BERLIN (AP) The German news agency dpa is reporting that Lufthansa CEO Carsten Spohr says the airline will sign an agreement to buy large parts of the bankrupt carrier Air Berlin. Spohr said in Berlin that both airlines will sign the agreement later on Thursday in Berlin. Spohr said, “Today is a big day, which…
Marka shareholders back restructuring efforts at retailer – The National x Abu Dhabi, UAEThursday 12 October 2017 Read the full article at: https://www.thenational.ae/business/marka-shareholders-back-restructuring-efforts-at-retailer-1.666746
KUALA LUMPUR: The Federal Land Development Authoritys (Felda) is putting the Grand Plaza Serviced Apartments in London for sale as part of its initiatives to reorganise and restructure its assets in order to strengthen its financial position. Its chairman, Tan Sri Shahrir Abdul Samad, said the decision was made following Feldas decision to dispose off…
FREMONT, Calif., Oct. 11, 2017 (GLOBE NEWSWIRE) — Sigma Designs, Inc.® (NASDAQ:SIGM), a leading provider of intelligent system-on-chip (SoC) solutions for Connected Smart TV Platforms and Internet of Things (IoT) Devices, today announced restructuring activities intended to refocus its operating expenses and accelerate the return to profitability. These actions, which will focus on streamlining the…
A debtor has had his appeal to the High Court dismissed in a preliminary hearing, on the basis that he did not have locus standi to appeal an application pursuant to the Personal Insolvency Acts 2012-2015, which was brought by a personal insolvency practitioner in the first instance. Finding in favour of Bank of Ireland…
By Ciara Farmer For Mailonline Published: 20:50 +11:00, 12 October 2017 | Updated: 23:32 +11:00, 12 October 2017 e-mail 21 View comments He is one of Hollywood’s most sought after movie stars. So naturally Idris Elba attracts attention wherever he goes, as illustrated when he hit the red carpet alongside his girlfriend Sabrina Dhowre, 29, before…
Andrew Kuzma, Legally Speaking Published Oct 12, 2017 at 8:00 am (Updated Oct 11, 2017 at 8:09 pm) Andrew Kuzma
HOUSTON, Texas (KTRK) — This year-round liquidation company may have some of the best deals in town. Kenneth Sheffield with Sheffield & Sheffield Liquidation makes his living buying overstock items from big box retailers and selling them at liquidation prices to the public. Top name brands include Dewalt, Milwaukee, Ryobi and Hampton Bay. Most of…
Video PlayerClose BERLIN, Oct. 12 (Xinhua) — German market leader Lufthansa signed an agreement to acquire the lion’s share of the insolvent carrier Air Berlin on Thursday. Lufthansa Chief Executive Officer (CEO) Carsten Spohr told press that it was a “big day” for his company which will gain an even tighter grip on Germany’s commercial…
by Katie Walsh The Big Four accounting firms are approaching a combined tally of 9000 lawyers worldwide as a US-based survey reveals most law firms feel threatened and expect regulation in the world’s biggest legal services market may loosen. PwC has opened a law firm in Washington to liaise and advise on non-US laws and cross-border matters, promoting…