Leaf Foods Inc. is turning a profit after spending seven years selling divisions, building new plants and closing old ones. Maple Leaf Foods has emerged debt-free from the billion-dollar restructuring, with a network of modern meat plants churning out cold cuts, bacon and prepared food. Eight old factories…