UC Berkeley to tap academic funds to help bail out Memorial Stadium – SFGate
… Read the full article at: http://www.sfgate.com/bayarea/article/UC-Berkeley-to-tap-academic-funds-to-help-bail-12330822.php
UB Engineering files liquidation plea after creditors reject recast plan – Business Standard
Plan was to clear dues of Rs 55 cr, pump in Rs 35 cr to run the company Veena Mani | New Delhi Last Updated at November 4, 2017 01:47 IST … Read the full article at: http://www.business-standard.com/article/companies/ub-engineering-files-liquidation-plea-117110301060_1.html
Siemens CEO defends turbine business restructuring: Spiegel – Reuters
FRANKFURT (Reuters) – Siemens chief executive has defended the German industrial group against government accusations that its planned job cuts could encourage right-wing populism in economically weak areas of the former East Germany. Siemens President and CEO Joe Kaeser attends a news conference with Alstom CEO to announce their deal to merge their rail operations,…
Decentralisation results in Vistaprint restructure – printweek.com
Cimpress has announced a major restructure at its flagship Vistaprint operation alongside its Q1 results. Cimpress: “solid start” to fiscal year 2018 The group decentralised its operations at the beginning of the year, which resulted in 3,000 employees being reassigned to the Vistaprint business. Restructuring at the business unit will involve an as-yet-unspecified number…
Siemens CEO defends turbine business restructuring -Spiegel – Nasdaq
Shutterstock photo FRANKFURT, Nov 3 (Reuters) – Siemens’ chief executive has defended the German industrial group against government accusations that its planned job cuts could encourage right-wing populism in economically weak areas of the former East Germany. Siemens may cut thousands of jobs in an overhaul of its power and gas business, which…
First set of insolvency rules for corporate guarantors, individual businesses may kick in by Dec – Hindu Business Line
So far, reservations have been raised mostly on the threshold of 1,000 default that can trigger insolvency proceedings Kolkata, November 3: The Centre is likely to introduce the first set of insolvency regulations relating to corporate guarantors and individual businesses that include proprietorships and firms, Ranjeeta Dubey, Deputy General Manager, Insolvency and Bankruptcy Board of…
Venezuela faces an uphill battle if it wants to restructure $120 billion in debt – CNBC
“This is a game-changer. Before the announcement, the will of Venezuela to pay was strong,” Moya-Ocampos said. “The fact that this restructuring is not accompanied by an economic reform plan tells us we can’t say that anymore.” PDVSA also delayed an $81 million bond payment that was due Oct. 12 under a 30-day grace period.…
Siemens CEO defends turbine business restructuring -Spiegel – Times of India
FRANKFURT, Nov 3 (Reuters) – Siemens’ chief executive has defended the German industrial group against government accusations that its planned job cuts could encourage right-wing populism in economically weak areas of the former East Germany. Siemens may cut thousands of jobs in an overhaul of its power and gas business, which is struggling with low…
Venezuela Seeks Debt Relief, While Confusing Its Bondholders – Bloomberg
On Thursday, at a raucous gathering of loyal supporters in Caracas, President Nicolas Maduro made official what the bond market had been anticipating for years: cash-strapped Venezuela is going to seek debt relief. Blaming the financial sanctions imposed by the U.S. government — and its lackeys in the Venezuelan opposition who lobbied for such measures — Maduro said that a…
Crooked house agent scammed customers to pay gambling debts – Mid-Devon Advertiser
A sales manager at an estate agency has been branded as thoroughly dishonest after he pretended to rent out homes which clients were trying to sell. Andrew Boyne demanded holding fees and advance rent for the houses after taking the keys from the office where he worked in Exeter. A family were left homeless after…