Employment issues and guidance for business restructuring in China – Vantage Asia

With the continual development of new technology, rapid changes in the global economy, the constant threat of competition and a slowing local market, many companies are faced with the challenge of restructuring their business operations in China in order to cope with these new changes. Such restructurings may include: converting a Sino-foreign joint venture into…

Arvind to demerge, list branded apparel, engineering businesses – Livemint

A file photo of Sanjay Lalbhai, chairman and managing director, Arvind Ltd. Photo: Jaydip Bhatt/Mint Mumbai: Arvind Ltd will demerge and publicly list its branded apparel and engineering businesses to focus better on its core textiles business, the company said on Wednesday. Once the restructuring is complete, Arvind Ltd will hold the textiles business, Arvind…

Financial Conduct Authority still faces tough questions over RBS Global Restructuring Group scandal – The Times

As Royal Bank of Scotland has been buffeted by outrage from politicians and victims of its scandal-hit restructuring unit in recent weeks, it has at least seen a thin silver lining. A summary of a regulatory report into the Global Restructuring Group published last month revealed the intentional mistreatment of thousands of small and medium-sized…

People are beginning to wonder if a Venezuelan default is inevitable – Business Insider

REUTERS/Carlos Garcia Rawlins President Nicolas Maduro announced Venezuela will look to restructure its US$89 billion worth of debt to be able to continue servicing it. Forecasts about what will happen next are all pessimistic. By the end of next year, the government and state-owned PDVSA must repay debt obligations to the tune of $13 billion,…

Acosta Welcomes Industry Expert to Expand eCommerce Capabilities – Markets Insider

JACKSONVILLE, Fla., Nov. 8, 2017 /PRNewswire/ — Acosta, a leading full-service sales and marketing agency in the consumer packaged goods (CPG) industry, announced today that Brian Christensen has joined the company as Senior Vice President of Digital Strategy and eCommerce. This hire is in an effort to help broaden Acosta’s services and capabilities in the emerging…