Restructuring Communications in a Multi-Crisis Environment – FTI Consulting

When the COVID-19 pandemic emerged as a serious challenge for corporations at the start of 2020, it seemed as if the business environment could hardly be more volatile. Yet nearly three years later, COVID-19 is still present, and serious geopolitical tensions with massive economic implications are contributing to even greater volatility. This environment is already…

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CoinDCX starts restructuring business units, lays off employees – Moneycontrol

Cryptocurrency exchange CoinDCX has started consolidating some of its functions and, as a result, has laid off employees as a cost-cutting measure, according to multiple sources aware of the development. The marketing, branding, and activation teams were most affected by this restructuring that took place last month. This comes at a time when crypto exchanges…

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$30b clean energy venture collapses after billionaires clash – Sky News Australia

The Sun Cable clean energy venture entered into voluntary administration on Wednesday following a clash between two of Australia’s richest men. The $30 billion project aimed to create the worlds largest solar farm in the Northern Territory to power Darwin and export clean energy through the Australia-Asia Powerlink (AA Powerlink). However, an argument between two…

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Failed Canterbury house builder forecast to cost creditors more than … – New Zealand Herald

The residential construction sector is under pressure. Photo / file Creditors of an insolvent Canterbury house-building and renovation business have been projected to lose more than $1 million after the company went under. ACC, a council, telco, an energy provider, a roofing business, building material suppliers, plumbing businesses, scaffolders and Inland Revenue want money from…

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Billionaire-backed Sun Cable enters voluntary administration – The New Daily

Live A company planning the worlds largest battery and submarine cable as part of a plan to export Australian solar power to Singapore has collapsed into administration. Sun Cable, backed by billionaires Andrew Forrest and Mike Cannon-Brookes, said on Wednesday it made the difficult decision to enter voluntary administration in the hopes of unlocking extra…

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$35bn solar venture backed by Forrest, Cannon-Brookes goes into voluntary administration – PerthNow

One of Australias largest renewable projects backed by prominent billionaires Andrew Twiggy Forrest and Mike Cannon-Brookes has collapsed. Renewable giant Sun Cable had proposed to build a $35bn solar farm in the heart of the Northern Territory, with a cable to provide green energy to Darwin and Singapore. On Wednesday, the company confirmed it had…

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