(A typing error was corrected in the headline of the report dated Sept. 15). FRANKFURT (dpa-AFX) – Pharmaceuticals and agrochemicals group Bayer plans to streamline its management, according to a media report. Group CEO Bill Anderson, who has been in office since June, first wants to launch a program for greater efficiency and bureaucracy reduction…
Rescon Builders builds granny flats – or at least it used to, before the company went into voluntary administration. That’s when A Current Affair heard from angry customers. “I keep sending emails to them, no responses, so I sent them an email asking them if they were in liquidation and still no response,” Peter Reeve…
Businesses in the UK are starting to decline following a significant rise in company insolvencies last month. Recent insolvency service data shows company bankruptcies surged to 2,308 in August, marking a 33.6 percent increase compared to July. Nicky Fisher, president of R3, the UKs insolvency and restructuring trade body, commented: Augusts corporate insolvency figures were their…
By OlOn August 10, 2015, Larry Page announced the creation of Alphabet, a company consolidating all businesses related to information technology. The Google search engine and its related services, YouTube, and Pixel phones were grouped into a separate holding, while startups that were expected to have a future impact were separated. Larry Page and Sergey…
The expenses associated with obtaining a degree or other professional qualification can run into hundreds of thousands of rands, resulting in many young professionals acquiring large student loans. As a result, one of the major challenges most young people face as they enter the workforce is finding the right balance between repaying loans and managing…
A McLaren P1 supercar, similar to the one in this photo, was sold as part of the liquidation of Sans Pareil winery. It had a door sill signed by F1 star Daniel Ricciardo (insert left; Aaron Salvestrin, insert right). Photo: supplied. An imported McLaren P1 supercar signed by Formula One star Daniel Ricciardo was sold…
Hong Kongs Court of First Instance recently held (in the case of Re Gatecoin (in liquidation) 2023) that cryptocurrency has all the traditional characteristics of a property and is to be properly regarded so. However, the court did not come to any conclusion on characterising the nature of cryptocurrency; namely, whether its a thing in…
Leeton Shire Council Council advises that HME Services, the company engaged to deliver specialist sound and lighting equipment for the Roxy, entered voluntary liquidation in August. PKF in Brisbane has been appointed as the administrators. HME Services was a well-respected Australian company, specialising in sound and lighting designs and fit-outs in the creative arts industry.…