OVERLAND PARK, Kan.–(BUSINESS WIRE)– Ivy High Income Opportunities Fund (IVH) today announced a monthly distribution of $0.125 per common share. The distribution schedule is as follows: Ex-Date Record Date Payable Date Amount September 14, 2016 September 16, 2016 September 30, 2016 $0.125 per share The distribution…
September 2nd, 2016 Splash 24/7 Asia, Containers, Contributions 0 comments The insolvency of Hanjin Shipping, the worlds seventh largest container line, is likely to have a significant impact throughout the maritime sector. In this briefing Craig Neame and Matthew Wilmshurst from law firm Holman Fenwick Willan provide an overview of some of the potential consequences…
By Kenneth Rijock Cayman Islands media, reporting on the latest developments in the unfolding scandal behind the court proceedings regarding B & C Capital Ltd, were forced to rely upon statements of the court-appointed liquidators, as the new proceeding against Bateman & Company Ltd was held behind closed doors. Kenneth Rijock is a…
China is hoping to find a recipe to revive global economic growth when it hosts its first G20 summit this Sunday, but challenges are mounting in the form of domestic problems and regional tensions, with this weeks suicide car bombing at the Chinese embassy in Kyrgyzstan only adding to them. Around 40 world leaders are…
Updated Sept. 2, 2016 12:09 a.m. ET Landlords, liquidators and licensing firm Authentic Brands Group have been declared the winners of a contest for distressed retailer Aéropostale, with an offer of $243.3 million in a deal that preserves part of the business, according to a person familiar with the matter. The results of a bankruptcy…
By Abhinav Ramnarayan | LONDON LONDON A European Commission ruling that Apple Inc should pay Ireland up to 13 billion euros of back-dated taxes could help the country cut its debt significantly but may undermine its government, Standard & Poor’s told Reuters on Wednesday. The European Union’s executive arm ordered Apple to pay the bill…
A woman passes by PrivatBank office in Kyiv. Photo by Anastasia Vlasova Investment in fixed assets rises to 9.6 percent Ukraine saw a rise in fixed asset investment during the first half of the year, recording a leap to 9.6 percent growth for the first six months of 2016. his follows a relatively tepid 0.7…