Ford has appointed a new China chief in a company-wide restructuring as the global carmaker attempts to turn around disappointing sales in the worlds biggest car market. Ford has been operating without a China head of operations since January, when its former executive Jason Luo stepped down after only five months in the job, citing…
Videocons businesses, especially in consumer electronics and home appliances segment, are dependent on each other, according to State Bank of India. Photo: Pradeep Gaur/Mint Mumbai: The State Bank of India (SBI) wants to appoint an adviser to liaison among the separate resolution professionals (RPs) and prospective bidders for the 15 Videocon group entities that it…
In 1968, a group of parents and community members from the Cessnock region had a dream to provide work opportunities for people with disabilities, On November 9, 2018, that dream willofficially be over. Thats the day when the Endeavour Industries laundry at South Cessnock, its property care and maintenance division and box packing facility at…
In 1968, a group of parents and community members from the Cessnock region had a dream to provide work opportunities for people with disabilities, On November 9, 2018, that dream willofficially be over. Thats the day when the Endeavour Industries laundry at South Cessnock, its property care and maintenance division and box packing facility at…
Regarding Sears bicycle business, mainly U.S. suppliers are affected by this bankruptcy. For example, Kent International Inc. is assembling bicycles for Sears. Since the opening of a completely new bicycle factory in South Carolina about four years ago Kent offers close to market production for its private label and OE-business. How Sears financial troubles would…
The Bank of Canada (BoC) is widely expected to raise its trend-setting interest rate by another quarter of a percentage point to 1.75 per cent, on Wednesday. It would be another step in the gradual move toward higher rates under the stewardship of BoC governor Stephen Poloz. And it could also nudge a growing number…
Photo by Mario Tama/Getty Images Sears was founded by Richard W. Sears and Alvah C. Roebuck 132 years ago. It was initially a watch company, but quickly expanded and became a major catalogue retailer. For more than 100 years, it was a cornerstone of American retailing. But, its glorious story might be coming to an…
Nearly half say they are already feeling the effects of the interest rate increases, up 7 points since June One-third express concern that rising rates could move them towards bankruptcy, up 6-points since June Over half are concerned about their ability to repay their debts if interest rates continue to climb, up 3 points since…
Debt-burdened owners are advised to sell their cars and walk away from debt. Reuters CAPE TOWN – Over-indebted consumers struggling to make monthly payments on their vehicles caused by the high cost of living and exacerbated by constant fuel increases should not bury their heads in the sand but rather opt to sell before their…
By Petros Kausiyo ZIFA president Philip Chiyangwa has demanded that his leadership be accorded respect as they battle to keep national football afloat in a tough operating environment under which many an institution could easily have closed shop. The association has battled long and hard in a harsh economic climate to ensure that national teams…