QIWI Provides Update on Corporate Restructuring NICOSIA, CYPRUS – June 30, 2023 – QIWI plc (NASDAQ and MOEX: QIWI) (“QIWI” or the “Company”), a leading provider of cutting-edge payment and financial services in Russia and the CIS, today commented on the status of its corporate restructuring plan (“Plan”). According to the Plan, the Company contemplated…
COLOMBO, June 30 (Xinhua) — Sri Lankan President Ranil Wickremesinghe has urged the business leaders of the country to educate their employees on the government’s domestic debt optimization program, the President’s Media Division (PMD) said on Friday. The PMD said in a statement that the president addressed the members of the chambers, business leaders, and…
To facilitate decision making, RSM Ireland work with business leaders and management to formulate objectives that provide direction and purpose, writes Paddy OConnell, head of Restructuring Advisory. Having survived Covid and following the withdrawal of government support measures, companies must now deal with inflationary cost pressures, rising interest rates, continuing supply chain issues, and labour…
Powerhouse Energy Group PLC (AIM:PHE) said the corporate restructuring it undertook in 2002 will lead to a stronger business heading into the future. During the year, Powerhouse switched from a model of licensing its technology to third-party developers to fixed annual licence fees. The company also recently took full control of its flagship Protos plastics…
A report by Rhodium Group, on Thursday (June 29) showed that the value of Chinese debt relief dropped by more than 50 per cent between 2021 and 2022. This comes as Beijing, the worlds largest bilateral creditor, has recently backed more multilateral efforts to standardise support for poor nations. The report about Chinese debt relief…
The nations biggest supermarkets have been granted conditional authorisation to continue in-store soft plastics recycling operations following the suspension of the now defunct REDcycle program. The announcement was made by the Australian Competition and Consumer Commission (ACCC) on Friday, permitting the ongoing collaboration between Coles, Woolworths and Aldi to manage the soft plastics stockpile. The…
Companies House Published 29 June 2023 Contents 1. Other statistics in this release 2. Main points 3. Impact of coronavirus (COVID-19) measures on the register 4. Changes in the companies register 5. Historic changes in register size 6. Age of companies on the register 7. Types of corporate body on the register 8. Overseas companies…