FEDERAL MP David Littleproud has called out the region’s CSG companies, demanding they outline to him their local procurement practices and employee recruitment. Mr Littleproud has taken the hardline stance because he does not want the Maranoa to be seen as the hub for fly-in, fly-out (FIFO) gas workers and has called for greater transparency.…
FRANKFURT/DUESSELDORF (Reuters) – Thyssenkrupp raised almost 1.4 billion euros ($1.7 billion) in a share placing on Tuesday to help fund the industrial goods businesses that will stay with the firm after the planned merger of its steel operations with Tata Steel next year. The German steel-to-elevators group needs to strengthen its balance sheet, part of…
Hurrah for the Alexandra Blossom Festival. Every year the colourful pink and white blossom adorn the fruit trees of the district, heralding longer days, warmer times and bounty on the branches. Every year, too, for 61 occasions, Alexandra has celebrated its blossom festival. Last year, when the 60th was marked, bumper crowds turned out and…
Eyeing Air Berlin, Lufthansa board backs extra investment for Eurowings BERLIN (Reuters) – Lufthansa’s <LHAG.DE> supervisory board approved plans to invest 1 billion euros ($1.2 billion) in up to 61 additional planes to expand its Eurowings budget business after German rival Air Berlin was declared insolvent. Air Berlin’s creditors have selected Lufthansa and British budget…
San Juan’s mayor urged the United States to prioritise “people above debt” as it helps rebuild from the devastation of Hurricane Maria, after President Donald Trump said that the island’s crippling debt “must be dealt with.” Maria slammed into the US territory of 3.4 million people last week as the most powerful hurricane to Puerto…
US PRESIDENT Donald Trump is finally tweeting about hurricane-ravaged Puerto Rico but his message has sparked outrage among residents struggling with the devastation. Hurricane Maria slammed into the US territory of 3.4 million people last week, the most powerful hurricane to hit Puerto Rico in almost 90 years, destroying homes and knocking out power. Amid…
BERLIN (Reuters) – Lufthansas (LHAG.DE) supervisory board approved plans to invest 1 billion euros ($1.2 billion) in up to 61 additional planes to expand its Eurowings budget business after German rival Air Berlin was declared insolvent. Air Berlins creditors have selected Lufthansa and British budget carrier easyJet (EZJ.L) to negotiate over a carve-up of its…
Formal debt resolution tools Get Our Free Money Tips Email! For all the latest deals, guides and loopholes – join the 12m who get it. Don’t miss out Amy | Edited by Johanna Updated August 2017 “); } var overlay = $(“.popupOverlay”); function popUpDiv(popID) { if(openDiv){ if(openDiv!=popID){ closePopupDiv(openDiv); } } var scrollTop = getScrollY(); var…
MUMBAI: The National Company Law Tribunal (NCLT) has adjourned the hearing of Ericsson’s petition to admit the insolvency case against Reliance Communications (RCom) to October 6 . Rcom’s senior counsel Ravi Kadam told the bench comprising of BSV Prakash Kumar and V Nallasenapathy that if both parties do not reach a settlement by the allotted…
Thirty jobs lost as Moray engineering firm goes into liquidation 26 September 2017 From the section NE Scotland, Orkney & Shetland A Moray engineering company has gone into liquidation with the loss of more than 30 jobs. Brown Engineering of Fochabers was established in the 1970s. It specialised in the manufacture, installation and maintenance of…