ATHENS Greece urged its European lenders on Wednesday to offer incentives that will boost growth and help break an impasse between the euro zone and the International Monetary Fund on the size of relief the country needs to make its debt sustainable. During a meeting of euro zone finance ministers last month, Greece, its euro…
By Reuters Published: 00:39 +10:00, 8 June 2017 | Updated: 00:39 +10:00, 8 June 2017 e-mail ATHENS, June 7 (Reuters) – Greece urged its European lenders on Wednesday to offer incentives that will boost growth and help break an impasse between the euro zone and the International Monetary Fund on the size of relief the…
GPS cleaning company treated vulnerable employees as ‘slaves’: court exit Xiao Teng was supporting her partner who was undergoing chemotherapy when cleaning company Grouped Property Services Pty Ltd stopped paying her. Her colleague Freddy Herrera, an engineering student from Colombia, worked for GPS for five hours a day, seven days a week and “was grossly…
By: Express Web Desk | New Delhi | Published:June 7, 2017 5:42 pm Mandsaur: A scene after violent clashes between farmers and the police at Pipliya in Mandsaur district on Tuesday. The farmers have been protesting for a week demanding loan waiver and fair price for their produce. PTI Photo (PTI6_6_2017_000193B) Related News Amid violent…
FILE PHOTO – Japan Display Inc’s logo is pictured at its headquarters in Tokyo Thomson Reuters TOKYO (Reuters) – Japan Display Inc is considering deeper restructuring than first planned and has asked a state-backed fund for help after losing business with Apple Inc due to its late entry into OLED technology, the Nikkei business daily…
Anthony SitaPicture: Picture: The West Australian The family behind a contractor facing more than $500,000 payment claims over a Kalbarri tourism project endured a corporate collapse 18 months ago. Antonio Sita, whose son Anthony owns Civils WA, put Woodstock Civil & Drainage into voluntary liquidation in December 2015 with a reported $2.2 million in debts.…
Indias ruling Bharatiya Janata party is preparing to waive billions of dollars in farmers loans, as it confronts an upsurge of unrest from angry cultivators who are demanding debt relief and higher prices for agricultural commodities. Six farmers have already been killed in confrontations. In a note to clients this week, BofA Merrill Lynch predicted…
A Sydney labour hire firm has been ordered to pay more than $670,000 over its use of a sophisticated phoenixing operation to underpay foreign workers and treat them like “slaves”. The Federal Court on Wednesday ordered Grouped Property Services, which provides cleaning services, to pay near-record penalties of $447,300 and backpay of $223,244 to 49 employees after…
Firm Appointee/Solicitor Role Company Name Published Date Deloitte Jason Tracy administrator India Resources Limited 6/06/2017 RSM Gregory Bruce Dudley liquidator Accent Granite Pty Ltd 6/06/2017 Ticcidew Insolvency Simon Roger Coad liquidator Westoz Racking Installations Pty Ltd 6/06/2017 Worrells Solvency & Forensic Accountants Mervyn Jonathan Kitay administrator Passione Toscana Pty Ltd 6/06/2017 Sheridans Jennifer Elizabeth Low…
TOKYO, June 7 (Reuters) – Japan Display Inc is considering deeper restructuring than first planned and has asked a state-backed fund for help after losing business with Apple Inc due to its late entry into OLED technology, the Nikkei business daily reported. Shares in the company climbed 12 percent in morning trade. In addition to…