Asiatravel announces restructuring exercise; Singapore HQ to be shifted to Philippines – The Business Times

Wed, Feb 14, 2018 – 6:41 PM THE board of travel website Asiatravel.com announced it is taking steps to streamline the group’s business and focus on profitability after undertaking a “comprehensive review” of its various businesses. The group announced – after the market had closed – that it will undertake a restructuring exercise to divest,…

Aurionpro eying accelerated growth on sustained positive business momentum and reports revenue of Rs. 166.05 Cr in … – GlobeNewswire (press release)

MUMBAI, INDIA, Feb. 13, 2018 (GLOBE NEWSWIRE) — Aurionpro Solutions Ltd (NSE:AURIONPRO) (BSE:532668), a leading provider of technology solutions for Banking, Digital Innovation and Cybersecurity, today announced its consolidated financial results for the third quarter and nine months ended December 31, 2017. Q3 FY17-18 Financial Highlights Key highlights for the Q3 of FY17-18 are: Total…

Investigate mistreatment of small firms, Central Bank told – The Times

Ulster Bank drawn into scandal of RBS restructuring unit Peter ODwyer, Senior Ireland Business Reporter Of more than 2,000 Irish customers transferred to the RBS Group restructuring unit only about 100 survivedAIDAN CRAWLEY/GETTY The Central Bank is facing new calls to investigate Ulster Banks controversial business restructuring unit after a leaked report criticised its parent…

GM to shut one South Korea plant, decide on fate of others within weeks – The Globe and Mail

General Motors Co said it will close one of its four plants in South Korea and incur an $850-million (£630.9 million) impairment charge as part of a restructuring of its money-losing business in Asia’s fourth-biggest economy. The U.S. auto maker said it would decide the future of its remaining South Korean operations within weeks, and…

General Motors Company To Take $850M Charge With Closing of Korean Plant – Investorplace.com

General Motors Company (NYSE:GM) will close one of its four plants in South Korea and take an $850 million impairment charge as it restructures its money-losing business in the country. GM stock has lost just under 1% so far this month as the S&P 500 Index dropped almost 6%. GM has been aggressively addressing underperforming businesses globally,…

7 VPs among 49 employees laid off during WellStar Health System’s ‘corporate restructuring’ – Becker’s Hospital Review

Written by Alyssa Rege | February 12, 2018 | Print  | Email Seven of the 49 individuals laid off by Marietta, Ga.-based WellStar Health System last month held vice president or senior vice president roles within the 11-hospital system, according to the Cobb Business Journal. Here are six things to know about the executive layoffs. 1. Keith…