What a year. When the Bull returned from last years Christmas graze, iron ore was a robust $US71 a tonne, West Texas crude $US60 a barrel, the S&P-ASX 200 was great value at 5380 points, West Perth was a bustle of activity and the WestBusiness section brimming with enthusiasm and excitement. Thoroughly jaded today, it…
Written by Sunny Verma | Updated: December 31, 2015 12:29 am The Finance minister Arun Jaitley with the RBI governor. The government and the central bank are moving towards setting up a monetary policy panel. (Source: Express photo) Looking back Towards the end of this year, the government introduced the Insolvency and Bankruptcy Code in…
TORONTO, Dec. 30, 2015 (Canada NewsWire via COMTEX) — LWP Capital Inc. (LWP) (formerly “Legumex Walker Inc.”) (“LWP” or the “Company”) today announced that effective December 31, 2015, the Company formally adopted the plan of liquidation (“Plan of Liquidation”) substantially in the form set out in Schedule E to the Company’s Management Information Circular dated…
Baku, Azerbaijan, Dec.30 By Anvar Mammadov Trend: Azerbaijani insurance company Garant Insurance JSC has announced its liquidation, Vergiler (Taxes) newspaper reported Dec.30. Its assets have been transferred to PASHA Insurance, a source on the countrys insurance market told Trend. The companys creditors should submit their claims to the following address within two months: Baku, Sarabskiy…
LAS VEGAS (KSNV News3LV) — Weve all heard the saying Many Happy Returns, well that phrase probably wasnt written be a retailer. Approximately 10-percent of everything sold this holiday season, or $63billion worth of goods, will be returned. Much of it ends up at a Las Vegas surplus warehouse owned by Liquidation.com. When items are…
Molycorp Inc. laid out the financial facts that it says justify allowing it to exit Chapter 11 bankruptcy in trimmed-down form as opposed to being pushed into a liquidation. The Greenwood Village-based rare-earths company says it would be valued at $252 million at most in a liquidation scenario, far from enough to cover more than…
By: ENS Economic Bureau | Published:December 29, 2015 1:27 am What happened this year THE RESERVE BANK OF INDIA cut repo rate by 125 basis points. The Centre and the RBI also signed a Monetary Policy Framework agreement in February to maintain price stability and growth. As per the agreement, RBI would set the policy…
©Reuters What do you think eurozone policymakers need to do next to boost the regions recovery? Number of responses: 33 Anonymous Each economy has its own country-specific homework to do, but increasing productivity (for instance in Italy) should be very high on the policymakers agenda. Speaking from a eurozone perspective, I would like to see…
Troubled training provider Vocation has collapsed into voluntary administration, just over 12 months since the company was forced to forfeit $19.6 million in government funding. The appointment of Ferrier Hodgson as administrators also comes after the training provider entered several trading halts during 2015. The public-listed company is also subject to three class actions…
Simmone Laval, 37, was arrested after a year-long police investigation In 2010 alone, she took £48,000 from work and put it into her own account Some of her colleagues were made redundant after the firm went bust Police said Laval ‘took complete advantage’ of the trust of her directors By Darren Boyle for MailOnline…