By Dearbail JordanBusiness reporter image copyrightGetty Images Royal Mail has said revenue from parcel deliveries has surpassed letters for the first time, fuelled by a surge in online shopping during the pandemic. The postal group said turnover from parcels now makes up 60% of its total revenue, which rose by nearly 10% in the first…
The Research Insights has published an innovative data, titled as Corporate Development And Restructuring Consulting Services market. To discover the desired statistics for prediction of the current and future trends, it uses the primary and secondary research techniques. This report is summarized with provisions of the industries as well as requirements of the customers. It…
{{featured_button_text}} COPENHAGEN, Denmark (AP) Low-cost carrier Norwegian Air Shuttle said Wednesday it is seeking restructuring and bankruptcy protection in Ireland, where its fleet is held, saying the decision was in the interest of its stakeholders. Norwegian will continue to operate its route network and both its bonds and shares will trade as normal on the…
Loading “We had become very formal and formulaic in doing what we were doing and were spending too much time trying to copy other competitors.” Virgin launched as the budget carrier Virgin Blue 20 years ago but in 2011 reinvented itself as a full-service airline targeting Qantas’ rusted on corporate travellers. It ran up huge…
By Melody Yuan Nov. 16, 2020 Selling a portion of your business may bring in cash, provide access to resources, or reduce financial risk. (Photo credit): Gettyimages.com/pixelfit How selling certain portions and assets of your business can be part of your strategy to save it Cash is a lifeline. But with the prolonged pandemic, lower…
The strain of corporate debt looms large over the global economy. Months into the pandemic, corporate balance sheets in both advanced economies and emerging markets are more stretched than ever, with aggregate corporate debt standing at historically high levels relative to GDP. At the same time, traditional measures of debt affordability and debt sustainability are…
Today at our annual Investor Day we announced an important milestone in our T22 journey an important moment in Telstras long history a proposed restructure of our business. I wanted to take a moment to explain whats driving the changes and what happens next. First let me outline todays announcement. We have announced the proposed…
Kesoram Industries Ltd is focusing on a sustainable turnaround and expecting to conclude its second phase of restructuring process by inducting a strategic investor into it TopicsKesoram Industries|Indian companies B K Birla Group flagship Kesoram Industries Ltd is focusing on a sustainable turnaround and expecting to conclude its second phase of restructuring process by inducting…
A KPMG UK spokesperson said: Our industry-leading restructuring business has an established track record of advising on some of the highest profile and most complex projects across the UK. However, in recent years we have seen the dynamics of the UK insolvency and restructuring market change. As a result, we have concluded that now is…
John Winter, CEO of the Australian Restructuring Insolvency and Turnaround Association: Firms “well aware there are busy times ahead”. The temporary insolvency relief measures have cut work in the area to the extent that “55 per cent of insolvency firms remain on JobKeeper themselves“, said John Winter, the CEO of the Australian Restructuring Insolvency and…