Singapore A*STAR – the lead public sector agency that spearheads Singapore’s research and development (R&D) work – will soon undergo a major restructuring. Deputy Prime Minister Teo Chee Hean, who broke the news to the media on Monday, said that the restructuring will enable A*STAR to keep up with a biomedical industry that has “transformed…
Nikon recently released a set of reports detailing severe financial difficulties for the camera company. As a result, they will be cancelling the release of a new line of premium compact cameras and the company will undergo major restructuring in an attempt to make it profitable again. The reports (released today) indicate that the company recorded “extraordinary”…
DALLAS, Feb. 13, 2017 /PRNewswire/ — Attorneys from two established and respected Dallas boutique law firms have joined to create Condon Tobin Sladek Thornton, a regional full-service business law firm with collective expertise in a wide range of practice areas including commercial real estate; banking and corporate transactions; and complex litigation including business disputes, bankruptcy and…
Send your thoughts to [email protected]. Leicester/HarchesterWith all thats happened in the past 12 months (Trump, Brexit, Celebrity deaths, etc.), Im convinced the world is just some intergalactic TV show, with the writers desperately cobbling together more and more outrageous storylines in an attempt to boost ratings. And inspired by the greatest TV show of the…
SYDNEY–Packaging company Amcor Ltd. (AMC.AU) said its first-half profit fell by 6.2% because of unfavorable currency swings. The Melbourne-based company reported a net profit of US$286.6 million for the six months through December, compared to US$305.5 million a year earlier. Amcor has been restructuring its flexibles business, which provides packaging for the food and beverage,…
Some encouraging company earnings reports, a positive lead from US markets and higher commodity prices have helped lift the Australian share market by about 0.7 per cent to its best close in a month. On Monday, the benchmark S&P/ASX200 was up 40.1 points, or 0. 7per cent, at 5,760.7 points. The broader All Ordinaries index…
Joe Brake has overseen Coca-Cola‘s bottling operations in Bethlehem for 17 years, but like the industry he’s represented, he’s also undergoing a transition. Coca-Cola’s major restructuring of its bottling operations means a major shift in roles for Brake, from running day-to-day operations at the plant to working out of his Upper Saucon Township home. Brake…
Howard’s Storage World was sold by Deloitte after going into voluntary administration. Howards Storage World Howard’s Storage World Group has managed to escape being the latest on a long list of failed retailers after Deloitte sold the business, but not before a restructure resulted in the shuttering of 11 company-owned stores and the loss of 90 jobs. As first revealed by The Australian…
Administrators for the collapsed retailer Howards Storage World have found a buyer for the bulk of the chain, effectively saving about 160 jobs nationwide. Deloitte Restructuring Services announced this morning the sale of the business to undisclosed experienced retailer for an undisclosed price. Howards Storage was established in 1997 and has 58 stores nationally, including…
– Company Expects $25 million in Annual Cost Savings from Restructuring Plan – – Consolidated Locations will be Merged into Adjacent Dealerships – – Reorganized Operating Structure Expected to Increase Efficiency and Improve Customer Support – WEST FARGO, N.D., Feb. 09, 2017 (GLOBE NEWSWIRE) — Titan Machinery Inc. (Nasdaq:TITN), a…