Zhang Jike Photo: Courtesy of SECA Former Chinese table tennis superstar and multiple-time world champion Zhang Jike has recently been embroiled in a huge controversy as a veteran investigative journalist claimed that the rumor of Zhang being in huge debt for gambling and spreading private videos of his former girlfriend was true. The stars team…
Wintrust Business Minute: McDonalds shuts down offices ahead of corporate restructuring | WGN Radio 720 – Chicago’s Very Own Skip to content Read the full article at: https://wgnradio.com/wintrust-business-lunch/wintrust-business-minute-mcdonalds-shuts-down-offices-ahead-of-corporate-restructuring/
Publicly listed business cloud communications provider Comms Group has embarked on a business restructuring to save $2 million in operating costs. Taking place through the final quarter of FY23, the restructuring will include a review of resourcing within the domestic retail businesses. Once executed, Comms Group expects to make an underlying annualised EBITDA of roughly…
Wellness and beauty retailer BWXs Australian operations have been placed in voluntary administration as the company struggles to combat inventory and working capital issues. Kate Warwick, Joe Hansell and Kelly Trenfield of management consulting firm FTI Consulting have been appointed administrators, effective immediately. They intend to continue the directors search for a buyer for BWXs…
Days after the collapse of Silicon Valley Bank, the financial group’s UK arm is set to be declared insolvent. The Bank of England said that eligible depositors would be paid by the UKs deposit-insurance fund. According to an official statement, the UK’s finance minister has spoken to the governor of the Bank of England about…
Hong Kong CNN Alibabas landmark restructuring has sent its shares soaring in New York and Hong Kong, as investors bet on the return of regulatory support for Chinas tech industry and private businesses after more than two years of a brutal crackdown. But the nature of the overhaul, in which the internet conglomerate will…
Its starting to feel like a while since the beaten-up ASX share BWX Ltd (ASX: BWX) has been available for trading on the ASX. Thats because it has been. BWX shares last traded on the share market back on 23 March, almost two weeks ago. Back then, the company announced a trading halt so that…
FTI Consulting has taken over as administrators of the company, though its operations outside Australia are not affected. BWX has gone into administration, putting their flagship brand Sukin into jeopardy. (Michael Dodge) Go-To is run and managed independently and not included in the administration. BWX owns 50.1 per cent of Go-To, but is “actively working…