Optus has announced that it will be restructuring its Enterprise and Consumer divisions through a series of redundancies, with a “reshape” of its workforce planned in order to support its transformation into a multimedia company rather than a pure telecommunications carrier. Latest Australian news Under the restructuring, Optus will consolidate and make redundant a number…
Caixin | Creating a new problem to address an old one may trim the real estate glut in the short term, but it will cause headaches for the economy in the long run. Having banks and local governments deleverage and trim overcapacity are part and parcel with central government efforts to maintain stable growth by…
Dmail Group SpA : * Said on Friday that Court in Florence declared its wholly-owned unit Dmedia Commerce SpA bankrupt Source text for Eikon: Further company coverage: (Gdynia Newsroom) Read the full article at: http://www.reuters.com/article/idUSL5N17713W
By Sophie Vorrath on 4 April 2016 One month after announcing a major streamlining of its business, ASX-listed clean tech energy retailer GO Energy has gone into voluntary administration, leaving rival businesses to try and pick up some of its contracts. The company, which was last year acquired by ASX-listed solar wholesaler SOLCO…
The voluntary administration of Australian retail chain Laura Ashley will continue until at least the middle of May, after the companys administrators were granted an extended time period for which to hold the second meeting of creditors. The Australian arm of Laura Ashley collapsed into voluntary administration on January 7, with Ross Blakeley, Quentin Olde…