As catalogued in Julys Economic and Fiscal Update, and the recent June quarter national accounts, the costs have been enormous: thousands of businesses destroyed; over a million workers made unemployed or idle; the largest post-War quarterly fall in output; and $280 billion of additional net public debt by mid-2021, just federally. That is largely water…
Monday, 28 September 2020, 1:12 pmPress Release: Minter Ellison Rudd Watts The Supreme Court last Thursday released its long awaited decision on directors duties engaged on a companys insolvency Debut Homes Limited (in liquidation) v Cooper [2020] NZSC 100. The decision has profound implications for directors confronted with a business experiencing material financial distress and…
Thanks for reading! Log in to continue. Enjoy more articles by logging in or creating a free account. No credit card required. Can you honestly say that gambling is good for a community? Is it wholesome entertainment? What often comes with it drinking, crime and other things? Is this Bristols vision for the solution to…
Steve Ramsey gets his feet repaired at The Hawthorns At the peak of his addiction, Steve Ramsey was placing 500 bets on football a day. “It was the in-play betting that did me over,” he says, shortly after leaving Wolverhampton Wanderers’ Molineux ground on a 130-mile walk this week to highlight football’s relationship with gambling.…
By Davide Barbuscia DUBAI (Reuters) – Turnaround and restructuring firm AlixPartners is boosting its headcount in the Middle East as corporates seek to cut costs and restructure debt amid the double shock of low oil prices and the coronavirus pandemic. The New York-headquartered firm has recently hired six people in Dubai from one of its…
By Davide Barbuscia DUBAI (Reuters) – Turnaround and restructuring firm AlixPartners is boosting its headcount in the Middle East as corporates seek to cut costs and restructure debt amid the double shock of low oil prices and the coronavirus pandemic. The New York-headquartered firm has recently hired six people in Dubai from one of its…
Unlike in the US or Europe, Korea has not implemented drastic measures against Covid-19, such as compulsory lockdowns, and whether Covid-19 has significantly dented Korea’s economic activity remains unclear. However, the country’s manufacturing sector relies heavily on exports and these are declining, rendering any likelihood of an economic rebound in the second half of the…