Unpaid IT contractors are still scrambling for answers in the wake of pay management service Plutus Payroll suddenly suspending operations following what it described as a “commercial dispute”. Plutus Payroll informed contractors on Monday night that it had suspended business activities, effective immediately. Plutus said some payments scheduled between 27 April to 2 May may…
The government will consider introducing identification numbers for directors of Australian companies, after the Productivity Commission labelling it a necessary reform to the countrys insolvency practices. On Thursday Small Business Minister Michael McCormack handed down the governments response to the commissions final report from its review of business set-ups, transfers and closures in Australia, which considered the…
Stellarton, dont panic. Sobeys isnt going anywhere. Weve been in business for 110 years. We have always been headquartered in Stellarton and we will always be headquartered in Stellarton, said Andrew Walker, senior vice-president of communications and corporate affairs for Empire Company Ltd., in an interview Thursday. The culture of this company is in our…
* Handelsblatt said measures under consideration * EU source says document it cites started as ESM paper (Recasts with German finance ministry statement) May 4 No debt relief measures are being readied for Greece, Germany’s Finance Ministry said on Thursday after the Handelsblatt business daily reported measures were under consideration. The implementation of reforms that…
By Renee Maltezou| ATHENS ATHENS Prime Minister Alexis Tsipras called on Greece’s international lenders on Thursday to reach an agreement on easing its debt burden by May 22, when euro zone finance ministers meet in Brussels to discuss the bailout progress.Athens and its creditors reached a long-awaited deal this week on a series of bailout…
May 4 No debt relief measures are being readied for Greece, Germany’s Finance Ministry said on Thursday after the Handelsblatt business daily reported measures were under consideration. “No debt relief is being prepared,” the ministry said in a statement e-mailed to Reuters, adding that the implementation of reforms that Greece agreed to in return for…
Valeria Gontareva, governor of the National Bank of Ukraine (NBU), might be leaving office, but is often commended for the banking sector restructuring and consolidation that has been long-awaited by foreign investors. We are still not at the end of the road, but compared to where we were a few years ago, when we had…
BERLIN (Reuters) – Greece’s international lenders are preparing possible debt relief measures for Athens for discussion by euro zone finance ministers, the German business daily Handelsblatt reported on Thursday. The European Commission, the ESM euro zone rescue fund, the European Central Bank and the International Monetary Fund (IMF)have prepared various debt measures in a document…
By Renee Maltezou | ATHENS Prime Minister Alexis Tsipras called on Greece’s international lenders on Thursday to reach an agreement on easing its debt burden by May 22, when euro zone finance ministers meet in Brussels to discuss the country’s bailout progress. Athens and its creditors reached a long-awaited deal at staff-level this week on…
Thousands of workers lost out when BHS collapsed with pension scheme empty Former owner Sir Philip Green agreed to pay £363million to help reimburse staff Now the man who bought the business for £1 faces having his firm liquidated, as administrators seek to reimburse all creditors who lost out on cash Dominic Chappell may challenge…